According to the RBC 2013 Retirement Myths & Realities Poll, a large majority (80 percent) of Canadians believe they will get to choose the day they retire, but in reality 41 percent of retirees report they didn’t leave on a date of their choice.

Mostly people retired because their employer asked to, the main reason is health problem. They are always given retirement notice about one year before they really retired. Not surprisingly, most of them enjoy the retirement. They have worked for the company for almost 1/3 of their lifetime, they do need to retire to enjoy their life.

It is reported some parents just delayed to retirement in order to support their children’s education fees. So in the modern society , the high pressure may lead people hard to enjoy their life even though they are able to do so.

In my opinion, people retire earlier isn’t a good idea for the company in some aspect. For example, the company will lose the most experienced worker if they retired earlier. It somewhat cause the brain drain.

But for the employees, I strongly agreed they should retire early and come to enjoy their life.

You can never control the date you retire, but you can make a perfect plan. So you can better prepared financially.

source:http://www.bnn.ca/News/2013/11/15/Retirement-may-come-sooner-than-you-think.aspx