What Retirement? Sun Life Survey Indicates Most Will Work Past Age 66
An annual survey of Canadians by Sun Life reveals 60 per cent of respondents will be working at the age of 66. Thirty-two per cent said they’ll work full time, and only 27 per cent expected to fully retire.
According to Sun Life, in its seven years of running the survey, this is the first time the number of individuals not expecting to retire exceeds those who plan to retire. It seems the reality sunk in for many in the past six years. Back in 2009, only 16 per cent said they’d be working full time past the age of 65, and 55 per cent of working age respondents said they expected to be fully retired at 65.