In recent years the Canadian government has mandated the end of compulsory retirement. Lifestyles have changed, lifespans have increased and experience is essential in today's world. Statistics show that people want to continue working after age sixty-five and continue to contribute while still being able, as education has a significant impact on an individual's willingness to retire. In recent years, factors such as demographics, lifestyles and the financial market have increased the retirement age. End of Retirement In recent years individuals and companies have noticed that retirement age was becoming an issue. People did not have the desire or perhaps the financial support to be fired from their company at the age of sixty-five. Freedom Fifty-Five was becoming less and less of a reality and more and more of a nightmare for Canadians. In December 2006, the Canadian government reached the conclusion of abolishing the mandatory retirement age. “Before mandatory retirement rules were changed in Canada, an employer could come in and say 'you're over 65, clean your desk'” (CBC News Business, 2009). Traditionally companies have focused on reducing costs and hiring new employees with new ideas, yet companies have never valued experience, knowledge and relationships. “Today people live longer and have more active lives” (CBC News Business, 2009), individuals have the desire and need to work beyond the age of sixty-five. The qualities that the baby boom generation brings to organizations outweigh the costs
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