A new survey conducted by H&R Block Canada Tax Preparation found that more than half of Canadians feel they are behind in their retirement savings.

About half of the Canadians surveyed (52 percent) said they are unprepared for retirement because they do not have enough money left at the end of the month to save, and they plan to work part-time when they retire.

For his part, Peter Bruno, President of H&R Block Canada, said in a previous press release: "Not long ago, the traditional view of retirement was that at about age 65, Canadians 'hung up their hats' and celebrated the end of work. But what we see now is that the vision of retirement has evolved significantly – fueled by shifts in tax-friendly savings plan options, the changing workforce reality, the gig economy, and the prevailing economic environment."

Fifty percent of Canadians surveyed said they plan to get a "temporary job" when they retire to bring in some income, and 36 percent of respondents aged 18 to 54 believe they will never retire.

But some respondents were more optimistic, with 44 percent saying they expect to retire before the current average retirement age, which is 64 years and six months according to Statistics Canada.

Also, 46 percent said they feel satisfied with their retirement strategies despite the current economic uncertainty.

Regarding tax-friendly savings plans, including RRSPs and TFSAs, 56 percent of Canadians reported having an RRSP plan, while six percent said they will set one up in the future. Fifty-five percent said they need a better understanding of tax-friendly retirement savings options.

According to the survey, 37 percent of Canadians said they have an employer-sponsored registered pension plan, and 19 percent rely on government-assisted retirement plans.

However, 65 percent of respondents indicated they are likely to invest less in a TFSA or RRSP this year due to the high cost of living. Few people (32 percent) feel they save enough money monthly for their retirement.