Are Canadians afraid of becoming old? a poll

Are Canadians afraid of becoming old? a poll

A total of 5,885 Canadians aged 50 and older took part in the survey. They shared their fears and expectations about their upcoming retirement.

The survey showed that most Canadians are not afraid of becoming old, but are a little concerned about income and health. 72% said they have enough savings, so they see old age in a positive way.

Those respondents who have chronic diseases are more concerned about the availability of medical care in the future. Still, there remain problems with medicine in Canada.

The most important results of the survey:

  • 40% of those surveyed are concerned about future health problems;
  • 30% of respondents were afraid of social isolation;
  • 70% said they were proud of their relationships with family and friends and were not afraid to be alone;
  • 31% had already experienced age discrimination in the workplace, especially those born outside of Canada.

The financial situation of older Canadians varies widely. When interviewed, some groups of the ageing population said that their lifetime income was insufficient. This factor creates uncertainty about their ability to live independently in retirement.

Compared to retirees in many countries, Canadian seniors live very well. Decent benefits, varied food, and volunteer help. So most of them can afford a cafe dinner or an excursion. If you consider the research question from the Global AgeWatch Index, Canada is among the top countries that are considered the most age-friendly.

The full article is only available to members of the Immigrant.Today community.
Log in to your account to read it for free.

Login to the site

Source
  • #Retirement in Canada
  • #retirement contributions in Canada
  • #funded pension in Canada
  • #retirement benefits for Canadians
  • #retirement life for Canadians