Think that you’ll be working past age 65? #OntarioSecuritiesCommission 2018 survey says >25% were forced to retire, 59% retired voluntarily.
> Just more than one-quarter of them were forced to retire, possibly for medical reasons, corporate restructuring or reaching a mandatory retirement age. Fifty-seven per cent said they retired voluntarily, while the rest said they reached retirement age and felt it was time to stop working (3 per cent didn’t reply).
https://ingbrief.wordpress.com/2018/12/12/national-investor-research-study-nov-2018-osc/
@michel_slm Amongst OECD countries, elderly poverty rate in Canada gets an "A" at 6.7%, says Conference Board of Canada. https://www.conferenceboard.ca/hcp/Details/society/elderly-poverty.aspx
USA gets a "C", with elderly poverty rate near 20% .
Further, in 2017, elders are included in "Canada's First Poverty Reduction Strategy" https://www.canada.ca/en/employment-social-development/programs/poverty-reduction/reports/strategy.html
@daviding
That's in line with what I expect, thanks. Ageism is bad anyway but at least when you're made to retire in Canada you are not consigned to poverty
@daviding
Do Canadians generally have enough money / pension to retire at 65? That's increasingly not the case in your poor southern neighbor (and I mean the USA, not Mexico 😓)