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Infographic: Canadians In The Dark About Annuities

 

ivon t hughes

July 8, 2016

 

by

Ivon T Hughes

 

 

The infographic below are some of the findings of an Ipsos poll conducted on behalf of RBC Insurance. For this survey, a sample of 1,000 Canadians aged 55 to 75 from Ipsos' Canadian online panel was interviewed online.

 

Click to enlarge

Canadians in the Dark About Annuities


Survey Results

 

94%
Canadians aged 55 to 75 would like to have guaranteed income for life when they retire

 

 

58%
Canadian retirees who are worried about outliving their retirement savings

 

 

35%
Canadian retirees are exploring or considering annuities as part of their retirement plans

 

 

61%
Canadian retirees are in the dark when it comes to what an annuity is and how it might help

 

 

 

 

 

 

About the Author:

Ivon T Hughes is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, licensed across Canada through The Hughes Trustco Group since 1972. Recently, he's been redefining how annuities are sold in Canada.

 

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