You're never going to retire. Jonathan Chevreau, author of the book Victory Lap Retirement, says people have to adjust their perceptions to meet the new reality. "If you thought you were going to live until you're 90, figure out what happens if you live until you're 100," he says. Among the 10.6 million Canadians aged 55 and up, a record 36 per cent are working or seeking work. Almost 1/3 of Canadians aged 55-64 have less than $1,000 for retirementThe Broadbent Institute crunched those same numbers and found not only are we living longer, we are saving less.
Source: CBC News October 24, 2016 09:00 UTC