Registered Practical Nurse (RPN) Practice Test

What percentage of adults in Canada retired before the age of 60 from 1997 until 2005?

1. 35%

2. 42%

3. 50%

4. 60%

The correct answer is: 42%

Choosing 42% as the percentage of adults in Canada who retired before the age of 60 from 1997 until 2005 reflects an understanding of demographic trends and data regarding retirement. During this time frame, many factors influenced early retirement, including changes in pension plans, shifts in the job market, and personal circumstances leading individuals to exit the workforce sooner. This statistic signifies a notable phenomenon where a significant portion of the adult population opted for early retirement, which can have implications on the economy, social security systems, and health care services. Understanding these percentages is essential in assessing the broader impacts of retirement trends on societal structures, including how retirement policies may need to adapt to changing demographics. In contrast, the other options represent different interpretations of the data. While 35%, 50%, and 60% indicate varying levels of early retirement, they do not align with the established percentage during the specified years, showcasing the importance of accurate data analysis in determining retirement demographics.