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Table A.11
Multivariate results on planned age of retirement of near-retirees, Canada, 2007
| 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. | |
