Table 2
Registered retirement savings plan (RRSP) contributions by age group
| 2021 – Number of RRSP Contributors | 2022 – Number of RRSP Contributors | 2021 – Total RRSP Contributions (x$1,000) | 2022 – Total RRSP Contributions (x$1,000) | 2021 – Median RRSP Contribution | 2022 – Median RRSP Contribution | 2021 – Percentage of tax filers reporting RRSP contributions | 2022 – Percentage of tax filers reporting RRSP contributions | |
|---|---|---|---|---|---|---|---|---|
| Total | 6,297,570 | 6,268,950 | 56,137,560 | 54,217,110 | 3,890 | 3,910 | 22.4 | 21.7 |
| 0 to 24 years | 164,600 | 165,020 | 514,210 | 529,755 | 1,710 | 1,800 | 5.3 | 5.1 |
| 25 to 34 years | 1,150,620 | 1,161,310 | 6,749,185 | 6,797,450 | 2,950 | 3,000 | 24.5 | 23.5 |
| 35 to 44 years | 1,536,020 | 1,541,930 | 11,444,510 | 11,200,810 | 3,300 | 3,430 | 33.6 | 32.6 |
| 45 to 54 years | 1,552,220 | 1,542,200 | 14,424,890 | 13,773,135 | 4,200 | 4,220 | 37.1 | 36.4 |
| 55 to 64 years | 1,485,980 | 1,444,290 | 17,280,520 | 16,234,410 | 5,000 | 5,000 | 31.4 | 30.7 |
| 65 years and over | 408,130 | 414,190 | 5,724,245 | 5,681,550 | 5,000 | 5,000 | 6.0 | 5.8 |
Source(s):
Income and Financial Data of Individuals, Preliminary T1 Family File (4106), custom tabulation.
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