Boomers will recall what happened where our parents retired. It was literally, in most cases, getting the gold watch at 65 and leaving the workforce entirely for a leisurely life of golf, visiting relatives, the bridge club, and so on.
Turn the clock forward from the 1980s to the present, and it’s a very different story.
According to Statistics Canada , the percentage of Canadians of senior age is growing. In 2020, the agency reports, “18 per cent of the Canadian population were aged 65 and older,” a percentage expected to grow to 24 per cent by the end of the 2030s.