"People do Business with People They Know, Like and Trust"

Which country’s citizens enjoy the longest retirement period?

Alex Chan,RHU,CHS,CFP,CPCA,EPC,CFSB,CLU profile photo

Alex Chan,RHU,CHS,CFP,CPCA,EPC,CFSB,CLU

Certified Financial Planner & Chartered Life Underwriter
Belvedere Financial Solutions Limited
Cell : 604.649.3829
Langley Office : 604.513.1177
Vancouver Office : 604.689.8289


iStock-611076216

iStock-611076216


The line segments in the chart represent the average length of the retirement period in various Organization for Economic Co-operation and Development (OECD) countries. Italy ranks first while Canada is near the median. Americans have a comparatively short life expectancy, owing largely to a high obesity rate, limited access to health care and one of the biggest income gaps in the world. While the average retirement period increased substantially in most countries since 1970, that trend is now stabilizing, and even reversing, as a result of slowing mortality improvements and increasing normal retirement ages.

average years in retirement_globe


This Globe and Mail article was legally licensed by AdvisorStream.

Alex Chan,RHU,CHS,CFP,CPCA,EPC,CFSB,CLU profile photo

Alex Chan,RHU,CHS,CFP,CPCA,EPC,CFSB,CLU

Certified Financial Planner & Chartered Life Underwriter
Belvedere Financial Solutions Limited
Cell : 604.649.3829
Langley Office : 604.513.1177
Vancouver Office : 604.689.8289