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Statistics Canada - Government of Canada

Table 2.2.14
Recent retirees1: Current financial position compared to the year prior to retirement, by selected characteristics, Canada 2002
  Worse Same Better Total
percent
Total 33.5 53.8 12.7 100.0
Men
31.7 54.6 13.7 100.0
Women
35.5 52.9 11.6 100.0
Nature of retirement
Voluntary
27.4 58.8 13.8 100.0
Involuntary
49.6 40.6 9.8 100.0
Health at retirement
Excellent
26.7 58.3 15.0 100.0
Very good
28.8 58.4 12.8 100.0
Good
33.8 55.0 11.2 100.0
Fair/Poor
48.8 40.4 10.7 100.0
Current Household Income
Less than $20K
44.0 44.6 11.5 100.0
$20 to 29K
36.0 54.1 9.9 100.0
$30 to 39K
35.9 51.3 12.8 100.0
$40 to 59K
31.2 57.0 11.9 100.0
$60K and over
25.2 57.2 17.6 100.0
Missing
33.5 55.1 11.4 100.0
Immigration status
Canadian-born
30.0 56.0 14.0 100.0
Immigrant
44.5 46.8 8.6 100.0
1. Recent retirees are individuals who retired during the years 1992 to 2002 inclusive and who were 50 years of age or older when they first retired. Respondents were asked: Compared to the year before your retired, would you say that you are now better off financially, worse off, or about the same?
Source: Statistics Canada, General Social Survey, 2002.