Running out of money before they die and not being able to pay for long term care top the list of financial fears of seniors, according to a national survey commissioned by FP Canada and Credit Canada in time for June, which is Seniors’ Month.
Canada’s working seniors – Has retirement become a luxury?
Leger conducted a survey of 1000 Canadians 60 and older between May 2 and 9, 2018 using its online panel, LegerWeb. A probability sample of the same size would yield a margin of error of +/-2.5%, 19 times out of 20. Leger’s online panel has approximately 475,000 members nationally – with between 10,000 and 20,000 new members added each month and has a retention rate of 90%.