When we ask a Canadian individual about the average retirement age, they will probably say around 65. This is because pension programs still mention retirement age at 65, with retirees receiving benefits under the Canadian Pension plan and Old Age Security. What Is An Early Retirement In Canada? However, times have changed as the Canadian government lowered the retirement age to 63.5 years. Therefore, retirement below the age of legislation is categorized as early. The life expectancy has also increased against the reduced retirement age. A Canadian, on average, will…
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