Retirement ages in Canada

Retirement ages in Canada 

In 2000, the median age of retirement for Canadians is 61.5. In 2020, the median age has risen to 64.5. It is estimated that the median retirement age for people without defined benefit is 66, the median retirement age for self-employed is 68. In general, Canadian do have to work to older age.

By comparison, the median age of retirement for Canadian federal employees has remained 58.6 in both 2000 and 2020. In other words, their lives have been quite stable. Indeed, the social standings of the federal employees have enhanced significantly related to the general public. On average, they can retire ten years younger than the self-employed.

These numbers show that government has become more dominant in distributing resources over time. They also help us understand why Canadian politics has become increasingly confrontational.