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Feb. 20, 2014 | Cody Stuart
In Homes We Trust
With housing prices on the rise in most Canadian cities, nearly a quarter of Canadians plan to use their homes as their primary source of income after they leave the workforce, according to the 2014 Sun Life Canadian Unretirement Index. This survey also revealed 17 per cent do not know if their investment in their home will serve as their primary source of income during retirement.
At the same time, 28 per cent of Canadians expect to be retired at 66. Twice that many (56 per cent) are expecting to work past the traditional retirement age, with 65 per cent citing that they will need to.
At the same time, 28 per cent of Canadians expect to be retired at 66. Twice that many (56 per cent) are expecting to work past the traditional retirement age, with 65 per cent citing that they will need to.