Survey Reveals Young Canadians' Desire to Save for Retirement Amid High Cost of Living

Survey Reveals Young Canadians' Desire to Save for Retirement Amid High Cost of Living

SpanglishNews Most young Canadians don't think they will be able to retire at 65, owing to skyrocketing living costs and inadequate financial knowledge. While some Canadians have savings, many have nothing stored for their pension or have lower expectations of retirement. Experts insist on the importance of starting retirement funds as early as possible, despite the high cost of living. They suggest planning when to 'peak' and 'dip' their earnings to enjoy a comfortable retirement. #FinancialLiteracy #RetirementPlanning #CostofLiving 💰📊🇨🇦

En Español: La mayoría de los jóvenes canadienses no creen que podrán jubilarse a los 65 años, debido al aumento vertiginoso de los costos de vida y a unos conocimientos financieros inadecuados. Si bien algunos canadienses tienen ahorros, muchos no tienen nada almacenado para su pensión o tienen menores expectativas de jubilación. Los expertos insisten en la importancia de poner en marcha fondos de jubilación lo antes posible, a pesar del elevado coste de la vida. Sugieren planificar cuándo alcanzar el "pico" y "bajar" sus ingresos para disfrutar de una jubilación cómoda. #alfabetizaciónfinanciera #planificacióndejubilación #costodevida 💰📊🇨🇦
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