A 40-year retirement takes better planning
Retiree revelations, generational insight, and trends to help guide today’s workforce from Manulife’s annual survey. The report builds on our commitment to longevity preparedness and launch of the Longevity Institute, a global platform helping people live longer, healthier, and more financially secure lives.
What workers and retirees are saying
We asked, and Canadian workers and retirees responded candidly about their financial situations and their ability to fund and enjoy longer lives.
“Don’t get caught up in the same story we all tend to tell ourselves: I have time.”
—Retiree, age 77
It came earlier than I thought it would—you can’t always bank on things going according to plan.”
—Retiree, age 64
“I want to be able to take vacations and see the world with my partner.”
—Gen Zer, age 20
The challenges they’re facing
Understanding member experiences and where each generation is on their financial journey allows you to provide more effective support, tailored to their unique needs.
59
is the average retirement age in Canada
48%
are behind schedule on retirement savings
59%
of millennials say their employer influences their financial decisions
Prepare workers to hit the big 100 and beyond
Dive deeper into our findings to help you create aha moments that inspire today’s multigenerational workforce to save today for a potential 40-year retirement.
Hear from our specialists
Join us as we explore each generation’s results and get tips to help you motivate them to boost their financial resilience and plan for their longevity.
How can we make a longer retirement better?
Longevity is about balancing health and wealth to help make those extra years better. The implications are shifting the way we think about retirement.