SURVEY SAYS CANADIANS SEE MEDICAL EXPENSES AS THEIR MAJOR EXPENSE IN OLDER ZOOMER YEARS.

Jul 28, 2014

By Bob Sheppard

Share on

A poll taken by the Bank of Montreal says Canadians fear  medical costs will be their biggest financial burden as they become older Zoomers.

 According to the bank’s report, titled, “Living to 100: The Four Keys to Longevity” those polled think they will have to spend on average, over 53-hundred dollars every year in out-of-pocket medical expenses after they reach the age of 65.

74 percent believe it will be their biggest expense in their years as older Zoomers.

They believe their second biggest expense will be for food, clothing and other day-to-day essentials.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: