 |
Retirement savings through RRSPs and RPPs
| 2001 |
| Income |
Taxfilers1 who save |
Average savings2 |
Share of savings in RRSP2 |
Share of savings in RPP2 |
Share of income3 saved
|
| $000's |
000's |
$ |
% |
% |
% |
| Men – Under $10,000 |
47 |
1,612 |
41.2 |
58.8 |
29.2 |
| $10,000-$19,999 |
188 |
1,825 |
77.3 |
22.7 |
11.6 |
| $20,000-$29,999 |
434 |
2,442 |
70.6 |
29.4 |
9.5 |
| $30,000-$39,999 |
714 |
3,480 |
59.6 |
40.4 |
9.9 |
| $40,000-$59,999 |
1396 |
5,857 |
49.0 |
51.0 |
11.9 |
| $60,000-$79,999 |
803 |
9,190 |
45.7 |
54.3 |
13.4 |
| $80,000 and over |
743 |
13,017 |
59.3 |
40.7 |
8.3 |
| Total |
4,325 |
6,750 |
53.6 |
46.4 |
10.5 |
| Women – Under $10,000 |
123 |
1,167 |
50.3 |
49.7 |
20.3 |
| $10,000-$19,999 |
438 |
1,594 |
71.7 |
28.3 |
10.1 |
| $20,000-$29,999 |
769 |
2,545 |
56.6 |
43.4 |
10.0 |
| $30,000-$39,999 |
841 |
3,968 |
49.3 |
50.7 |
11.4 |
| $40,000-$59,999 |
962 |
6,524 |
44.5 |
55.5 |
13.5 |
| $60,000-$79,999 |
346 |
9,904 |
43.9 |
56.1 |
14.6 |
| $80,000 and over |
199 |
12,846 |
63.0 |
37.0 |
9.7 |
| Total |
3,677 |
5,002 |
50.2 |
49.8 |
12.0 |
| Both sexes – Under $10,000 |
170 |
1,290 |
47.2 |
52.8 |
22.7 |
| $10,000-$19,999 |
626 |
1,664 |
73.6 |
26.4 |
10.6 |
| $20,000-$29,999 |
1,202 |
2,507 |
61.5 |
38.5 |
9.9 |
| $30,000-$39,999 |
1,555 |
3,744 |
53.7 |
46.3 |
10.7 |
| $40,000-$59,999 |
2,358 |
6,130 |
47.0 |
53.0 |
12.5 |
| $60,000-$79,999 |
1,150 |
9,405 |
45.2 |
54.8 |
13.8 |
| $80,000 and over |
942 |
12,981 |
60.1 |
39.9 |
8.6 |
| Total |
8,003 |
5,947 |
52.3 |
47.7 |
11.0 |
| 1. Includes taxfilers aged 25 to 64 as of December
31, 2001. |
| 2. Savings refer to Registered
Retirement Savings Plan (RRSP) contributions and Pension Adjustment (PA)
as reported for the 2001 tax year. The PA is used to estimate retirement
savings through Registered Pension Plans(RPPs). |
| 3. Income as reported on line 150
of the income tax return. |
| Source: Statistics Canada,
Catalogue no. 74-507-XCB. |
| Last modified: 2004-09-01. |
To find more information related to this table, consult Definitions, data sources, and methods.
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