Retirement age rising for millennials, gen X and boomers: report

Canada’s population is in the midst of a fundamental shift. In , almost one in seven Canadians was a senior; by , that number will jump to nearly one in four. This extraordinary change in our demographics presents new opportunities for Canadian society. It also presents challenges, which the Government of Canada is committed to meeting to ensure both the well-being of seniors and Canada’s future prosperity. Seniors play an important role in our families, communities and workplaces. They helped to build this country and continue to contribute to its success. In recognition of this contribution, the Government of Canada is committed to ensuring a high quality of life for seniors. I meet regularly with seniors from all regions of Canada and from a variety of backgrounds to make certain that I understand their views and issues. I also consult with other stakeholders, government officials and levels of government. Everything that I have learned has convinced me that a high quality of life for seniors depends a great deal on helping them to stay active, engaged and informed.

Millennials overtake Baby Boomers as America’s largest generation

Census Bureau. As of July 1, the latest date for which population estimates are available , Millennials, whom we define as ages 23 to 38 in , numbered Generation X ages 39 to 54 numbered The Millennial generation continues to grow as young immigrants expand its ranks.

Read to learn more about Canada’s baby boomers. says, which to date are the “only years in Canadian history when live births in Canada.

Collier Duquette, Hilary Gender, work and retirement for the baby-boomer cohort in Canada. Masters thesis, Concordia University. Historically, women have had fewer opportunities than men to contribute to the labour force mainly due to their domestic labour, which place women at a disadvantage during their retirement years compared to men. The aim of this study is to evaluate gender differences while also taking other factors into account in planning for retirement, age at retirement, returning to work after retirement, and the current socio-economic situation of retirees.

Results can be summarized along two main themes. First, they show that gender roles do intersect with the process and the decision-making process of retirement. Level of education and financial situation are intertwined with gender roles such that the socio-economic situation of retirees is largely determined by their marital status and level of education, and retired females are still at a financial disadvantage due to their more limited exposure to the labour force.

Moreover, the greater attachment to the labour force for men is apparent as they are more likely to retire later and return to work. Second, the study provides clear evidence that the process of retirement is complex, can vary according to many factors and can also follow a non-linear trend that must be better acknowledged in work about retirement issues. For example, some individuals have no plans to retire either because they cannot afford it or want to continue to work and, in other situations, retirement is not a single life event because some return to work.

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Financial stability trumps good looks for millennials seeking love, survey says

Will we just bumble through as best we can — or swipe left for good? For two months, John Chidley-Hill came home after his evening shift, turned off the lights, lay in bed and stared at his phone. Similar stories have played out in countless bedrooms over the past decade. Last year, analytics firm eMarketer projected the user growth of dating apps would soon slow from an estimated 6.

While that still translates to thousands of people joining every year, eMarketer said, trends also point increasingly to users — presumably, fed up at a lack of results with their current platforms — switching from one service to another. When it comes to how many people are actually quitting dating apps, hard numbers are scant.

She noted a Conference Board of Canada study found caregivers and that “​many will be delaying their retirement date to afford health care.”.

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Content is archived. In , the Canadian population was composed of many different generations, with the baby boom generation probably the most well-known. Defining a generation can be challenging, as the term can have several different meanings.

In general, a generation is a group of individuals who are about the same age and have experienced, most often as children or young adults, specific historical events, such as an economic crisis, an economic boom, a war, or significant political changes. These events may influence their views of the world. In the field of demography, however, the definition of a generation does not depend on social, economic or political factors; instead, it is based exclusively on the year s in which a group of individuals is born.

Generations can vary greatly in size depending on the number of births that occurred during a given period. The size of a generation can have a significant impact on the life course of individuals who belong to it, as well as on those who belong to other generations. Moreover, the size of a generation can affect a country’s economy and society as a whole.

Among the Canadian population in , three large generations can be identified using demographic criteria:. A baby boom, by definition, is a sudden rise in the number of births observed from year to year. It ends when a sudden drop in the number of births is observed.

Canadians increasingly worried over boomers’ health bills, survey finds

About Pew Research Center Pew Research Center is a nonpartisan fact tank that informs the public about the issues, attitudes and trends shaping the world. It conducts public opinion polling, demographic research, media content analysis and other empirical social science research. Pew Research Center does not take policy positions.

Fun fact: Women had an average of kids during the baby boom Statistics Canada, TransUnion Canada. all dates sourced from Pew.

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Because let’s face it: Dating at any age is kind of a pain in the ass — and that you’re feeling iffy about online dating if you’re a baby boomer.

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Every week, almost 5, baby boomers are retiring, according to Statistics Canada. What was once a baby boom is today a retirement explosion. Over the next seven to eight years, the number of retirements will reach , annually.

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The millennial generation — generally defined as those born in the s and the first half of the s — is approaching middle age. In less than two months, the oldest of this group will turn The generation so recently depicted as rebellious youth intent on reshaping American culture will become eligible for protection under the Age Discrimination in Employment Act.

The youngest millennials will be 23, meaning that college campuses will be almost entirely ceded to the next population cohort, Generation Z. As economist Gray Kimbrough has documented, a large number of people in their 20s and early 30s live with their parents, while correspondingly fewer own their own homes. These trends are among the reasons millennials are having fewer children. And those who do are having them later.

Why have so many millennials experienced failure to launch?

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Brands with a demographic sweet spot—like millennials or boomers—are seeking the most relevant campaign tactics to reach their targets. This is especially true in digital, where behaviors vary widely by platform and formats used for media consumption. Teens in Canada have had digital devices in their hands since they were toddlers, and Mobile is paramount when targeting this group, especially through social messaging apps.

Search pictures and profiles of Baby Boomer Singles near you right now. Discover how online dating sites make finding singles in the United States, Canada.

The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. Steve Nolan, vice-president of Plitron Manufacturing Inc. The dramatic greying of Canada’s population will reshape the economy, stifle growth and force governments to provide for a growing number of seniors with a shrinking pool of taxpayers. This article was published more than 4 years ago. Some information in it may no longer be current. This is part of The Globe and Mail’s week-long series on baby boomers and how their spending, investing, health and lifestyle decisions could affect Canada’s economy in the next fifteen years.

Baby Boomer

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Many boomers are returning to the dating scene following divorce or the death of a spouse, McKay says, while relaxed social mores mean even.

There’s a reason why post-retirement age could be the happiest time of your life. Golden years, hello? Yes, there may be fewer potential partners in the dating pool, but if you think about it, that just makes everything less overwhelming. Use this guide to figure it out. Let’s start by saying that it’s totally normal to feel hesitant about making the jump to online dating.

That age group does have a few more options, which may be another reason that you’re feeling iffy about online dating if you’re a baby boomer. However, youth has a disadvantage you may not have considered: Many people in their 20s and 30s just aren’t ready to settle down yet. Developing a crush on someone is more likely to end up in an awkward “situation-ship” rather than a serious relationship and we all know how fun that is.

Dating over 60 means you’re at an age when you know what you want and you’re not afraid to put it all out there. This is the “no bullshitting” age of dating. As you get older, you realize what’s important to you and what you’re truly looking for. Doesn’t finding love with that mindset sound a hell of a lot easier? EliteSingle’s senior dating blog notes that most older individuals realize that life is just too short to play games, and that older people take dating much more seriously than they did 40 years ago.

And while it may be a little weird that this person isn’t your first love, you can take solace in the fact that it could be lasting love.

Decade of the Day: Post WWII baby boom and the evolution of the family in Canada