The federal government has proposed changing the eligible age for Old Age Security Pensions from 65 to 67.
The idea doesn't sit well with Canadians who were looking forward to retiring soon.
"That wouldn't go over well with me," Mechanic John Kramps said, "the idea of working until you're 67,"
The Conservatives have said they were considering the move to reduce Canada's deficit.
"We do have the opportunity to look ahead," Prime Minister Stephen Harper explained.
"To look at the challenges that these programs face in the future and to make sure these programs will be available and will be viable for the future generations that need them."
During Monday's question period the opposition pounded Harper with questions about the changes.
"Is the Prime Minister committed to sustaining seniors or is he committed to breaking his election promises and breaking faith with the people of Canada," Interim leader for the Liberal Party Bob Rae asked.
An Edmonton financial adviser said the move was a long time coming and shouldn't surprise Canadians.
"You can't rely on government, I think, going forward, to fund your retirement," David Salloum of RBC told CTV News.
He said people needed to be more responsible for their own finances.
"Make sure that your RSP is topped up, that you've got the DFSAs open and they're all topped up" he advised.
Salloum pointed out the Old Age Security Pensions only paid $540 per month.
"The time I'm 65 there's not going to be much left," Kramp said.
"There'll probably be enough to live off."
He added he didn't start investing in his retirement until he was nearly 40 but hoped his RSPs and company pension would be enough.
With files from Ashley Molnar
