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Retirement Lost?

Published online by Cambridge University Press:  19 September 2011

Lynn McDonald*
Affiliation:
Institute for Life Course and Aging, University of Toronto
Peter Donahue
Affiliation:
Renison University College, University of Waterloo
*
*Correspondence and requests for offprints should be sent to / La correspondance et les demandes de tirés-à-part doivent être adressées à: Lynn McDonald, Ph.D. Professor and Director, Institute for Life Course and Aging University of Toronto 222 College Street Suite 106 Toronto ON M5T 3J1 ([email protected])

Abstract

In this article, we raise the question as to whether retirement is lost as we currently know and understand it in Canada. With a selected review, we examine 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 or lack of pensions. Accordingly, we propose that retirement is undergoing modifications on the basis of several trends that commenced before the 2008 economic downturn. The data would appear to lean towards the emergence of a different type of retirement, insofar as the collective Canadian vision of retirement is lost, notwithstanding the economic meltdown in global markets.

Résumé

Cet article soulève la question de savoir si la retraite, comme nous la connaissons et comprenons actuellement au Canada, est perdue. Grâce à un examen sélectif, nous examinons la recherche sur la retraite selon la durée de la retraite, de nouveaux types de retraite, les évolutions théoriques possibles, les moments de transition vers la retraite, et la vie des retraités, y inclus la qualité ou le manque de pensions. En conséquence, nous proposons que la retraite est soumise a des modifications sur la base de plusieurs tendances qui ont commencé avant le ralentissement économique de 2008. Les données semblent indiquer l’émergence d’un type différent de la retraite, dans la mesure où la vision collective canadienne de la retraite n’est pas perdue, malgré la crise économique sur les marchés mondiaux.

Type
Articles
Copyright
Copyright © Canadian Association on Gerontology 2011

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