{"id":8762,"date":"2015-06-03T06:41:16","date_gmt":"2015-06-03T11:41:16","guid":{"rendered":"http:\/\/olduvai.ca\/?p=8762"},"modified":"2015-06-03T06:41:16","modified_gmt":"2015-06-03T11:41:16","slug":"younger-workers-more-likely-to-see-less-income-in-retirement-cibc-says-average-person-born-in-80s-and-after-may-see-only-70-of-pre-retirement-income-economist-benjamin-tal-says","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=8762","title":{"rendered":"Younger workers more likely to see less income in retirement, CIBC says Average person born in ’80s and after may see only 70% of pre-retirement income, economist Benjamin Tal says"},"content":{"rendered":"
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Younger workers more likely to see less income in retirement, CIBC says<\/a><\/h3>\n<\/div>\n

Average person born in ’80s and after may see only 70% of pre-retirement income, economist Benjamin Tal says<\/strong><\/p>\n

Urgent attention needs to be given to what Canadians can expect to get in retirement income \u2014\u00a0something that’s become a real divide along generational lines, a prominent Canadian economist says.<\/p>\n

In a note to clients this week, Benjamin Tal at CIBC waded into the ongoing debate over Canada’s looming pension and retirement crisis.<\/p>\n

While falling well short of endorsing any of the myriad proposals out there to fix the problem, including\u00a0beefing up the Canada Pension Plan<\/a>,\u00a0encouraging more individual savings by expanding RRSPs and TFSAs<\/a>\u00a0or\u00a0something else<\/a>, Tal is unequivocal in his view that declining retirement income\u00a0is a problem needing a\u00a0solution \u2014 and soon.<\/p>\n