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.