Half Of Canadians Forced Into Retirement; Union Members, Public Sector Workers Better Off

Nearly half of retired Canadians were forced to leave the workforce earlier than they planned, according to a survey from Angus Reid.

The poll shows working in the public sector or being a union member has its benefits when it comes to retirement. Both those groups reported a lower rate of being forced into early retirement, and a lower likelihood of financial problems.

Forty-eight per cent of all those surveyed said they had to retire “at least partly due to circumstances outside my control,” while 46 per cent said they were able to retire when they planned. Only 6 per cent said they had to keep working longer than they had planned.