Transcript Blue and Red Gradient

Investment Statistics in Canada
Direct Real Estate Investors, Inc.
2010
The Reality of Average Canadian Finances
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32% of working Canadians have begun to save for
retirement
Only 36 % say they are planning, or have an
actual plan for retirement, down from 42% in 2008
The average Canadians feels that they can't afford to
save for retirement.
Ispos Reid, RBC's 20th annual RRSP poll shows, Canadian Securities
Administrator
The Reality of Average Canadians
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53% of respondents believe that their financial goals
are either somewhat short, or nowhere near close to
what they need for retirement.
This statistic is up 36% from 2007
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Intentions Vs. Reality
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80% of adult Canadians agree that it is their
responsibility to acquire the knowledge and skills
necessary to make investment decisions
84% recognize the need for reliable, unbiased
information about investing
Only 32% have actually sought information on
investing.
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Canadians Who are 45 and Older
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64% agree that having a written investment plan
with clear goals is important.
39% have less than $50,000 saved
31% of those aged 39 to 54 don't have an RRSP or
any type of investment plan at all!
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Average Canadian After Tax Savings
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1985: Saved 15.8%
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1995: Saved 9.2%
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2003: Saved 1.4%
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2009: The average Canadian is saving even less,
while personal debt is skyrocketing.
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Intentions Vs. Reality
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41% of Canadians intend to retire before age 60
50%+ of people in that group have no idea where the
money will come from in order to achieve this goal.
38% of current retired Canadians lack funds
sufficient enough to sustain the lifestyle to which
they have been accustomed.
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Intentions Vs. Reality
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81% of boomers wish they had started planning and
building their retirement funds earlier
46% of boomers feel that they are not on track to
saving enough for their retirement
More than half of all Canadians feel that their state
of personal finances is not strong enough to ensure a
comfortable retirement
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
Unrealistic Dreams
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20%+ of Canadians expect some type of inheritance
in order to improve/support their future
11% of Canadians are betting that some of their
retirement income will come from winning the
lottery!
Ispos Reid, RBC’s 20th annual RRSP poll shows, Canadian Securities
Administrator
10 Years of Stock Market Investments
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If you averaged more than 3%-per-year returns on
your investments, you are an above-average
investor!
A classic portfolio composed of 40% of Canadian
bonds 60% stocks would have achieved an average
annual return of only 4.4% over the past 10 years.
Ian McGugan Financial Post March 2010