Half of Canadians aged 50 and older believe they will run out of retirement savings within the first 10 years after leaving work, according to a new study.

As the March 1 RRSP deadline looms, the poll for the Investor Education Fund revealed that 19% of respondents have no idea how much they have saved for retirement. One quarter, (24%), do not know how much they will need to draw from their savings and investments every year after retirement.

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