Boomers don't object to term 'retirement': Survey

But many don't want to be called 'retirees'
||Last Updated: 01/08/2008

Canada’s baby boomers may be redefining what retirement means but they don’t mind calling life after work exactly what it is, according to a new survey.

The survey of 2,055 adults by financial services firm Investors Group found 91 per cent of respondents don't object to the use of the word “retirement.”

“Canadians are still comfortable using the word 'retirement' especially as old-fashioned thinking about aging and quality of life is being replaced by a new outlook on what it means to be retired,” said Debbie Ammeter, vice-president of advanced financial planning at Investors Group.