Are you feeling anxious about your retirement savings? You certainly aren’t alone. As the old saying goes, “People don’t plan to fail, they simply fail to plan.” When getting ready for retirement, losing sight of your target—or never having one to begin with—is an incredibly easy trap to fall into.

Let’s look at recent numbers. According to the 2025 CPP Investments Retirement Survey¹, 59% of Canadians actively worry they will outlive their savings. And a recent Manulife report² highlights that 48% of Canadians are behind schedule on building their nest egg. Without a clear target to aim for, it’s no wonder so many fall short.