CANADA: The New Mantra: Work Until You Die

TORONTO, Ontario (Globe and Mail), October 18, 2007: It used to be that people worked hard so that they could retire to a life of leisure. Now it seems that a wave of aging Canadians are retiring, and then working just as hard at a second career during what should be their golden years. Forget leisurely days of sailing, late lunches and rounds of gold. According to a survey of 304 baby boomers by polling firm Ipsos Reid for Bank of Montreal, 15 per cent who either retired early to start their own business or who plan to do so said they expect to work for themselves "until they die." One in five, or 21 per cent, of the boomers polled said they expect to run their own business for more than a decade while just 16 per cent said they will work less than five years. © Copyright 2007 CTVglobemedia Publishing Inc.