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T. ROWE PRICE STUDY REVEALS NEARLY HALF OF CANADIANS ARE SAVING ALL THEY CAN TOWARD RETIREMENT, DESPITE MIXED ECONOMIC EXPECTATIONS AND INFLATION CONCERNS
T. Rowe Price, a global asset management firm and a leader in retirement, today announced the Canadian-specific findings from its first-ever Global Retirement Savers Study. The survey results revealed that nearly half of Canadian retirement savers (48%) are contributing as much as they can afford to their workplace retirement plans, though only 41% believe their contributions—together with their employer match—will be enough to ensure a comfortable retirement.
About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"Global Retirement Savers Study takes a deep dive into the behaviors and attitudes of Canadian savers","length":100,"tagName":"p"},{"type":"text","content":"BALTIMORE, Feb. 18, 2026 /PRNewswire/ -- T. Rowe Price, a global asset management firm and a leader in retirement, today announced the Canadian-specific findings from its first-ever Global Retirement Savers Study. The survey results revealed that nearly half of Canadian retirement savers (48%) are contributing as much as they can afford to their workplace retirement plans, though only 41% believe their contributions—together with their employer match—will be enough to ensure a comfortable retirement.","length":505,"tagName":"p"},{"type":"image","alt":"T. Rowe Price Logo (PRNewsfoto/T. Rowe Price Group)","displaySize":"","headline":null,"caption":"T. Rowe Price Logo (PRNewsfoto/T. Rowe Price Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":79,"url":"https://media.zenfs.com/en/cnwgroup.com/231b4f42a99131e5fdbe46497fc2e5bd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pZl8tdcp8nnzIajCT4ToBQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzOTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/231b4f42a99131e5fdbe46497fc2e5bd","width":400,"height":79}},"href":"https://mma.prnewswire.com/media/2595125/T_Rowe_Price_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Additional key findings include:","length":32,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Awareness of target date investments is low: While target date solutions capture most defined contribution plan contributions, only 16% of Canadian retirement savers indicate that they are invested in a target date fund, a professionally managed investment portfolio that shifts its asset allocation through time as an investor approaches and reaches retirement. The remainder do not believe they are invested in a target date investment (63%) or are not sure how they are invested (21%).","length":488,"tagName":"p"}]},{"val":[{"type":"text","content":"Retirement expectations shift with age: While most Canadians expect to retire by a certain age, that expectation is lower among savers aged 50 and older (34%), compared to 40% of those under 50. Meanwhile, the expectation of working in retirement is higher among savers 50 and older, with nearly 30% e...