Women less prepared for retirement

Canadian women are less prepared for retirement than men, a survey finds.

The 25th Annual RBC RRSP Poll finds 75% of women don’t have a retirement savings goal compared with 62% of men.

Two-thirds (67%) haven’t done any retirement planning compared with 55% of men, and 60% don’t have a financial plan versus 54% of men.

Read: Women lag behind men in retirement savings

Also, 39% of women don’t have an RRSP compared with 31% of men, while 44% of women don’t have a company pension plan versus 38% of men.

The survey also finds 30% of all respondents haven’t yet started saving for retirement.

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