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Canadians’ preferred resources of economic advice

It’s important not just to understand where Canadians search for monetary advice, but additionally the subject matter and dilemmas they truly are searching for suggestions about. In past times year, about 41percent of Canadians desired advice on a particular topic area or monetary product, including: basic economic preparation (24%), your retirement planning (19%), insurance coverage (12%), and taxation planning (11%). Less frequent forms of monetary advice included estate planning (7%) and planning children’s training (6%). That is most most most likely due at the very least in component to your undeniable fact that these subjects are far more highly relevant to certain life phases.

Desire for economic advice follows life that is distinct. As an example, advice associated with your your retirement planning is of high interest to Canadians of all many years up to age 65 but then falls down dramatically. (more…)