BS fool.
The median income of Canadians is less than $30K/yr. You could save maybe 15% of this income which would add up to just about sweet fuk all to retire on.
The stupidity of you and most Canadians, after having bought into elitist lies is to consider increases income as linear. $60K is not double the income of $30K.
For one, the only 'income' that counts is that which sticks to you, your disposable income. It increases exponentially on earnings greater than $30K. In other words someone earning $30K might save $3K, someone earning twice as much could save $18k - an increase of 900%. It would be interesting to discuss gov'ts silence on this issue, given it's penchant for awarding outrageous incomes to it's own employees and State sanctioned professional monopolies with highly restrictive barriers to entry. Did you know Doctors, Dentists and Vets make up about 14% of the "1%." And yet you'll never hear gov't and all too rare the media, talk about the huge social and non-monetary benefits that acrrue to it's employees. Further these benefits are never an issue during wage negotiations, the implications of having a super income apparently result in meaningless social benefits.
Such foppery. Yet our state sanctioned labour monopolies demand wage increases on their super incomes yet they haven't become more efficient (Doctors still use pen and paper! to maintain intellectual monopolies). Why do they feel they deserve more and GET IT. Such insanity.
