1 IN 4 CANADIANS REGRET RETIRING AND WANT TO GO BACK TO WORK: CIBC SURVEY

Jan 30, 2019

By Jane Brown

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Retirement or rehirement?

A new CIBC poll finds more than a quarter of retired Canadians regret retiring, and an almost equal number, have tried re-entering the labour market.

The reasons appear twofold. Sixty percent say they want to go back to work for the intellectual stimulation. Half say financial reasons have prompted them to go back to work.

The survey also reveals that half of all Canadians would rather keep working past the age of 65 then retire and endure a lower standard of living. Close to 80 percent of those polled believe that reducing their work hours or semi-retirement gives them the best of both worlds.

Join Zoomer Radio’s Fight Back with Libby Znaimer for more on this topic Wednesday after the noon news.

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