THIS AND THAT
A Look at Canada’s Retirement
FORECAST
It’s estimated that
65
# of people aged
≥65 surpassed
# aged 0-14 in July 2015
0-14
23%
of the population will
be 65 or older by 2031
PERCENTAGE OF POPULATION
80
There were
approximately
70
60
40
250,000
30
new retirees in 2015
50
20
10
0
1976
1986
aged ≥65
Average
retirement
age in 2015:
Average life
expectancy:
(at age 65 in 2013)
22 CPABC in Focus • May/June 2016
1996
2006
2015
2031
aged 15-64 (working population)
64.1
86
62.7
88
FORECAST
It is estimated that
in just a few years,
the annual number of
new retirees will be
400,000