Reasons for starting to save for retirement in Canada 2017

Published by Statista Research Department, Dec 19, 2022
This statistic presents the reasons for starting to save for retirement in Canada in 2017. It was found that 29 percent of the respondents started to save for retirement because they turned a certain age.

Reasons for starting to save for retirement in Canada in 2017

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Source

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Release date

May 2017

Region

Canada

Survey time period

February 2017

Number of respondents

16,000*

Special properties

employees and retired people.

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "There are many reasons why people start saving for retirement. Which, if any, of the following have prompted you to start saving for retirement?"
*The findings in this report are based on the responses of 14,400 employees and 1,600 retired people in 15 countries: Australia, Brazil, Canada, China, France, Germany, Hungary, India, Japan, the Netherlands, Poland, Spain, Turkey, the United Kingdom and the United States.

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