Discussions of pension adequacy for elderly Canadians have used the rate at which income falls with age; the income … replacement rate or the ratio of post-retirement income to pre-retirement income. Use of income streams to assess post … example, work-related expenses) can be expected to fall after retirement, a declining income stream does not necessarily …

This paper estimates the implicit income generated by the home equity of working-age and retirement-age households. In … the 2006 Census of Population, we find that housing services make an important contribution to household income. When … estimates of the services provided by the equity invested in housing are added to traditional estimates of income, the income of …

both explicit household income and the implicit income generated by owner-occupied housing. Over this 37-year period, the … income from owner-occupied housing also increased rapidly during this time, matching the rate at which the explicit income of … (aged 70 and over) by 16%. Taking both forms of income into account, the incomes of retirement-age households (aged 70 and …

Studies of pre- and post-retirement annual income have focused on the extent to which income falls at this crucial … stage in life. Although these studies vary in scope and intent, the overall consensus is that the Canadian retirement income … system provides income replacement rates that are in the excess of 60% to 70% for a plurality of Canadians, especially for …

This paper examines why rates of homeownership have been increasing amongst young higher-income households, but … declining among young lower-income households. For the period from 1981 to 2006, household data from the Census of Population …, supplemented with information from the Survey of Financial Security, are employed to model the decision to own across the income …