Canadians are living longer

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Living Longer is a Fact of Life

Compared to previous generations, both male and female Canadians can expect to live longer, healthier lives – extending the timeframe of their retirement.

What’s the Bottom Line?

Planning for retirement income to last well into your 90s is a necessity. Savings must continue to grow and individuals need to be prepared to support their lifestyles for 25 years or more.

Probability of a 65–Year–Old in Good Health Living To:

* One spouse of the couple. Source: Annuity 2000 Mortality Table, Society of Actuaries