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Chart 2 Canadians tend to seek out information as they draw closer to retirement
This is a vertical bar chart that illustrates the percentage of Canadians who seek information as they draw closer to retirement.
The X axis is divided into four sections each containing a set of 4 bars, for a total of 16 bars. On the X axis from left to right, the four sections are typically receive financial advice from any source, typically receive financial advice from financial industry, understand public retirement income programs somewhat or very well, and gathered retirement information in past 5 years. There is a note stating that the section gathered retirement information in past 5 years only includes persons who stated a planned age of retirement. Each section has 4 bars, the first bar in each section representing near-retirees who are 15 or more years from planned retirement, the second bar in each section representing those who are 10 to 14 years from planned retirement, the third bar in each section representing those who are 5 to 9 years from planned retirement, and the fourth bar in each section representing near-retirees who are less than 5 years from planned retirement.
The percentage of near-retirees 15 or more years from planned retirement who typically receive financial advice from any source is 67.
The percentage of near-retirees 10 to 14 years from planned retirement who typically receive financial advice from any source is 73.
The percentage of near-retirees 5 to 9 years from planned retirement who typically receive financial advice from any source is 78.
The percentage of near-retirees less than 5 years from planned retirement who typically receive financial advice from any source is 83.
The percentage of near-retirees 15 or more years from planned retirement who typically receive financial advice from the financial industry is 46.
The percentage of near-retirees 10 to 14 years from planned retirement who typically receive financial advice from the financial industry is 52.
The percentage of near-retirees 5 to 9 years from planned retirement who typically receive financial advice from the financial industry is 55.
The percentage of near-retirees less than 5 years from planned retirement who typically receive financial advice from the financial industry is 56.
The percentage of near-retirees 15 or more years from planned retirement who understand public retirement income programs somewhat or very well is 70.
The percentage of near-retirees 10 to 14 years from planned retirement who understand public retirement income programs somewhat or very well is 77.
The percentage of near-retirees 5 to 9 years from planned retirement who understand public retirement income programs somewhat or very well is 80.
The percentage of near-retirees less than 5 years from planned retirement who understand public retirement income programs somewhat or very well is 83.
The percentage of near-retirees 15 or more years from planned retirement who gathered retirement information in past 5 years is 35.
The percentage of near-retirees 10 to 14 years from planned retirement who gathered retirement information in past 5 years is 40.
The percentage of near-retirees 5 to 9 years from planned retirement who gathered retirement information in past 5 years is 47.
The percentage of near-retirees less than 5 years from planned retirement who gathered retirement information in past 5 years is 64.
The source of this chart is Statistics Canada, General Social Survey, 2007.
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