Survey: Squeezed by inflation, nearly half of Canadians say theyre in a worse financial shape than they were in January 2024
Summary
Willfuls The Great Delay report reveals almost 3 in 4 (72%) Canadians have put off financial goals as economic pressures shift priorities TORONTO, Nov. 4, 2024 /PRNewswire-PRWeb/ -- New research from Canadas leading online estate planning platform Willful reveals Canadians are feeling strained by ongoing economic pressures, with nearly half (42%) of respondents saying theyre in a worse financial position than they were on January 1, 2024. The Great Delay report, which surveyed over 1,000 people across the country, explores how these economic factors have affected both everyday finances and long-term goals. Furthermore, a staggering 86% of survey respondents say theyre concerned about the impact of inflation on their financial goals, with 39% pressing pause on saving for the future. "At Willful, were committed to making future planning more accessible, so Canadians have peace of mind that their loved ones are protected — no matter what lies ahead." To get started, visit willful.co These are the findings of a survey conducted by Willful from September 27th – October 2nd, 2024 among a representative sample of 1,009 online respondents in Canada 18+ who are members of the Angus Reid Forum.