07/22/2022
The recent census showed the population of Canadians 85 or older grew 12% between 2016 and 2021 to 861,000 people, and projections show that number could grow to 2.5 million over the next 25 years. Living long lives is great, but studies also show retirees underestimate the risk longer lives puts on their savings. To read more about this, check out our latest blog here:
Canadians are living longer lives, and while that's great, it can create a real financial strain, especially for those without defined benefit pension plans.