More than half of Canadians indicate they are behind on retirement savings, according to a recent survey commissioned by tax preparation firm H&R Block Canada.
The survey, published on April 3, found that 52 percent of Canadians are unprepared for retirement as they don’t feel they have enough money left at the end of the month to save for it. Half of them (50 percent) say they plan to have a “side gig” when they retire.
Peter Bruno, president of H&R Block Canada, says Canadians now have an “evolved” vision of retirement.
“Not so long ago, the traditional vision of retirement was that at around 65 years old, Canadians ‘hung up their hats’ and celebrated the end of full-time employment.,” said Bruno in a press release….