Chart 2
More than one-third of men cite financial readiness as the main factor in determining timing of retirement

Note(s):

Estimates are for the civilian, non-institutionalized population aged 55 to 80 years in June 2023 and are not seasonally adjusted.

Source(s):

Labour Force Survey Supplement (3701), custom tabulation.

Chart description

This is a bar clustered chart.

More than one-third of men cite financial readiness as the main factor in determining timing of retirement, %
	Men	Women
Financial considerations	35.0	28.2
Health or disability issues of one's self or spouse	22.8	22.9
Other factor	15.1	19.9
Layoff or other employer-related reason	13.2	10.3
Personal reasons	11.4	12.6
An agreement with spouse or partner	2.5	6.0

Note(s):

Estimates are for the civilian, non-institutionalized population aged 55 to 80 years in June 2023 and are not seasonally adjusted.

Source(s):

Labour Force Survey Supplement (3701), custom tabulation.