Those born in 1946 are turning 62 this year,
the current average retirement age of Canadians.
Compared to
the current average retirement age of 62 [1], today's college graduates will work 13 years longer.
Not exact matches
For our example, we'll assume an
average 3 % annual inflation rate, a
current age of 25 and
retirement age of 65, giving us 40 years until
retirement.
To determine your working years, the life insurance company you apply with will subtract your
current age from the
average retirement age.