Canadians In The Dark About Annuities

Figure 1. Infographic: Canadians In The Dark About Annuities

Ipsos Poll Survey Results

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.

  • 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.

Phil Barker

About the Author

Phil Barker

Phil Barker is a leading expert on life annuities in Canada. has different financial products and has been a recognized authority since 1972.

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