British Columbians, including those with mortgages, expect to be out of debt by age 56, according to a survey by Nielsen for CIBC.
That’s later than the national average of 53 but it’s an improvement on 2011 results when B.C. residents expected to be buried under debt until age 58.
Just 16 per cent of respondents in the survey reported having sought professional advice on plans to retire their debt.
The survey flies in the ...
