Statistics Canada
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Table 7
Retirement outlooks from two perspectives
| Person no. 11 | Person no. 22 | |
|---|---|---|
| Predicted retirement age | 59 years | 62 years |
| Likelihood of … | ||
| …being very certain of planned | ||
| age of retirement | 46% | 29% |
| …expecting retirement income to be | ||
| adequate or more than adequate | 81% | 67% |
| 1. Predicted probabilities assuming: male, age 52, married, Canadian-born, very good health, home owned with mortgage, union member, pension coverage, 20 years of job tenure, RRSP assets less than $50,000 and household income of $100,000 or more. | ||
| 2. Predicted probabilities assuming: male, age 52, married, Canadian-born, very good health, home owned with mortgage, non-union, no pension coverage, 10 years of job tenure, RRSP assets of $50,000 to $100,000 and household income of $60,000 to $80,000. | ||
| Source: Statistics Canada, General Social Survey, 2007. | ||
