Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Canadians 'drowning in debt': 47% will borrow to cover costs, survey says

PepsiFree · 11-01-2019, 01:27 PM

Another stat, this one a little older, but it gives you an idea of how crazy "$150-200k" for retirement is:

https://www150.statcan.gc.ca/t1/tbl1...pid=1310036401

This suggests that of people making a retirement income, only 3% take in over $60k (so that'd be $120k household).

Are people really suggesting only 3% of all retirees are "comfortable"?

What is comfort to some people?

11-01-2019, 01:27 PM	#617
PepsiFree Participant Join Date: Jul 2015 Exp:	Another stat, this one a little older, but it gives you an idea of how crazy "$150-200k" for retirement is: https://www150.statcan.gc.ca/t1/tbl1...pid=1310036401 This suggests that of people making a retirement income, only 3% take in over $60k (so that'd be $120k household). Are people really suggesting only 3% of all retirees are "comfortable"? What is comfort to some people?