Economic News/Trends and Analysis — February 4, 2010
Canadian Investors Plan to Retire On Time: Scotiabank Study
- Nearly three-quarters of Canadian Investors have not changed the age at which they plan to retire
"It's encouraging to see that the majority of Canadian investors have not changed their retirement plans, which indicates that they remained invested during 2009 and stuck to their long-term plans," said
The average Canadian investor plans to retire at the age of 61 with half (49 per cent) saying they plan to retire before the age of 65, up from 43 per cent in 2008. Also, the number of Canadian investors who say they do not plan to fully retire has reduced by half (five per cent in 2009 vs. 10 per cent in 2008).
"To achieve their retirement goals, Canadian investors need to ensure they have a balanced portfolio that includes long-term growth assets," said
"Now is the perfect time for Canadians to review their retirement plan to ensure they are on the right track to making their retirement dreams a reality," concluded
TNS Canadian Facts (www.tns-cf.com) is one of Canada's most prestigious full-service marketing, opinion and social research organizations. TNS, who recently merged with Research International, is the world's largest custom research agency delivering actionable insights and research-based business advice to its clients so they can make more effective business decisions. TNS offers comprehensive industry knowledge within the Consumer, Technology, Finance, Automotive and Political & Social sectors, supported by a unique product offering that stretches across the entire range of marketing and business issues, specializing in product development & innovation, brand & communication, stakeholder management, retail & shopper, and qualitative research. Delivering best-in-class service across more than 70 countries, TNS is part of the Kantar Group. Please visit www.tnsglobal.com for more information.
Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With close to 68,000 employees, Scotiabank Group and its affiliates serve approximately 14.6 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With more than
For further information: Robyn Harper, Scotiabank Public Affairs, (416) 933-1093, robyn_harper@scotiacapital.com
Latest Industry Press Releases
Updated 18:02 MST, March 9, 2010 
Construction/Building
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The 2010 Annual International Conference on Research Facilities (2010-03-02)
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