What's the Average Pension in Canada?

Whether you are nearing retirement age or just entering the workforce, retirement is something we all think about at some point during our lives. How much do you need to retire? How much is enough? What is the average pension? Well, how much the average person gets in a pension really depends on a few things. Will you have a company pension? Will you only receive CPP? How much CPP will you receive? Let’s take a look at both of these scenarios. Keep in mind, though, that these numbers don’t include any individual retirement savings, only government and private pension plans.