Statistics Canada
Symbol of the Government of Canada

Table A.3
Certainty regarding retirement plans of near-retirees, by financial characteristics, Canada, 2007

  Somewhat/very certain Not at all certain/Don't know Don't intend to retire Total
Pension coverage
Yes
74.7*
20.5*
4.8*
100.0
No†
47.6
35.8
16.6
100.0
Inconsistent answers 1
58.0*
31.0
10.9*
100.0
Contributed to a registered retirement savings plan (RRSP) in the past five years
No †
49.3
36.0
14.7
100.0
Yes
66.6*
24.6*
8.8*
100.0
Yes - Assets under $50,000
61.0*
29.4*
9.6*
100.0
Yes - Assets $50,000 to $100,000
74.2*
19.1*
6.7*
100.0
Yes - Assets greater than $100,000
74.4*
17.9*
7.8*
100.0
Yes - Assets not stated
53.1
34.1
12.8
100.0
Pensions and RRSPs
No pension/No RRSP†
35.7
43.1
21.2
100.0
No pension/Yes RRSP
55.0*
31.0*
14.0*
100.0
Yes pension/No RRSP
69.4*
24.7*
5.9*
100.0
Yes Pension/Yes RRSP
76.5*
19.1*
4.5*
100.0
Inconsistent answers 1
58.3*
30.7*
11.0*
100.0
Personal income
Less than $20,000†
41.6
40.6
17.7
100.0
$20,000 to $39,999
53.4*
33.7*
12.9*
100.0
$40,000 to $59,999
66.8*
26.0*
7.2*
100.0
$60,000 to $79,999
71.9*
21.1*
7.0*
100.0
$80,000 or more
76.4*
16.1*
7.5*
100.0
Not stated
49.6*
36.4
14.0
100.0
Household income
Less than $40,000†
44.2
39.9
15.9
100.0
$40,000 to $59,999
52.1*
35.7
12.1
100.0
$60,000 to $79,999
67.4*
24.6*
8.0*
100.0
$80,000 to $99,999
64.6*
25.6*
9.9*
100.0
$100,000 or more
75.1*
17.2*
7.6*
100.0
Not stated
50.5*
37.0
12.5
100.0
Housing tenure
Rented†
48.1
35.6
16.3
100.0
Owned with mortgage
61.8*
28.7*
9.5*
100.0
Owned without mortgage
67.3*
23.5*
9.3*
100.0
† Reference group.
* Statistically significant difference from reference group at p < 0.05.
1. About 10% of respondents provided inconsistent answers to the two questions about pension coverage and are treated as a separate category.
Source: Statistics Canada, General Social Survey, 2007.