Living to 100? BMO Report Outlines What You Need To Know

Marketwired – July 28, 2014

– By 2061, there will be more than 78 thousand centenarians living in Canada

– Greatest concern among Canadians when thinking about living to 100 is losing their mental abilities

– Three-quarters feel that health/medical costs will have the biggest financial impact on their senior years

– Canadians expect to spend an average of $5,391 a year on out-of-pocket medical costs after the age of 65

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