For context, it’s worth keeping mind that the average Canadian has $184,000 saved at retirement, and those numbers are skewed by the high end. 30 per cent of middle-aged Canadians have no savings and 20 per cent have less than $50k saved.
The median after-tax income in Canada for households headed by an individual over 65 years old is $61k. Single individuals over age 65 have a median after-tax income of $27,500.
If you plan to have $750k saved at retirement, you’ll be doing very well compared to most other retirees.
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Originally Posted by fotze
If this day gets you riled up, you obviously aren't numb to the disappointment yet to be a real fan.
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Last edited by CliffFletcher; 03-09-2022 at 09:01 AM.
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