Retirement—what once conjured stereotypical images of slowing down has been redefined as a time for growth and potential. RTOERO has been supporting retirees from Canada’s education sector for more than 50 years. We’ve watched the evolution of retirement. And now, with our Future retirees report, we’re tracking and sharing the insights with you.
Our first Future retirees report captures input from more than 900 future retirees from Canada’s education sector. Ninety-two per cent of respondents are retiring in the next year to five years. This report provides a snapshot of how people feel about their readiness for retirement, the information they need and how the pandemic influenced their plans.
The pandemic has accelerated retirement plans for some from the education sector. Thirty per cent of respondents told us they’re either considering retiring sooner or have decided to retire sooner.
Respondents said that practical to-do information is their top need for retirement planning.
Most people feel they’re emotionally ready for retirement.
Learning remains a priority as people approach retirement. Wellbeing at work and personal growth top the list of topics of interest for pre-retirees.