Table A.12
Multivariate results on certainty regarding retirement income of near-retirees, Canada, 2007

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Near-retirees who stated a planned age of retirement only Inadequate or very inadequate Barely adeqate More than adequate or adequate
percentage
Predicted probability of outcome
6.4
20.3
73.3
Difference associated with change in…
  percentage points
Age
ns
ns
ns
Age squared
ns
ns
ns
Gender
Men
rg
rg
rg
Women
ns
ns
ns
Marital Status
Married/Common-law
rg
rg
rg
Other
3.0 pts
4.4 pts
- 7.4 pts
Immigration Status
Canadian-born
rg
rg
rg
Immigrated before 1975
ns
3.3 pts
- 5.5 pts
Immigrated between 1975 and 1989
3.3 pts
4.7 pts
- 8.0 pts
Immigrated since 1990
ns
4.1 pts
- 7.0 pts
Self-assessed health
Excellent
rg
rg
rg
Very good
2.5 pts
3.9 pts
- 6.4 pts
Good
5.2 pts
7.4 pts
- 12.6 pts
Fair or poor
9.1 pts
10.0 pts
- 19.1 pts
Unionization
Non-unionized employees
rg
rg
rg
Unionized employees
- 1.2 pts
- 1.9 pts
3.1 pts
Self-employed
ns
ns
ns
Occupation
Management
ns
ns
ns
Professional
ns
ns
ns
Technologists and technicians
ns
ns
ns
Clerical
ns
ns
ns
Sales and services
ns
ns
ns
Trades, Transportation and Equipment Operators
ns
ns
ns
Occupations in Primary Industries
ns
ns
ns
Occupations in Processing, Manufacturing and Utilities
rg
rg
rg
Additional year of job tenure
- 0.2 pts
- 0.2 pts
0.4 pts
Pension coverage
No pension
rg
rg
rg
Yes pension
- 2.6 pts
- 4.2 pts
6.8 pts
Inconsistent answers1
- 2.0 pts
- 3.5 pts
5.5 pts
Contributed to a registered retirment savings plan (RRSP) in the past five years
No
rg
rg
rg
Yes - Assets less than $50,000
ns
ns
ns
Yes - Assets $50,000 to $100,000
-3.1 pts
-5.8 pts
8.9 pts
Yes - Assets greater than $100,000
-5.3 pts
- 10.5 pts
15.8 pts
Yes - Assets not stated
-3.8 pts
- 7.9 pts
11.7 pts
Household income
Less than $40,000
rg
rg
rg
$40,000 to $59,999
ns
ns
ns
$60,000 to $79,999
-3.1 pts
- 5.7 pts
8.8 pts
$80,000 to $99,999
- 3.2 pts
- 6.0 pts
9.2 pts
$100,000 or more
- 6.3 pts
- 11.4 pts
17.7 pts
Not stated
-2.0 pts
- 3.5 pts
5.5 pts
Housing tenure
Housing rented
rg
rg
rg
Housing owned with mortgage
ns
ns
ns
Housing owned without mortgage
-2.5
- 4.2 pts
6.7 pts
Housing tenure not stated or other
ns
ns
ns
rg Reference group.
ns Not significant.
1. About 10% of respondents provided inconsistent answers to the two questions about pension coverage and are treated as a separate category.
Note: Near-retirees who stated a planned age of retirement only. Percentage point differences in this table are to be interpreted by comparing them to the reference group in each category. For instance, it is predicted that non-married individuals will be 3.0 percentage points more likely than married individuals to state that they believe that their retirement income will be inadequate or very inadequate.
Source: Statistics Canada, General Social Survey, 2007.