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Aging ‘Silver tsunami’ delayed in Canada

Friday, December 31st, 2010

December 31, 2010
the so-called “silver tsunami” is indeed headed our way and could swamp our health-care and pension systems — but we’re unlikely to feel the major impact of Canada’s roughly 10 million boomers for a few years yet… largely because life expectancy has shot up more than a decade during the boomer’s lifetime, to 78 for men and 83 for women. “At 65, you’ve now got about 17 years ahead of you, so people aren’t going to quit work, sit on their rear ends and collect a pension.”

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