As one that abhors the use of hyperbole, I cringed at including “apocalypse” in the title of this piece but it is in deference to the author of the original material. The original article is linked below and provides all the background to the four major challenges for retirement planning over the next 10 to 20 years.
CPP contributions by both an employee and the employer will increase by 1% over the next 5 years. A report by the Fraser Institute suggests the return on CPP contributions is about 4.6% based on what pensioners will get and their life expectancy.
Link to Article
Link to Fraser Report on CPP contribution Rate of Return