Only 25% of households have an RRSP greater than
$ 100,000.
Less than 50% of Canadians who have an income
plan to contribute this year
The average contribution is about $ 3,500.
2 out of 3 do not contribute the maximum.
The average total for the long time contributors
is
approximately $ 60,000 in their RRSPs.
Only 18% of RRSP holders use their maximum
rule allowing them to invest up to 30% of their RRSP abroad.
The system has existed for more than 50 years,
since 1957!
More than 50% of Canadians over 65 have an RRSP.
It's good for them because on average, men
receive $ 501 monthly government pension, women $ 285. 47% of
the elderly are widowed. 23% live on incomes average $ 10,500!
Contribution by age (source: STC)