Retirement shouldn’t be mandatory at 65
Not everyone had the opportunity to find steady work or secure good paying jobs that afforded them a decent paying retirement. A lot just scraped by. Until you are retirement age you may not understand that putting a nest egg away for retirement is not as easy as you think. Many have to dip into that egg and many have spent that egg trying to survive.
If the old age pension and Canada pension paid enough to survive comfortably, and my emphasis is on comfortably a lot more would love to retire. But the old age pension doesn’t really go up enough to afford maintaining your own home or affording rent in a quality apartment. Making better financial decisions wasn’t the answer when the jobs that afforded this luxury just were not there.
So should mandatory retirement be enforced at 65? Sadly no because some of us will have to work if we are physically able to until the day we die, and that folks is a fact.