Squeezed Dry!

You can only pay so much for the “basics” until something has to give…..

April 20,2011 (Toronto, ON)– Working to pay off debt and cover basic living expenses, more than half (54%) of Canadians find it a real struggle or impossible to save and 38% admit they have no savings, according to the TD Canada Trust 2011 Report on Savings released today. http://www.smrmediaroom.ca/TDSavings.htm

Careers ending earlier than expected, retirees seeking other income

TORONTO, April 20, 2011— There are surprises in store for Canadians who are expecting to retire on a date of their own choosing, according to the 2nd Annual RBC Retirement Myths & Realities poll. http://www.rbc.com/newsroom/pdf/0420-retirement-myths.pdf

The RBC poll also found in the past 12 months, there has been a significant rise in the number of retirees returning to the workforce because they need the income (41 per cent in 2011 compared to 32 per cent in 2010), as well as a drop in the number of Canadians retiring debt-free (56 per cent in 2011; 61 per cent in 2010).


About 2sidesof49

This Blog is for all Canadian Cross-Border Shoppers wanting to maximize their returns on their U.S. shopping trips. Visit 2sidesof49.com for tips and tricks and links to our partners websites, blogs and products. Also check out my book The Canadian Cross-Border Shopping Guide - guaranteed to save you money!
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s