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Table 1
Families with financial assets
| With RRSP | With EPP | With RRSP and/or EPP | ||||
|---|---|---|---|---|---|---|
| % | $ (median)1 | % | $ (median)1 | % | $ (median)1 | |
| All families | 60 | 25,000 | 50* | 65,400* | 74* | 65,800* |
| Age of major income recipient (MIR) | ||||||
| 25 to 44 | 56(*) | 15,000(*) | 44*(*) | 18,900(*) | 69*(*) | 29,800*(*) |
| 45 to 54 (ref) | 68 | 40,000 | 54* | 116,500* | 79* | 137,800* |
| 55 to 64 | 65 | 55,000 | 58 | 227,100*(*) | 81* | 244,800*(*) |
| 65 to 69 | 47(*) | 37,000 | 58 | 213,400*(*) | 71* | 215,600E* |
| Sex of MIR | ||||||
| Male (ref) | 63 | 30,000 | 53* | 70,000* | 77* | 84,900* |
| Female | 55(*) | 20,000(*) | 45*(*) | 54,100* | 68*(*) | 50,000*(*) |
| After-tax family income | ||||||
| Less than $36,500 | 35(*) | 10,000E(*) | 25*(*) | 28,800E*(*) | 48*(*) | 16,300E(*) |
| $36,500 to $58,999 | 65(*) | 20,000(*) | 59*(*) | 52,900* | 83*(*) | 54,500*(*) |
| $59,000 to $84,999 (ref) | 81 | 28,500 | 70* | 64,000* | 94* | 75,800* |
| $85,000 and over | 89(*) | 80,000(*) | 77*(*) | 162,400*(*) | 97*(*) | 224,100*(*) |
| Education of MIR | ||||||
| Less than high school | 33(*) | 17,000E(*) | 31(*) | 96,800E* | 50*(*) | F |
| Graduated high school | 58(*) | 20,000(*) | 47*(*) | 61,500* | 73*(*) | 50,000*(*) |
| Non-university postsecondary certificate | 64(*) | 25,000 | 55* | 56,800* | 78* | 65,000* |
| University degree (ref) | 73 | 30,000 | 59* | 79,600E* | 82* | 102,800E* |
| Net worth quintile | ||||||
| Bottom | 19(*) | F | 23(*) | 12,100E*(*) | 35*(*) | 4,000E(*) |
| Second | 46(*) | 6,000E(*) | 39*(*) | 18,400E*(*) | 61*(*) | 12,600*(*) |
| Middle (ref) | 64 | 15,000 | 58* | 54,900* | 83* | 33,000* |
| Fourth | 81(*) | 35,000(*) | 70*(*) | 95,500*(*) | 92*(*) | 100,000*(*) |
| Top | 87(*) | 111,100(*) | 59* | 190,000*(*) | 92*(*) | 250,000*(*) |
|
* significantly different from 'with RRSP' at the .05 level (*) significantly different from the reference group (ref) 1. For those with holdings. Source: Statistics Canada, Survey of Financial Security, 2005. |
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