Business Resilience Declines: Key Insights from the Manulife Retirement Survey in Toronto, Ontario, Canada
Tuesday, 22 October 2024, 08:49
Exploring Retirement Timing's Impact on Financial Stability
The business landscape in Toronto, Ontario, Canada, faces challenges as a recent Manulife survey unveils crucial insights into the business-labour relationship. The report highlights that the timing of retirement significantly impacts financial resiliency. Retiring early may result in reduced financial stability for many retirees, especially those who did not plan their exit.
Key Findings from the Manulife Survey
- Early retirees report varying financial experiences
- Planned retirements correlate with better financial outcomes
- Unexpected retirements strain finances
This survey serves as a wake-up call for businesses to reassess their approach to retirement and employee transition strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.