Canadians are living longer

Compared to previous generations, both male and female Canadians can expect to live longer, healthier lives in retirement

This means you can expect to fund your retirement for 25 years or more - potentially outliving your income. Additional resources will likely be required to maintain a comfortable standard of living and how well you do depends on how well you achieve savings growth.

Living Longer is a Fact of Life

Compared to previous generations, both male and female Canadians can expect to live longer, healthier lives - extending the timeframe of their retirement.

What's The Bottom Line?

Planning for retirement income to last well into your 90s is a necessity. Savings must continue to grow and individuals need to be prepared to support their lifestyles for 25 years or more.