Nearly half of working-age Canadians not saving for retirement: HSBC report
OTTAWA — A report by HSBC suggests that nearly half of working-age Canadians are not saving for retirement.
The big international bank says 48 per cent of pre-retirees in the country say they have not started or are not currently saving for their life after work.
The poll was part of a global retirement report done by HSBC.
The survey also found that one in five working-age Canadians say that money from downsizing or selling their home or a secondary property will help pay for retirement.