Table 4 Retirement preparation by family type

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	%
	Employed low-income	Not-employed low-income	Employed non-low-income
Financially preparing for retirement	52	24^*	85^*
Sources of revenue included in financial plan
Government pensions	81	86^*	82^*
Employer pensions	44	33^*	61^*
Registered Retirement Savings Plan (RRSP)	65	50^*	85^*
Sale of assets	31	33	35^*
Rely on family or inheritance	30	39^*	27^*
Earnings in retirement	53	50^*	52^*
Reason for not financially preparing for retirement¹
Can't afford to, don't earn enough, income too low	50	39^*	42^*
Don't have a job, haven't worked long enough	14	40^*	10^*
Too many debts, bills, financial commitments	8	7^*	11^*
Don't think about it, haven't got around to it	11	7^*	13^*
I'm young, lots of time	10	F	11
Level of confidence of income in retirement
Very confident	12	14^*	18^*
Fairly confident	38	28^*	53^*
Not very confident	33	31^*	22^*
Not at all confident	16	26^*	7^*
Know level of income needed in retirement	26	22^*	48^*
1. Other reasons not shown in this table for not planning for retirement include relying on government pension; relying on partner's pension; relying on future inheritance; relying on financial support from family; don't think I'll live that long; waiting to get a job with a pension plan; and other reasons. Data for these reasons are excluded from the table due to low cell count. * significant difference from the employed low-income (reference group) at the 5% level F too unreliable to be published Note: Results are age-standardized. Proportions for sources of revenue and reason not financially prepared may not add to 100% as responses are not mutually exclusive. Source: Statistics Canada, Canadian Financial Capability Survey, 2009.