The financial worries keeping your clients awake at night

More than a third of Canadians surveyed say not having enough money actually keeps them awake at night, finds a poll by Leger for PC Financial.

More than half (54%) of the 1,578 people surveyed online believe that between $2,000 and six-months’ salary is an appropriate nest egg; but only 29% have this much in their personal savings, while 38% have less than $2,000.

Read: RESP incentive underutilized: CPA

The poll identified Canadians’ top money stressors as:

• buying and selling a home (51% and 47%, respectively);
• sticking to a budget (46%);
• getting and keeping finances in order (45%);
• saving money for needs (44%);
• talking to a spouse or partner about money (35%).

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.