Table A.11
Multivariate results on planned age of retirement of near-retirees, Canada, 2007
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Coefficient (in years) | |
---|---|
Age |
-1.73
|
Age squared |
1.91
|
Gender | |
Men |
rg
|
Women |
-0.74
|
Marital Status | |
Married/Common-law |
rg
|
Other |
0.56
|
Immigration status | |
Canadian-born |
rg
|
Immigrated before 1975 |
ns
|
Immigrated between 1975 and 1989 |
ns
|
Immigrated since 1990 |
0.69
|
Self-assessed health | |
Excellent |
rg
|
Very good |
ns
|
Good |
0.33
|
Fair or poor |
ns
|
Unionization | |
Non-unionized employees |
rg
|
Unionized employees |
-0.95
|
Self-employed |
0.48
|
Occupation | |
Management |
-0.74
|
Professional |
ns
|
Technologists and Technicians |
-0.96
|
Clerical |
ns
|
Sales and Services |
ns
|
Trades, Transportation and Equipment Operators |
ns
|
Occupations in Primary Industries |
ns
|
Occupations in Processing, Manufacturing and Utilities |
rg
|
Additional year of job tenure |
-0.10
|
Pension coverage | |
No |
rg
|
Yes |
-1.09
|
Inconsistent answers1 |
-0.60
|
Contributed to a registered retirement savings plan (RRSP) in the past five years | |
No |
rg
|
Yes - Assets less than $50,000 |
ns
|
Yes - Assets $50,000 to $100,000 |
ns
|
Yes - Assets greater than $100,000 |
-0.87
|
Yes - Assets not stated |
ns
|
Household income | |
Less than $40,000 |
rg
|
$40,000 to $59,999 |
ns
|
$60,000 to $79,999 |
-0.70
|
$80,000 to $99,999 |
-.66
|
$100,000 or more |
-1.12
|
Not stated |
-0.82
|
Housing tenure | |
Housing rented |
rg
|
Housing owned with mortgage |
-0.44
|
Housing owned without mortgage |
-1.44
|
Housing tenure not stated or other |
ns
|
rg Reference group. | |
ns Not significant. | |
1. About 10% of respondents provided inconsistent answers to the two questions about pension coverage and are treated as a separate category. | |
Note: Near-retirees who stated planned age of retirement only. | |
Source: Statistics Canada, General Social Survey, 2007. |
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