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Reading: ‘It’s simply an excessive amount of’: Ontario senior unretires to battle excessive price of residing
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The Wall Street Publication > Blog > World > ‘It’s simply an excessive amount of’: Ontario senior unretires to battle excessive price of residing
World

‘It’s simply an excessive amount of’: Ontario senior unretires to battle excessive price of residing

Editorial Board Published June 17, 2025
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‘It’s simply an excessive amount of’: Ontario senior unretires to battle excessive price of residing
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Jane Woodcock says when her husband died in 2018, she rapidly realized she didn’t have sufficient revenue to assist herself and their 5 animals.

In 2019, simply earlier than the COVID-19 pandemic hit, the 68-year-old Woodcock began to see the worth of all the things rise, main her to discover a job as a cleaner to assist cowl prices.

“I thought I’d be retired because my husband died seven years ago and before that I wasn’t working, he was working and supporting both of us and all the animals,” she stated.

A 2024 report from Resume Builder discovered that 4 in 10 working seniors have unretired.

Click to play video: '‘My paycheck might only cover daycare’: Ontario family struggles as cost of living climbs'

1:19‘My paycheck might only cover daycare’: Ontario household struggles as price of residing climbs

The report reveals that 39 per cent of seniors who’re employed have returned to work after retirement, whereas the opposite 61 per cent have by no means retired.

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The report says the highest purpose seniors are returning to work are the price residing will increase and inadequate retirement financial savings.

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Woodcock has two canine, two cats, and a potbellied pig, and says meals to feed herself and her pets is getting uncontrolled.

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“Every time I go into the grocery store stuff that I was always buying before; it’s like double the price and just piss me off,” she remarked.

Woodcock estimates she spends $400 a month only for meals on the pig, whereas prices for the opposite animals additionally skyrocketed “ridiculously” excessive.

She has additionally needed to make laborious cuts in different areas of her life, like eliminating cable and being cautious when she runs her heating and air con.

“People should be able to live properly. If you’re hot, you should be allowed to turn on the air conditioner, if you’re cold turn up the heat…. It’s just too much,” she stated.

Between her job and survivors pension she will get from her late husband, she has about $4,000 a month to cowl bills however she stated between nonetheless has a mortgage, to paying for insurance coverage and meals that rapidly disappears.

“It’s a mix, and it’s still not enough.”

TAGGED:costfightHighLivingOntarioSeniorunretires
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