Retirement Lost?

Lynn McDonald and Peter Donahue

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

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.

Keywords: Retirement; pension shift; retirement planning; work and retirement; pension policy; retirement theory; retirement and the life course (search for similar items in EconPapers)
JEL-codes: Z10 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2012-03
New Economics Papers: this item is included in nep-age and nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:291

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