Posthaste: So long, freedom at 55 — Canadians now hope to retire at 61, but most doubt it will happen
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With inflation still running hot and interest rates the highest since 2007, Canadians, whether they are nearing retirement or not, are increasingly worried about their finances. Another recent poll by Scotiabank, found that Canadians are worrying about their finances for about five hours more a week than last year. The average amount of time spent worrying is 15 hours a week, up from 10 last year, or about 31 days a year, roughly the same amount of time you might spend on a part-time job.“Canadians continue to feel the impact of higher prices on their wallets, and this is leading to more time spent worrying.
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