Tuesday, March 28, 2006

CBC News: 1 in 5 Canadians don't plan to retire: StatsCan

CBC News: 1 in 5 Canadians don't plan to retire: StatsCan: "1 in 5 Canadians don't plan to retire: StatsCan
Last Updated Mon, 27 Mar 2006 16:00:43 EST
CBC News

Twenty per cent of Canadians do not intend to retire at all, a Statistics Canada publication suggests.

Many other Canadians who took early retirement went back to work because they needed money, according to New Frontiers of Research on Retirement, a 458-page compilation of scientific papers and surveys released on Monday.

Non-standard work arrangements such as contract and casual work 'will worsen the financial security of future retirees' because they don't have access to workplace pension plans, Statistics Canada said in a release."

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