Statistics Canada
www.statcan.gc.ca
Common menu bar links
Table A.6
Predicted probability of expected adequacy of retirement income, by informational resources of the near-retirees, Canada, 2007
| Expect retirement income to be… | |||
|---|---|---|---|
| Inadequate or very inadequate | Barely adequate | Adequate or more than adequate | |
| Percentage | |||
| Predicted probability of outcome | 6.2 |
19.4 |
74.4 |
| percentage points | |||
| Receive financial advice from any source | |||
| Difference associated with change in... | |||
| Yes | - 2.3% pts |
- 4.8% pts |
7.1% pts |
| No | rg |
rg |
rg |
| Receive financial advice from financial industry | |||
| Yes | - 1.6% pts |
- 3.6% pts |
5.2% pts |
| No | rg |
rg |
rg |
| Understand public retirement programs | |||
| Not at all | rg |
rg |
rg |
| Somewhat | - 1.9% pts |
- 4.2% pts |
6.1% pts |
| Very well | - 3.7% pts |
- 9.2% pts |
12.9% pts |
| Gathered retirement information | |||
| Yes | ns |
ns |
ns |
| No | rg |
rg |
rg |
| rg Reference group. | |||
| ns Not significant. | |||
| Note: Percentage point differences in this table are to be interpreted by comparing them to the reference group for each characteristic. For instance, it is predicted that those receiving financial advice from any source will be 2.3% points less likely than those not receiving financial advice to state that they expect their retirement income to be inadequate or very inadequate. | |||
| Source: Statistics Canada, General Social Survey 2007. | |||
