Canadians’ views on retirement are shifting dramatically, with the idea of retiring at age 65 being one of the early casualties. Read more.

Canadians’ views on retirement are shifting dramatically, with the idea of retiring at age 65 being one of the early casualties. Read more.

  • TSG_Asmodeus (he, him)@lemmy.worldEnglish
    26·
    8 months ago

    My favourite part of this is that the financial post is clearly trying to make this sound like “…so they’ll retire later.”

    But then:

    The survey said 41 per cent of 25-to-44-year-olds say they are motivated to retire well before age 55.

    The respondents said this is so they can can chase bigger ambitions related to small business, consulting, not-for-profit work, passion projects or creative pursuits. The ambitions reflect a growing desire to “work to live” — rather than “live to work,” especially when it is for someone else.

    Only 19 per cent of 25-to-44-year-olds hope to grow their family, while 41 per cent of them are still saving to purchase a home.

    • kent_eh@lemmy.caEnglish
      61·
      8 months ago

      But then:

      The survey said 41 per cent of 25-to-44-year-olds say they are motivated to retire well before age 55.

      Desire to and ability to are very different things.