• randy@lemmy.ca
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    9 months ago

    The headline is extremely misleading clickbait. This piece is reporting on what people think they need, not what they actually need

    The title says “Canadians expect they need $1.7M to retire”. The title says exactly what the article says, and incorrectly claiming it to be misleading diminishes the conversation here.

    • zaphod@lemmy.ca
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      9 months ago

      And the first paragraph of the article uses the word “believe”, which has a much softer connotation.

      The subject line strongly implies that Canadians did the math and “expect” to need $1.7M for retirement.

      When you look at the actual article, it’s simply an opinion survey reporting what people said, answers for which could be the result of anything from a rigorous financial plan all the way to a finger in the air guess.

      So the headline implies a great deal more certainty in the quoted figures than is actually indicated in the article or supportable by the data.

      In short: no, I stand by my claim the article headline is absolutely misleading.

      • randy@lemmy.ca
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        9 months ago

        I feel like you’re taking a very specific interpretation of the word “expect”. I don’t believe most people would interpret “expect” as being the outcome of crunching the numbers, so I still disagree that the headline is misleading. Still, I appreciate your explanation of your thinking.