5 Levels of Canadian Retirement Savings in 2025, How Do You Compare?

In this episode, Carlo Cansino and John Iaconetti break down the 5 levels of Canadian retirement savings in 2025, helping you understand how their savings compare, and what each level means for retirement lifestyle, flexibility, and day-to-day living. They explain each stage, from those relying mostly on CPP and OAS, to Canadians with full financial independence, highlighting income realities, trade-offs, and planning considerations at every level. You’ll see why uncertainty around savings can make retirement stressful, and how even small changes now can improve your future options. Finally they introduce the "Advancement Framework", a step-by-step approach to help Canadians move from one level to the next through consistent saving, smart use of accounts, and regular plan adjustments. The takeaway: wherever you are today, you can take steps to improve your retirement situation. Question for our listeners: Which retirement savings level do you think you’re in today and what would moving up one level mean for your retirement lifestyle? If you’d like help understanding your current level and planning practical steps for the future, please schedule a meeting here: Schedule your meeting. Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/