19 Sep 2012

Retiring trends for Canadians

According to recent data from Statistics Canada, the average retirement age of public sector workers is not 60, but is 66 for self-employed Canadians.

Canadians, especially self-employed and those closing in on retirement, should consider self storage units to run their business out of or store extra items that are cluttering up an office.

“People who are self-employed often work into their senior years, if they can control their hours and client base,” Fred Vettese, chief actuary at the Toronto office of Morneau Shepell — the largest firm providing human resource consulting and outsourcing services in Canada, told the Toronto Star.“Many still want to be engaged in the workforce because it provides mental and social stimulation, plus they enjoy doing something that makes them feel useful.”

A self storage unit could be a good way to phase into retirement as well. The 2012 Sun Life Canadian Unretirement Index Report showed that 48% of Canadian workers surveyed expect to have a phased retirement.

In addition, the third annual RBC Retirement Myths and Realities Poll showed that 85 percent of Baby Boomers who had not retired yet, and have financial assets of $100,000, believe they will have a choice when to retire but only 62 percent of them actually do.

Self storage can be a smart way to hang on to valuable items without taking up room in a house or apartment. For Toronto storage solutions, there's no better than Jiffy Self Storage. Those interested in self storage should check out the affordable rates on Jiffy's website, where they can also enter to win a free iPad 3.

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