Two thirds of the province’s residents are “very worried” or “moderately worried” about their financial health.

Vancouver, BC [July 10, 2025] – Concerns about finances are extremely high across British Columbia, as most of the province’s residents admit that they are not saving for their later years, a new Research Co. poll has found.

In the online survey of a representative provincial sample, 68% of British Columbians say they are “very worried” or “moderately worried” about their financial health.

Fewer British Columbians are currently concerned about their physical health (55%) or their mental health (43%).

Majorities of British Columbians aged 55 and over (57%), aged 18-to-34 (73%) and aged 35-to-54 (76%) say they are currently worried about their financial health.

Mental health concerns are more prevalent among British Columbians aged 18-to-34 (60%) than among their counterparts aged 35-to-54 (46%) and aged 55 and over (28%).

Just under a third of British Columbians (31%) expect their physical health to decline in the next decade, while fewer have similar expectations about their financial health (26%) or their mental health (18%).

“Almost half of British Columbians aged 18-to-34 (47%) foresee their financial health getting better in the next 10 years,” says Mario Canseco, President of Research Co. “Only a third of those aged 35-to-54 (33%) share the same optimism.”

More than two thirds of British Columbians expect specific resources to be available to them as they get older, including health care (72%), mental health (69%), social services (also 69%) and social networks (also 69%).

Expectations on the availability of health care resources are highest among British Columbians aged 18-to-34 (77%), followed by their counterparts aged 55 and over (71%) and aged 35-to-54 (69%).

The notion of planning for retirement entails putting away a portion of every paycheque for future use. At this point, only 37% of British Columbians who have not retired say they are saving “enough” (29%) or “more than enough” (8%) for their later years.

More than three-in-five British Columbians who have not retired (63%) acknowledge “not saving enough:” (42%) or “saving nothing” (21%) at this stage.

On a regional basis, the proportion of British Columbians who have not retired and who are “saving nothing” for retirement is highest in Northern BC (33%), followed by Vancouver Island (29%), Southern BC (28%), the Fraser Valley (26%) and Metro Vancouver (14%).

Methodology: Results are based on an online survey conducted on May 20 and May 21, 2025, among 800 adults in British Columbia. The data has been statistically weighted according to census figures for age, gender and region in British Columbia. The margin of error—which measures sample variability—is +/- 3.5 percentage points, nineteen times out of twenty.

Find our data tables here and download the press release here. 

For more information on this poll, please contact:
Mario Canseco, President, Research Co.
778.929.0490
[e] mario.canseco@researchco.ca