OAW: BMO Survey says Canadians expect to need $1.7 million in order to retire
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OAW: BMO Survey says Canadians expect to need $1.7 million in order to retire
A new survey put out out by BMO says Canadians expect to need $1.7M in savings in order to live comfortably once they retire.
Janet Gray, Advice-Only Certified Financial Planner with Money Coaches Canada tells Patricia Boal the number in the survey may be discouraging to some but retirement is different for every person as everyone's expectations of life after retirement and their savings reality is different.