Manulife Survey
Already retired-22% are between 50-59 years old
70% are between 60-70 years old
17% expect to retire in the next 5years
13% expect to retire in the next 5-10 years
7% expect to retire in the next 10-15years
3% will work more than 15years
1% will never retire
49% will maintain their lifestyle
47% will have tight cashflow
56% in the workforce will return to work if financially necessary
63% expect cashflow to be tighter
50% don’t know how they’ll curb spending
68% had a plan for generating retirement income
24% expect any healthcare benefits from current employers
Trend to consolidate savings with single financial solution
36% have done so
18% have consolidated with one advisor
37% have investments spread
49% don’t want undue risk
45% want investments to grow
44% are conservative investors who want little risk
13% will maximize risk in exchange for higher returns
31% are balanced investors between those extremes
National Post September 2006
