Financial anxiety isn’t unique to any specific area or country. According to a 2025 survey by CPP Investments, approximately 6 out of 10 (59%) Canadians fear they will outlive their savings — and that fear is sharpest among those aged 55 to 59, exactly when retirement is close enough to feel real (1).
Financial expert Suze Orman addressed this anxiety in a recent blog post — and it relates to Canadians as much as her U.S.-based audience (2). And the numbers north of the border are sobering.
A survey released by the Healthcare of Ontario Pension Plan (HOOPP) found that 36% of Canadians have no savings or under $5,000 worth of savings (3). That startling shortfall lies in the shadow of other reports that suggest Canadians believe they need an average of $1.42 million to retire comfortably (4) — a figure that’s risen by about $500,000 from similar reports released in 2005.
Link: https://ca.finance.yahoo.com/news/suze-orman-surprisingly-simple-fix-101000836.html