OTTAWA -- Canadians are more uncomfortable talking about money than religion, says a Bank of Montreal survey out Wednesday showing we are losing sleep over personal finances and our biggest fear is not having enough to retire.
While they may not want to talk about it, 46% of Canadians polled felt anxious about money matters and 53% thought they should be managing their finances better. It is not just those on a tight budget who were concerned about finances. Around 35% of respondents with household incomes greater than $100,000 said they have lost sleep worrying about money matters.
Heading up the list of worries, at 46%, is not having enough money to retire comfortably. Twenty per cent were concerned they were living beyond their means, but only 12% thought they would outlive their money.
Where does everyone stand on this issue?
http://www.financialpost.com/money/story.html?id=704986