Fewer Canadians are putting money into retirement plans, according to the Royal Bank's annual RRSP poll.The RB annual RRSP polls says 32 per cent of Canadians have not started saving for retirement yet, compared to 24 per cent in 2008. The study also found only 36 per cent say they are planning or have planned for retirement, down from 42 per cent in 2008.
The decline is sharpest among those aged 55 and over, with 53 per cent doing any retirement planning compared to 67 per cent last year.RBC also says just 35 per cent of Canadians have contributed to or plan to contribute to an RRSP for the 2009 tax year - the lowest percentage of contributors since 1996.
Here are some retirement resources to put retirement planning in perspective:
Health in Retirement
Fun Things to Do in Retirement
