More than half of Canadians feel there is no one appropriate age for retirement and that it is a personal choice <45 45-49 50-54 1% 0% 2% 55-59 8% 60-64 13% 65-69 70+ 15% 5% 55 7% 60 12% 65 70 15% 4% It's a personal choice 57% QJ1 What do you think is the appropriate age for people to retire? Base: All respondents (n=1457) Privileged and confidential © 2009 Ipsos Reid 1 The majority of pre-retired Canadians feel their experience is valuable to employers. Half are worried about replacing their current job and/or are less satisfied with their job. Almost 1-in-3 say they will never retire I am finding that the experience I have gained over time is becoming more valuable to my employers I am worried that if I get laid off, I will never be able to get as good a job as I have now 35% I would like to change my job, but don't think I can afford to take that chance at this point in my life 17% 31% 48% I am worried about becoming unemployed 19% 28% 47% As I age, my job feels less secure I feel that aging baby boomers who are lingering in the workforce, are limiting my chances of getting ahead I feel that younger people are getting all the good job opportunities 32% 12% 27% 39% 29% 38% 9% 28% 37% 24% 54% 41% 9% I will never retire 7% 18-34 47% 37% 9% 79% 50% 15% I'm getting great opportunities because of my age/experience 10% 18-34 35-54 55% 55+ 56% 51% 32% 19% I am less satisfied with my job than I used to be I would be willing to work fewer days a week even if it meant a cut in pay 74% 49% 25% 31% 18-34 49% Strongly agree Somewhat agree QF1 The following are some attitudes that people have expressed about their careers or jobs. For each one, please state if you strongly agree, somewhat agree, somewhat disagree or strongly disagree? Base: Non-retired (n=1008) Privileged and confidential © 2009 Ipsos Reid 2 ‘Old’ is 70 or older - or how you feel 20 30 40 1% 0% 2% 5% 50 10% 60 19% 70 15% 80 6% 90 100 1% More than 100 1% No specific age - it's how you feel No specific age - whenever you are unable to look after yourself No specific age - any age that is older than my own. 26% 13% 2% Q.F2 Different people have different ideas about aging. In your opinion, what age is 'old'? Base: All respondents (n=1457) Privileged and confidential © 2009 Ipsos Reid 3 1-in-3 Canadians feel that the aging population of Canada will be a financial burden. Those who are 55 or older are unlikely to feel this. Yes No 35% 18-34 46% 35-54 41% 55+ 14% 65% Q.F3 Do you think that the aging population of Canada will be a financial burden to you? Base: All respondents (n=1457) Privileged and confidential © 2009 Ipsos Reid 4 One-third of those who think the aging population will be a burden feel that it already is 31% It already is 26% In the next 5 years 35% Not for at least 10 years Not for at least 20 years 7% Q.F4 When? Base: Aging population will be a financial burden (n=473) Privileged and confidential © 2009 Ipsos Reid 5
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