60 Percent of Canadians Express Doubts Over Ever Being Able to Retire: Survey

Nearly 60 percent of working Canadians are convinced retirement will forever be beyond their reach and more than 40 percent harbour anxiety or fear about their financial circumstances, a new survey suggests.
The results from the Healthcare of Ontario Pension Plan and Abacus Data survey reflect a growing worry among Canadians about their ability to secure a comfortable retirement and save for the future.
The annual survey released this week found that 59 percent of respondents are worried they will never be in a financial position to retire and 66 percent noted that they would probably need to work even after retiring to support themselves financially….