![]() If retiring at their intended age of retirement and converting all their financial wealth into annuities (which excludes business and housing equity) at that moment, 84% of Canadian households aged 25 to 64 years old in 2018 were on track to being prepared for retirement. ![]() Using the stochastic version of the innovative Canadians’ Preparation for Retirement (CPR) calculator – which, for the purposes of this report, computes 25 simulations for each household and aggregates the results – this report on retirement preparedness finds the following core results, weighted using the 2016 Census.
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