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Stock impact report

Canadians among most pessimistic as global survey signals rethink of retirement [Wealth Professional (Canada)]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Retirement is being redefined, with many savers, particularly in Canada, anticipating a longer working life as economic uncertainty weighs on confidence. T.Rowe Price's inaugural Global Retirement Savers Study, conducted over the summer among more than 7,000 workers in Canada, the United States, the United Kingdom, Australia and Japan, found that roughly one third of respondents expect to work at least part time during retirement. The findings reflect growing concern about inflation, market volatility and the ability to maintain living standards later in life. Canadian respondents emerged as some of the most pessimistic in the survey. More than half said they expect a recession within the next year, a level of concern second only to Japan. That outlook appears to be shaping retirement expectations, as fewer Canadians expressed confidence about their long-term financial security. Across all countries surveyed, only about 31% of savers believe they will be able to live as well or Show less Read more
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