16 December 2009
 

Changes in early retirement

Retiring before age 60: eye-catching ads once steered Quebeckers in this direction. But today the economic climate has changed. The population is aging, a massive wave of baby boomers is reaching retirement age and workers are increasingly rare. Against this backdrop, has the "Freedom 55" concept kept pace with the times? The Changes in Early Retirement study sheds light on the trends from 1993 to 2005 among Quebeckers who retired between age 50 and 59. >>>

Retirement...

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Early retirement rate

The Changes in Early Retirement study provides us with information on the early retirement rate, which is the ratio of early retirees versus the initial population. Hold on! Who are these two groups? Let's take a look.  >>>

Employment earnings

Retirement and employment earnings: aren't the two contradictory? Yet this was the focus of the second part of our study on changes in early retirement. More specifically, we analyzed employment earnings in the year following early retirement. >>>

Income before and after retirement

The third part of the study analyzed income before and after retirement. We used the data gathered to determine the income replacement rate and the sources of income for those who took early retirement. >>>