The Stats that Canadians Need to Pay Attention

Your Success Story Begins With a Plan

Did you know that over 50% of Canadians are living paycheck to paycheck, struggling to cover basic expenses like housing, groceries, and transportation? Or that nearly 32% of Canadians nearing retirement have no savings set aside, leaving their futures uncertain? Even more concerning, the average Registered Education Savings Plan (RESP) falls far short of covering the rising cost of post-secondary education, leaving countless children’s dreams underfunded.

These numbers highlight a stark reality: without a financial plan, many Canadians are unprepared for the challenges ahead. The lack of preparation isn’t just about missing financial goals—it’s about limiting opportunities, increasing stress, and leaving the future to chance.

Why a Plan Matters

Financial planning isn’t just for the wealthy—it’s for anyone who wants to take control of their future. Consider these statistics:

• Only 27% of Canadians have a written financial plan, despite research showing that those with plans are more confident and better prepared for financial setbacks.
• The average Canadian will need $1 million or more to retire comfortably, yet many fall significantly short of this target.
• 50% of Canadian parents feel unprepared to fund their child’s education, despite tuition costs continuing to rise.

A clear financial plan bridges these gaps, turning uncertainty into security. It helps you identify opportunities to grow wealth, eliminate debt, and protect your family’s future.

The Cost of Inaction

Without a financial strategy, the risks compound over time:

• Living paycheck to paycheck makes it harder to save for the future, leaving little room for emergencies or investments.
• A lack of retirement savings could mean relying solely on government benefits, which may not cover even basic living expenses.
• Underfunded education plans can force families to take on significant debt or limit opportunities for children’s futures.

The good news? These challenges are avoidable—with the right plan.

Start Building Your Future Today

Imagine what’s possible when you’re financially prepared:

• Sending your kids to school without the burden of student loans.
• Retiring comfortably with peace of mind.
• Having the freedom to enjoy life without worrying about money.

Every decision you make today has the potential to create a legacy of wealth, stability, and opportunity for those you love. Don’t leave your financial future to chance.