Retirement...when do you see it happening???
#1
Banned
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Joined: Dec 2010
Location: Durham Region Extension
Posts: 3,342
Retirement...when do you see it happening???
Nearly one in five Canadian workers say they’ll never be able to fully retire compared to workers in a sample of 15 industrialized nations, Canadians are among the worst off
Seventeen per cent of Canadian workers expect they’ll always have to work. This compares to the global figure of 12 per cent, according to The Future of Retirement: Life after Work, a large HSBC survey of people in Canada, Australia, France, Hong Kong, India and Mexico, among other countries. Canada rated just above the U.K. (19 per cent) and the U.S. (18 per cent). Meanwhile in Vancouver, the YWCA is getting 40 applicants for every 12 spots in a new program designed for men and women over 55 who want to get back into the workforce. The average age of participants is, shockingly, 62.
“We’ve had people that haven’t been able to pay their rent or are living at a relative’s or a friend’s couch,” YWCA career adviser Lynda McFee said. “There’s such a need out there with mature workers.”
“We’ve had people that haven’t been able to pay their rent or are living at a relative’s or a friend’s couch,” YWCA career adviser Lynda McFee said. “There’s such a need out there with mature workers.”
70% of my annual salary as pension when the time comes, isn't that bad if you cut your coat accordingly. Furthermore, I am still undecided as to where I will like to retire at.
#2
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Joined: Nov 2006
Location: Heritage Valley in Edmonton
Posts: 894
Re: Retirement...when do you see it happening???
lol, my wife had twins when i was 51, retirement is now far fading away into the future.
I think I'll retire to a box.
I think I'll retire to a box.
#3
Re: Retirement...when do you see it happening???
I always planned to retire at 55 and I did. I often wonder how I ever found time to go to work with all the other stuff going on ! Even now I am never stuck for something to do and I don't even play golf.
#4
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Joined: Aug 2006
Posts: 3,124
Re: Retirement...when do you see it happening???
jan 1, 2014 is the magic date
finally after 51.25 years
i have done my time
finally after 51.25 years
i have done my time
Last edited by montreal mike; Nov 24th 2013 at 7:13 pm.
#9
Re: Retirement...when do you see it happening???
10 Sept 2004, aged 47.
Arrived Canada 12 Sept 2004.
Arrived Canada 12 Sept 2004.
#11
Re: Retirement...when do you see it happening???
Had planned to go early 50s and bugger off to Spain, sooner if job turned to shite.
Job turned to shite (for reasons partly referred to in previous posts) and by amazing good fortune, found a better way of going earlier.
And to a different country.
Job turned to shite (for reasons partly referred to in previous posts) and by amazing good fortune, found a better way of going earlier.
And to a different country.
#12
Re: Retirement...when do you see it happening???
potentially got another 40 years + to go
by the time i get there i doubt retirement will exist...we'll work til we die
by the time i get there i doubt retirement will exist...we'll work til we die
#14
limey party pooper
Joined: Jul 2012
Posts: 9,982
Re: Retirement...when do you see it happening???
6 years from formal employment, but am now part time and in a non management job now so life is simpler on the brain but harder on the body. I had thought I would be able to retire next year but pensions and all that.
I'll carry on doing arty stuff forever though.
I'll carry on doing arty stuff forever though.
#15
Re: Retirement...when do you see it happening???
I plan to live forever, so maybe in a couple of billion years.