Since 2006, baby-boomers are beginning to reach the age of 60. This historic milestone forecasts serious challenges for our societies. In particular, the financial security of future pensioners constitutes an important issue. The present study will attempt to assess the financial preparation for...

In the forthcoming decades, population aging will generate major challenges in our society. In particular, the financial security of future pensioners constitutes an important issue. This paper will examine the financial planning for retirement of the Quebec first cohorts of baby boomers born in...

Prior to 1987, retirement benefits under the Canada Pension Plan (CPP) were payable only at age 65. Amendments to the CPP in 1987 allowed benefits to be claimed at any time between the ages of 60 and 70, with actuarial adjustments for early or late take up. The focus of this paper is the health...

Like most other developed nations, Canada has a large income security system for retirement that provides significant and widely varying disincentives to work at older ages. Empirical investigation of their effects has been hindered by lack of appropriate data. We provide an empirical analysis...

This paper examines the conditions under which individuals begin or do not begin making financial plans for their later years. The data are drawn from a sample of mid- and later-life individuals (n=51) who participated in qualitative, life-history interviews. Participants identified three types...

Post-war policies and subsequent debates had two policy targets: reducing old-age poverty and enhancing income security for the “average worker” after retirement. While we know a lot about the first issue, the second has received less attention as a result of data limitations. We take...

The ageing of the Canadian population is a well recognized phenomenon and has received considerable policy research attention, particularly in the health and public pension domains. Very little work has been focused on the impacts of ageing at the organisational level. Foot and Venne studied the...

The relationship between employment and retirement is changing dramatically. In contrast to an earlier pattern of relatively stable career employment leading to retirement around age 65, increasing numbers of men and women are leaving their major employment situation earlier. The process of...

The paper explores the allocation of consumption expenditure by the older population among different categories of goods and services, and how expenditure patterns change with age within that population. Of particular interest is whether observed differences between pre- retirement and...

We examine retired Canadians’ subjective survey reports of satisfaction with finances,and with life, relative to the period before retirement.