Retirement in Canada
October 17, 2013
A century ago, the average Canadian lifespan was 60; today, we can expect to live 20 years longer than that… As the arc of our lives continues to change, so too will the experience of our retirement. An important factor in the changing reality of retirement is the influence of the baby boom generation, the demographic group born in the wake of World War II, which comprises some 30 percent of the Canadian population. As this generation has transformed society, challenging gender and ethnic stereotypes and redefining popular culture, so will it transform the choices and challenges associated with retirement. But as Thomas R. Klassen – a professor of political science and public policy and also a well-known media commentator – notes, this generation is not a homogeneous block, and there are few constants in the preferences of those near retirement, as well as those already retired. Unlike the past, the future of retirement holds a wide range of possibilities. This short, accessible book brings together what we know about the changes taking place, as well as what we can predict… Klassen’s evaluation of the choices and challenges associated with retirement also considers how retirement looks from a range of perspectives: how it is encountered by the individual and family, by the employer, and by governments creating and amending public policy… This surprisingly engaging book shows that while there are many different ways to think about retirement, we should keep the facts close at hand as we enter the “unknown country” of widespread demographic change and retirement.
Retirement in Canada, by Thomas Klassen. Don Mills, Ontario : Oxford University Press, 2013. 144 p. ISBN 9780199005741 (pbk.)
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