Young Canadians View Retirement at 65 as Outdated

Canadian attitudes towards retirement are evolving, with 74% of 24-44-year-olds considering the traditional retirement age of 65 outdated, per a national survey by Wealthsimple Inc. Younger generations seek flexibility and control over their future, favoring a modern retirement focused on personal and professional passions. Economic challenges and limited access to traditional retirement supports like home ownership or pensions drive this shift. Many aim to retire before 55, pursuing entrepreneurial ventures or creative pursuits.