The FP Canada Money & Milestones Survey reveals a powerful truth: Canadians are confident in their ability to reach life’s most important milestones—even in the face of financial uncertainty.
From retirement and travel to homeownership and education, Canadians are actively saving for the future. But they’re also navigating real challenges. According to the survey, 41% of Canadians say they don’t have enough money left after covering essential expenses to save.
Most Canadians (68%) feel confident they’ll afford their life milestones, and the majority (52%) are also actively saving, with long-term savings and RRSPs among the top tools.
Top milestones Canadians are saving for:
Approximately half (51%) of Canadians say they are putting off at least one milestone due to financial concerns.
Top barriers include the following:
Canadians who work with a financial professional—such as a Certified Financial Planner® professional or Qualified Associate Financial Planner™ professional—are significantly more confident about reaching their milestones:
Getting trusted advice from a CFP professional or QAFP professional can help you build confidence, establish control, and ensure you’re on the path to achieving your financial goals.
Find Your Financial PlannerLearn to save effectively and progress toward your life milestones.
Understand the survey results at a glance by downloading our infographic.
Dive into articles written by professional financial planners on achieving your goals.
The Money & Milestones survey was conducted for FP Canada by Leger. The survey was completed between August 15 and August 18, 2025, using Leger’s online panel, receiving 1,512 Canadian respondents nationwide.
Browse our collection of articles by CFP professionals and QAFP professionals for more tips and insights on a wide range of financial topics.
These articles are a good place to start:
Investing is an important tool that can help you achieve your financial goals by growing your wealth over time. A holistic financial plan coupled with professional financial advice can act as a solid foundation for those getting started.
Investing is the act of buying an asset in order to sell it for a higher amount later. The goal is to grow your wealth over time. Common examples of investments include stocks, bonds, mutual funds, exchange-traded funds (ETFs), real estate, and businesses, among others.
Investing can be complex and emotional, but it’s an important tool that can help you secure your financial future. Growing your money over time can assist you in achieving major financial goals, such as purchasing a home or affording your lifestyle in retirement.
As previous mentioned, there are various types of investments—from investment products such as stocks, bonds, mutual funds, and ETFs, to real estate and beyond. When choosing the type of investment that’s right for you, it’s important to first understand your goals. Why do you want to invest your money, and what does success look life for you?
It’s also important to understand the risks associated with the investments you choose, and your overall risk tolerance. Investments come with some risk. These may be related to the nature of the investment, the market factors impacting it, volatility in the market, liquidity (or how easily you can turn your investment into cash), your ability to sell, your investment’s correlation to other investments you own (how closely they’re related to each other), and their impact on your taxes, among others.
What determines a good or appropriate investment will depend on your individual circumstances. A professional financial planner can help you weigh all the factors involved.
When you think about growing your money through investing, you should also be thinking about how to reduce taxes that can slow that growth. Certain investment accounts can help, such as a TFSA (tax free savings account) or RRSP (registered retirement savings plan). Here’s what to know about these accounts:
Understanding TFSAs
Understanding RRSPs
Check out these articles for some foundational personal finance tips.
Although investing fundamentals are important, fintech, or financial technology, can also be helpful. We’ve seen the rise of online client portals, self-directed investment platforms, robo advisors, AI assisted financial planning, and other technologies in the investment landscape in recent years.
Technology can help, but it’s still just a tool—not a replacement for professional financial advice. As is the case with any tool, if you use technology improperly, or if it’s not the right tool for the job, it can do more harm than good. Your best bet is to explore whether financial technology can make your journey to financial well-being easier with the help of a professional financial planner.
Investing wisely can provide you with greater financial security, and even replace your income when you stop working in retirement. One of the first steps is creating a holistic financial plan that includes your investing goals. This plan can provide you with a roadmap to help you achieve financial well-being.
If you have questions about investing, a financial planner can help provide the answers you need to set yourself up for success. To find a CFP® professional or QAFP® professional who can help you build an investment strategy as part of a holistic financial plan, use the Find Your Planner tool.
Ryan Gubic, CFP, is the Founder and Personal CFO at MRG Wealth Management in Calgary, Alberta
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