The survey discovered simply over two-thirds (67.5%) of these people anticipated that their retirement revenue could be adequate or superior to their wants for comfortably sustaining their way of life in 2014.
In 2020, 81.6% of these people discovered they’d sufficient revenue in retirement to adequately pay their residing expenditures.
The optimism about predicted retirement revenue was depressed amongst individuals who recognized as being from a racialized group, had ever had a handicap, and had not less than a highschool diploma.
Two out of each 5 folks (40.4%) who determine as members of a racialized group didn’t anticipate that their retirement revenue could be adequate to take care of their pre-retirement stage of residing.
In the meantime, 56.0% of these on this class who had retired discovered that their retirement revenue was sufficient.
