FSC modelling estimates a $3 million cap not indexed to inflation will adversely impact around 500,000 individuals who are currently saving for retirement or have already retired.
| Under 30 | 204,092 | 3,943,904 | 5.2% |
|---|---|---|---|
| 30-34 | 135,541 | 1,942,745 | 7.0% |
| 35-39 | 65,126 | 1,830,875 | 3.6% |
| 40-44 | 19,403 | 1,610,058 | 1.2% |
| 45-49 | 13,973 | 1,644,205 | 0.8% |
| 50-54 | 12,694 | 1,494,169 | 0.8% |
| 55-59 | 7,849 | 1,430,428 | 0.5% |
| 60-64 | 15,555 | 1,189,344 | 1.3% |
| 65-69 | 18,148 | 863,531 | 2.1% |
| 70-74 | 17,260 | 584,916 | 3.0% |
| 75 and over | 16,425 | 502,931 | 3.3% |
| Unknown | 4 | 100,468 | 0.0% |
| Total | 526,071 | 17,137,574 | 3.1% |
