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TheStreet Open House

Canadians Expecting To Be Retired At Age 66 Declines By Almost 50 Per Cent In Five Years

In terms of their investments, interest rates are on the minds of Canadians. Twice as many Canadians (25 per cent) want the interest rate go up in 2013, compared with the number who want to see it decline (13 per cent). There are also differences in age groups. Thirty one per cent of early boomers (age 57 to 65) want to see the interest rate rise compared to 24 per cent of Gen Xers (age 30 to 46) and late boomers (age 47 to 56).

For more key findings and results on the 2013 Canadian Unretirement TM Index, visit www.sunlife.ca/unretirementindex. For more information on retirement, visit Brighterlife.ca.

Canadians can calculate their own personal Unretirement TM Index score, which measures their outlook on retirement, at www.sunlife.ca/unretirementindextool.

Methodology 

These are some of the findings of an Ipsos Reid poll conducted between November 29 and December 6, 2012, on behalf of Sun Life Financial.

For this survey, Ipsos Reid conducted online interviews with a sample of 3,017 working Canadians from 30 to 65 years of age from Ipsos' online panel. Weighting was then employed to balance demographics to ensure that the sample's composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe.

The precision of Ipsos online surveys is measured using a credibility interval. In this case, the survey is accurate to within + / - 2 percentage points had all Canadian adults been polled. All sample surveys and polls may be subject to other sources of error, including, but not limited to methodological change, coverage error and measurement error.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Vietnam and Bermuda. As of December 31, 2012, the Sun Life Financial group of companies had total assets under management of $533 billion. For more information please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to Editors: All figures in Canadian dollars.

SOURCE Sun Life Financial Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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