Jan 7 - Senior Years

Question 1

Define: Chronological age

Answer 1

the number of years a person has lived, Many consider that ‘old age’ starts at 65

Question 2

Define: Psychological age

Answer 2

a frame of mind and behaviours associated with one’s age

Question 3

Define: Social age

Answer 3

expectations of how we should act at a certain age and how we should interact with older and younger people

Question 4

Define: Physical age

Answer 4

the physical changes that occur with age, Affects how we perceive ourselves and are treated by others (self-esteem), Some social scientists suggest that ‘old age’ begins when physical disability sets in

Question 5

What is the retirement age in Canada? How has it changed over time, from the 70s?

Answer 5

1970s - early 1980s = 65
1987 = 60
2005 = 61 years

Question 6

What are 3 Sources of Retirement ‘Income’ for Canadians?

Answer 6

1. Government public pension (age 65); Guaranteed Income Supplement if individual has little or
   no other retirement income
2. Canada Pension Plan/Quebec Pension Plan (CPP/QPP); Payments based on how much an individual contributed over her/his lifetime of working
3. Private pensions and savings; Company pensions and RRSPs