Is Retiring at 65 Outdated?

It's Personal Finance Canada

06-05-2024 • 31 mins

The key to retire early is to just give up… working… everyday. This week we confront a new study which shows the changing face of retirement expectations in Millennials. The classic forced march to 65 is out and a new face of retirement is emerging where people are looking to better enjoy their lives. Despite inflation, and high interest costs, and low job prospects, and unstable stock markets and no where to live; Millennials sure are an optimistic bunch.


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Useful Resources:


Toronto Star Article: https://financialpost.com/fp-work/young-canadians-think-retiring-65-outdated-concept#:~:text=Seventy%2Dfour%20per%20cent%20of,survey%20published%20by%20Wealthsimple%20Inc.


Wealthsimple White paper: https://newsroom.wealthsimple.com/canadians-seek-to-redefine-retirement-years


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