{"id":430837,"date":"2026-02-17T18:38:07","date_gmt":"2026-02-17T18:38:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/430837\/"},"modified":"2026-02-17T18:38:07","modified_gmt":"2026-02-17T18:38:07","slug":"most-canadians-say-inflation-negatively-impacting-retirement-plans-bmo-survey","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/430837\/","title":{"rendered":"Most Canadians say inflation negatively impacting retirement plans: BMO survey"},"content":{"rendered":"

Retirement plans taking a hit<\/p>\n

The Canadian Press – Feb 17, 2026 \/ 6:11 am | Story: 599492<\/p>\n

\"A<\/p>\n

Photo: The Canadian Press<\/p>\n

A magnifying glass enlarges the holographic image of Parliament Hill’s Peace Tower on a 20 dollar bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. \u00a0<\/p>\n

A new survey from BMO finds the majority of Canadians say the rising cost of living is affecting their retirement plans.<\/p>\n

Seventy-four per cent of respondents say inflation has raised concerns about whether they will have enough money to fund their retirement.<\/p>\n

Meanwhile, 66 per cent say inflation is already impacting their ability to save and invest for their golden years.<\/p>\n

The survey also finds that 30 per cent of respondents say they do not know how long their money will last in retirement before it runs out.<\/p>\n

Brent Joyce, chief investment strategist at BMO Private Wealth, says that while inflation is a threat to retirement savings, the key is to stay invested and include inflation assumptions in financial plans.<\/p>\n

The survey was conducted by Pollara Strategic Insights with an online sample of 1,500 Canadians between Nov. 4 and Nov. 10 last year.<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Retirement plans taking a hit The Canadian Press – Feb 17, 2026 \/ 6:11 am | Story: 599492…\n","protected":false},"author":2,"featured_media":430838,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-430837","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/430837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=430837"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/430837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/430838"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=430837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=430837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=430837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}