Canadian Vending

Features Business Staffing
Employee attitudes on retirement


September 30, 2014
By Brandi Cowen Retain

Topics

Sept. 30, 2014, Simcoe, Ont. – Canadian workers have big plans for retirement, and many are hoping
they won’t have to wait until they turn 65 to start the next chapter of
their lives, reports recruiting website Retain.

Sept. 30, 2014, Simcoe, Ont. – Canadian workers have big plans for retirement, and many are hoping
they won’t have to wait until they turn 65 to start the next chapter of
their lives.

New data collected by Standard Life reveals that although most
Canadian workers expect to retire at the age of 65 (41 per cent) or
older (25 per cent), there are plenty of workers who plan to retire at
age 60 (14 per cent) or even earlier (18 per cent). These dreams of
early retirement could compound the skills shortage many sectors are
already confronting.

In particular, employers offering a defined
benefit pension plan should take note: workers with this type of plan
are more likely than other workers to plan to retire before they turn
60. | READ MORE

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