Retirement-Related Highlights from the 2009 Canadian Financial Capability Survey
AbstractThe Canadian Financial Capability Survey (CFCS), released by Statistics Canada in December 2009, was designed to collect information about Canadians' knowledge, abilities, and behaviours concerning financial decision-making. In addition to information on approaches to money management and financial planning, the CFCS collected information on issues relevant to current discussions about Canada's retirement income system. For example, retired respondents were asked about their financial standard of living in retirement and whether their retirement income is sufficient to comfortably cover their bills and financial commitments. Working-age Canadians were asked about their financial preparations for retirement. This research note provides highlights on retirement issues using the CFCS.
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Bibliographic InfoPaper provided by Statistics Canada, Economic Analysis Division in its series Insights on the Canadian Economy with number 2010026e.
Date of creation: 08 Jun 2010
Date of revision:
Income; pensions; spending and wealth; Seniors; Work and retirement; Pension plans and funds and other retirement income programs;
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- Elena Simonova & Rock Lefebvre, 2011. "A Driving Force No More: Have Canadian Consumers Reached Their Limits?," Working Papers 110604, Certified General Accountants Association of Canada.
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