Canadians Say They Need Average Savings of Over $846K to be Financially Independent: Poll

Canadians Say They Need Average Savings of Over $846K to be Financially Independent: Poll
Canadians believe they need an average of $846,000 saved up in order to be financially independent, according to a recent survey. fizkes/Shutterstock
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Canadians believe they can achieve financial independence with average savings of $846,000, according to a recent poll, though almost half are worried about market volatility.

The annual RBC Financial Independence Poll, conducted by Ipsos, found that the amount of savings needed varied across the country.