Number of Canadian widows in early retirement years declines as male longevity increases

The number of Canadian widows in early retirement is decreasing. More men are surviving into their 70s and 80s, with male mortality rates dropping faster than those of women. In 1999, there were 70 men for every 100 women aged 75 to 79. By 2024, this ratio increased to 88 men per 100 women. For those aged 85 to 89, the ratio rose from 47 percent to 69 percent. These changes may lower costs for joint and survivor annuities, as husbands are living longer. Additionally, couples may spend more time together due to increased male longevity.