Later Retirement: The Win-Win Solution

Summary:
Citation. 2012. "Later Retirement: The Win-Win Solution". Research. Toronto: C.D. Howe Institute
Page Title:Later Retirement: The Win-Win Solution – C.D. Howe Institute
Article Title:Later Retirement: The Win-Win Solution
URL:https://cdhowe.org/publication/later-retirement-win-win-solution/
Published Date:March 27, 2012
Accessed Date:March 24, 2025

Over the coming two decades, people are likely to stay in the workforce much longer – by about five years – according to a report from the C.D. Howe Institute. In “Later Retirement: The Win-Win Solution,” author Peter Hicks finds  there will be a strong trend towards later retirement by babyboomers as a result of social and economic pressures, without any policy action by government to raise retirement levels. Delaying work-retirement transitions by five years would have large, positive economic and fiscal effects, the author reports, reducing pressures on growth, government finances and pension funding. Other gains in social well-being appear likely, if harder to quantify.

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.