Manulife-MIT AgeLab survey: Canadian employees' retirement readiness averages 60 out of 100
Key points
- More than 1,000 Canadian employees took part; average retirement readiness is 60 out of 100
- Community scored highest at 75; planning for long-term care and caregiving scored lowest at 40
- Manulife says employers play a critical role through retirement savings and health benefits
A new Manulife and MIT AgeLab survey of more than 1,000 Canadian employees rated average retirement readiness at 60 out of 100. Of eight dimensions, community scored 75, social connections 69, finances 66, health 55 and housing 53. Planning for long-term care and caregiving scored lowest, at 40. Manulife's Fraser Wiswell said employers play a critical role through retirement savings and health benefits.
Original report: Benefits Canada.com ↗Edited with AI assistance. Facts are based on official sources and original reports. For information only; not legal, immigration or insurance advice.