retirement of the Quebec first cohorts of baby boomers born in 1946-1955, who will retire in the forthcoming years, by comparing … cycle. The demographic factors that may interact on the financial suitability in retirement will also be studied. The cohort … their financial planning for retirement than their parents at the same age. This outcome is valid as well for the condition …

work strongly in the direction of even shorter durations of retirement and longer durations of work. These new pressures … retirement years in large numbers, increasing the demand for older workers. On the supply side, there will be a large in increase … market scenarios. Delaying work-retirement transitions by even this amount would have large, positive economic and fiscal …

Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …

-durables significantly decreases at the time of retirement -- a finding that is inconsistent with the standard life-cycle model of … consumption if retirement is an anticipated event. This fall in expenditure has become known as the `retirement- consumption … fall in expenditures on groceries, food consumed at home and outside meals with retirement. The observed decline in …

Does retirement represent a state of relative prosperity or a time of unanticipated economic hardship? To assess … whether individuals are successful in smoothing their well-being across the transition to retirement we analyse measures of …-reported change in their standard of living, financial security, and overall happiness over the transition to retirement. It is found …

Identifying the effect of the financial incentives created by social security systems on the retirement behaviour of … retirement probability by approximately 10 percent. In addition, we find that the social security reform induced significant … funding retirement. …

retirement income. More precisely, this paper, which is based on two Statistics Canada surveys (Survey of Consumer Finances and … retirement income sources has been realized, while discerning five distinct categories: net government transfer payments, CPP … retirement income have become substantially more diversified and privatized during the period under study. These adjustments are …

This multimethod study investigated the effect of involuntary retirement on retirement income. Using the General Social …, and ultimately, in their retirement income, whether personal or household. The men who retired because of ill health did … retirement they were more likely to rely on government transfer payments as a major source of income. Like the men, they were …

maintaining their incomes after retirement. Our main conclusions are as follows. First, in the two years immediately after … retirement the aftertax income replacement ratios average about two-thirds when calculated across all ages of retirement. Second …, the ratios tend to increase with the age of retirement. Third, the ratios increase with years in retirement, at least in …