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Retirement Lost?

Author

Listed:
  • Lynn McDonald
  • Peter Donahue

Abstract

In this paper we raise the question, as to whether retirement is lost as we currently know it in Canada. Here we look at the retirement research according to the scope of retirement and the new retirement, possible theoretical developments, the timing of transitions into retirement and life as a retiree including the quality of pensions. On the basis of this selected review we propose that retirement is undergoing modifications based on several trends that commenced before the 2008 economic downturn. The data would appear to lean towards the emergence of a different retirement, insofar as the collective Canadian vision of retirement is lost, notwithstanding the economic meltdown in global markets.

Suggested Citation

  • Lynn McDonald & Peter Donahue, 2012. "Retirement Lost?," Social and Economic Dimensions of an Aging Population Research Papers 291, McMaster University.
  • Handle: RePEc:mcm:sedapp:291
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    File URL: http://socserv.mcmaster.ca/sedap/p/sedap291.pdf
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    More about this item

    Keywords

    Retirement; pension shift; retirement planning; work and retirement; pension policy; retirement theory; retirement and the life course;

    JEL classification:

    • Z10 - Other Special Topics - - Cultural Economics - - - General

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