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How Canadians will spend their golden years

Many call the phase of their lives exciting

Amanda Wawryk Nov 23, 2010 08:38:01 AM

VANCOUVER (NEWS1130) - The first group of Canada's boomers will turn 65 next year, but don't expect them to pull out the knitting needles.  A survey shows they are gearing up and not shifting down.

Most Canadian boomers disagree with Paul McCartney's song 'When I'm 64.'  They say they won't be knitting by the fire and taking quiet Sunday drives.  The Investors Group poll found about 61 per cent of boomers are looking at retirement as an exciting new stage in their lives.

While 58 per cent say the lack work means they'll have more time for hobbies and travel.  But about 40 per cent will rely on their spouse for financial support.

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