A recent poll shows that close to half of Canadians doesn’t have an emergency savings fund, including the younger age groups.

A new survey from CIBC conducted by Leger Marketing finds that Canadian 50-somethings are now expected to work in their retirement years. The online study finds that 53% of those in their 50s are planning to work in their 60s, while most will work part-time to supplement their pension.

Nearly two-thirds say they have fallen short of their savings goal, and 45% noted they have less than $100,000 put away for their winter years. The survey did find that, on average, Canadians in their 50s plan to retire at the age of 63.

“The retirement landscape is shifting as the baby boomers reach traditional retirement age with a smaller nest egg than they expected to have,” says Christina Kramer, executive vice president of retail distribution and channel strategy for CIBC. “Many Canadians are now planning to draw on multiple sources of income, including employment, to fund their retirement, and that makes getting advice about how to manage your income, savings and investments even more important.”

Upon further analysis of the demographics, those in Atlantic Canada and Quebec said their scheduled age to retire at is 62. British Columbia and Alberta residents had the highest age of 64 years old.

Meanwhile, the provinces with the most number of people planning to work part-time in retirement are Manitoba (59%), Saskatchewan (59%), Alberta (57%) and Ontario (55%).

Once again, Atlantic Canada and Quebec had the lowest figures of people planning to work in retirement with 54% and 47%, respectively.

The online survey was conducted this summer with 805 pre-retired Canadians between 50 and 59 years of age. It contains a margin of error of +/- 3.45 percentage points.

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