Media Advisory - 2017 National Financial Planning Week
November 16 2017 - 10:01AM
PR Newswire (Canada)
Making Other Plans – 2017 Edition for British
Columbia Media
VANCOUVER, Nov. 16, 2017 /CNW/ -
Financial tips & facts from RBC Financial
Planning
WHICH… financial goals are top of mind for consumers in
British Columbia?*
- Saving for retirement – 49% (matching 52%
nationally)
- Saving for a rainy day – 52% (vs. 49% nationally)
- Reducing or eliminating debt – 37% (vs. 42%
nationally)
WHO… can financial planning help in British Columbia?*
- 69% who worry about saving now vs. saving for the future
(vs. 76% nationally)
- 52% who have only thought "a little" about how to be
financially prepared for unexpected life events (matching 52%
nationally)
- 56% who don't yet have a financial plan (matching 56%
nationally)
- 52% of business owners who have not yet planned what
they would do if they aren't able to run their business as long as
they want to (vs. 51% nationally)
- 43% who worry if they'll have enough savings for
retirement (vs. 46% nationally)
- 30% who haven't yet started saving for retirement (vs.
29% nationally)
*
British Columbians aged 18 and over – from RBC 2017 Financial
Independence in Retirement Poll
|
WHAT… are the 3 top tips RBC Financial Planning has for
consumers in British Columbia to
help them manage their finances?
- Have a formal financial plan that you review regularly
as your life changes, to help you stay on track to reach your
goals.
- Prioritize your debt payments by reducing your high
interest debts as much and as quickly as you can.
- Pay yourself first – a simple but very effective
approach to saving, particularly when you set up automatic
savings.
WHO… can media talk to about financial planning advice for
consumers in British
Columbia?
- Dawn Tam, Regional Financial
Planning Consultant, RBC – Vancouver,
BC
WHERE…can media in British
Columbia find more information?
- Please contact Kathy Bevan, RBC
Corporate Communications
kathy.bevan@rbc.com or 416-974-8820
SOURCE RBC Royal Bank
Copyright 2017 Canada NewsWire
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