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By MoneySense Staff on May 19, 2010
Estimated reading time: 1 minute

Canadians ready for retirement, says RBC

By MoneySense Staff on May 19, 2010
Estimated reading time: 1 minute

New poll suggests we're doing fine, but we're worried all the same.

This article is 15 years old. Some details may be outdated.

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RBC would like nervous pre-retirees to relax. A new poll commissioned by the bank suggests that a lot of us are needlessly anxious about making ends meet in our golden years. Of working, 50-plus Canadians with at least $100,000 in household assets, only 38% think their lives will improve after retirement, according to the Retirement Myths & Realities poll—despite that 95% of retirees polled said they’re enjoying a successful retirement. RBC’s Lee Anne Davies chalks it up to “fear of the unknown.” Other findings: Canadians think that “realistic expectations” and “having saved enough money” are important for a successful retirement.

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