A new cross-border study reveals that Canadians have greater confidence and optimism regarding their ability to plan for retirement than do Americans.
The November survey, conducted by Leger Marketing on behalf of BMO Financial Group (Toronto, Ont.), polled of 1,520 Canadians and 1,032 Americans 18 years of age or older.
The survey finds that almost 60% of Canadians are confident in their ability to save for their “ideal retirement lifestyle.” By contrast, less than 40% Americans feel the same way.