The good news? Three-quarters of Canadians are optimistic about their long-term financial future. The not so good news? Seventy-seven percent are worried about the short-term. This is according to the TD Canada Trust Personal Finance Survey conducted in April 2009, which revealed that the financial concerns of Canadians are about their present reality.

More than one-quarter of Canadians say they are living paycheque-to-paycheque and 57 percent say the economic downturn has had a negative impact on their personal financial situation and they're looking for advice now. The survey also revealed that the top three financial concerns of Canadians are whether they can maintain their current lifestyle, followed by losing money from investments and having enough to retire on.

The survey also found that 5 percent of Canadians surveyed said they have recently lost their job or been laid off and 11 percent are concerned that they will lose their job soon. Nine percent said that they have delayed their retirement while 80 percent of 40 to 49 year olds are concerned about saving enough to retire.

The TD Canada Trust Personal Finance Survey was prepared ahead of its “Real Solution” seminars. The first two seminars will be held in Windsor and Hamilton in late May, with more planned for the fall.

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