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	<title>Comments on: Retirement Planing-Canadians more confident than Americans</title>
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	<description>Personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth</description>
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		<title>By: Your Retirement Could Be at Risk</title>
		<link>http://financialhighway.com/retirement-planing-canadians-more-confident-than-americans/#comment-4010</link>
		<dc:creator>Your Retirement Could Be at Risk</dc:creator>
		<pubDate>Thu, 17 Jun 2010 11:44:32 +0000</pubDate>
		<guid isPermaLink="false">http://financialhighway.com/?p=267#comment-4010</guid>
		<description>[...] want to subscribe to the RSS feed for updates on this topic.Many of us want to enjoy a comfortable retirement. We think about what we can do, and we save up, doing our best to build up our nest eggs so that we [...]</description>
		<content:encoded><![CDATA[<p>[...] want to subscribe to the RSS feed for updates on this topic.Many of us want to enjoy a comfortable retirement. We think about what we can do, and we save up, doing our best to build up our nest eggs so that we [...]</p>
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		<title>By: Carol-Ann Lamothe</title>
		<link>http://financialhighway.com/retirement-planing-canadians-more-confident-than-americans/#comment-856</link>
		<dc:creator>Carol-Ann Lamothe</dc:creator>
		<pubDate>Sun, 02 Aug 2009 22:36:21 +0000</pubDate>
		<guid isPermaLink="false">http://financialhighway.com/?p=267#comment-856</guid>
		<description>I have mixed feelings about our health care system having had a bad experience of abuse of the system in my younger years, however, our system does not bankrupt people who most require it at at a certain point in our lives. So I am thumbs up on the Canadian way.</description>
		<content:encoded><![CDATA[<p>I have mixed feelings about our health care system having had a bad experience of abuse of the system in my younger years, however, our system does not bankrupt people who most require it at at a certain point in our lives. So I am thumbs up on the Canadian way.</p>
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		<title>By: Ray</title>
		<link>http://financialhighway.com/retirement-planing-canadians-more-confident-than-americans/#comment-34</link>
		<dc:creator>Ray</dc:creator>
		<pubDate>Thu, 05 Mar 2009 17:40:13 +0000</pubDate>
		<guid isPermaLink="false">http://financialhighway.com/?p=267#comment-34</guid>
		<description>Gates VP: 
I agree with your assessment of implied social contract, the gap between the rich and the poor continues to widen in the US at a much faster rate than in Canada. 

I think a lot of Canadians complain about the health care system we have, although I agree it is not a great system but compared to the US we have a great health care system. Yes we pay indirectly for the health care but there is coverage Canadians can depend on and no major need for insurance. 

I think there is a lot of room for improvement in the Canadian health care system, but I am glad we have what we have. Specially after watching Sicko I have become a lot of appreciative of the system.</description>
		<content:encoded><![CDATA[<p>Gates VP:<br />
I agree with your assessment of implied social contract, the gap between the rich and the poor continues to widen in the US at a much faster rate than in Canada. </p>
<p>I think a lot of Canadians complain about the health care system we have, although I agree it is not a great system but compared to the US we have a great health care system. Yes we pay indirectly for the health care but there is coverage Canadians can depend on and no major need for insurance. </p>
<p>I think there is a lot of room for improvement in the Canadian health care system, but I am glad we have what we have. Specially after watching Sicko I have become a lot of appreciative of the system.</p>
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		<title>By: Gates VP</title>
		<link>http://financialhighway.com/retirement-planing-canadians-more-confident-than-americans/#comment-32</link>
		<dc:creator>Gates VP</dc:creator>
		<pubDate>Thu, 05 Mar 2009 06:28:57 +0000</pubDate>
		<guid isPermaLink="false">http://financialhighway.com/?p=267#comment-32</guid>
		<description>OK, the Canadian system is definitely in better overall shape than the US system. There are lots of fundamental reasons for this: trade surplus, excess of natural resources, high quality of living for basically everyone.

There&#039;s an implied social contract in most Canadian governmental programs. If you want to perform useful labor for 35+ hours / week (or to the best of your capacities) you will be able to live a healthy lifestyle.

As a Canadian living in the US, I can tell you that no such social contract exists here.  This is most evident in the general lack of health care.

From a retirement standpoint, health care is a very big deal.  I know that &quot;free&quot; Canadian health care is not without its costs (taxation, drug costs, medical supplies, etc), however US health care is ridiculously expensive.  My wife and I spend $120 / month just to be insured, but my company pays the other 90% of the cost.

That&#039;s $1200 / month, just to be insured.  That doesn&#039;t include the costs not covered by insurance which can easily suck up hundreds / year.

Now half of the US population don&#039;t have any health care coverage.  The burden on these people is in the ranges of thousands / year just to be insured (let alone to actually receive care).

The average American is going to be significantly less confident &lt;i&gt;if only&lt;/i&gt; for the looming burden of health care costs.</description>
		<content:encoded><![CDATA[<p>OK, the Canadian system is definitely in better overall shape than the US system. There are lots of fundamental reasons for this: trade surplus, excess of natural resources, high quality of living for basically everyone.</p>
<p>There&#8217;s an implied social contract in most Canadian governmental programs. If you want to perform useful labor for 35+ hours / week (or to the best of your capacities) you will be able to live a healthy lifestyle.</p>
<p>As a Canadian living in the US, I can tell you that no such social contract exists here.  This is most evident in the general lack of health care.</p>
<p>From a retirement standpoint, health care is a very big deal.  I know that &#8220;free&#8221; Canadian health care is not without its costs (taxation, drug costs, medical supplies, etc), however US health care is ridiculously expensive.  My wife and I spend $120 / month just to be insured, but my company pays the other 90% of the cost.</p>
<p>That&#8217;s $1200 / month, just to be insured.  That doesn&#8217;t include the costs not covered by insurance which can easily suck up hundreds / year.</p>
<p>Now half of the US population don&#8217;t have any health care coverage.  The burden on these people is in the ranges of thousands / year just to be insured (let alone to actually receive care).</p>
<p>The average American is going to be significantly less confident <i>if only</i> for the looming burden of health care costs.</p>
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		<title>By: QuickTax Winners, Book Giveaway, and Weekend Links &#124; Income Trust &#124; Personal Finance &#124; Real Estate SEO</title>
		<link>http://financialhighway.com/retirement-planing-canadians-more-confident-than-americans/#comment-20</link>
		<dc:creator>QuickTax Winners, Book Giveaway, and Weekend Links &#124; Income Trust &#124; Personal Finance &#124; Real Estate SEO</dc:creator>
		<pubDate>Fri, 27 Feb 2009 12:28:21 +0000</pubDate>
		<guid isPermaLink="false">http://financialhighway.com/?p=267#comment-20</guid>
		<description>[...] Financial Highway says that retirement planning Canadians are more confident than Americans. [...]</description>
		<content:encoded><![CDATA[<p>[...] Financial Highway says that retirement planning Canadians are more confident than Americans. [...]</p>
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