5 Countries With the Lowest Retirement Age
5. Japan: 62.7
In Japan, the retirement age was raised in 1998 from 55 to 60, and has been rising ever since. Currently it stands at 62.7, but by 2025, it’s expected to be 65 for both men and women. And at present it has the oldest population in the world.
4. India: 60
At present the official retirement age in India is 60, and in the private sector it recently rose from 58 to 60. And although it has increased, the report says, many older Indians have continued to work past official retirement due to rampant poverty and familial obligations. Thus the actual retirement age has changed very little. (Photo: AP)
3. Russia: 57.5
And Senegal, Mozambique and Madagascar, too, all at 57.5.
Russia didn’t change retirement ages when it overhauled its retirement system in 2002 from pay-as-you-go to an earnings-defined contribution system, but the report says, “Putin recently signed a law raising the retirement age for state officials — 65 for men and 63 for women. No other plans/increases are being considered.” (Photo: AP)
2. China: 56.25
China has the second lowest age for retirement, at an average age of 56.25.
The report says that since 15% of the total population is already at retirement age or even older, there are rumors of changing the age to help combat the effects of an unbalanced labor population. In addition, the Chinese government plans to gradually increase the official retirement age (a few months every year) to offset the effects of an aging population.


1. United Arab Emirates: 49
Natives of the UAE have an official retirement age of 49, although expats — non-UAE nationals — have to stick it out till age 60. And those non-UAE nationals are discouraged from staying in the country, once they do retire, by “certain policies” that forbid it.
5 Countries With the Highest Retirement Age
5. Australia: 65
Australia’s at 65 (and so is Belgium). But Australia has raised the retirement age to 67 for those born after 1957, and those still in the workforce plan to retire later rather than sooner, with 65 the average age at which they expect to retire. (Photo: AP)
4. Netherlands: 65.75
At 65.75 years old, the Netherlands’ retirement age is approaching the higher end in Europe. But in that range between 65 and 66 also fall Finland, at 65.25, France, at 65.3, and Germany and Spain, both at 65.4. (Photo: AP)
3. United States: 66
Not just the U.S., but also Italy, Denmark and Ireland come in at 66 for an official retirement age — although Portugal comes close, at 66.25. The average retirement age in the U.S. is actually 63. And while the retirement age in the U.S. has risen since the 1990s, the report points out that the 65+ population “tends to switch to part-time work.”


2. Iceland: 67
The retirement age in Iceland is 67, but the average male Icelander actually retires at the age of 68.5. Strong disincentives for early retirement and, in return, incentives for retiring later encourage a longer working life.
1. Norway: 67.75
At 67.75 years old, Norway has the highest average age for retirement, with people retiring at 62–75 years old if they’re receiving an earnings-related pension and 67 years old for the national pension.
And while 67 has been the official retirement age since the 1970s, Norway has established “flexible retirement” for earnings-related pensions — Norwegians can draw pensions as early as age 62.

(Related: 11 Affordable Small Towns for Retirement Abroad)

If you’re looking forward to retirement, you’re not alone — but if you’re in the U.S., you won’t be retiring as early as folks in other countries.

In fact, according to a study from Aperion Care, Americans have to work longer than people in a number of other countries — and you might turn green with envy over the lowest retirement ages.

Or not — that will depend on how eagerly you can envision yourself living in some far-flung places where the retirement age might be lower, but where the climate — both political and environmental — might not feel so comfortable to Americans.

Aperion researched the official retirement ages for people around the world, as well as retirement policies in some countries.

It then created an interactive graphic to give people an idea of where workers slave away longest and where they cut loose (or are compelled to retire) the earliest.

In searching out everything from policies to statistics, it relied on sources including the World Bank, the Social Security Administration, the Guardian, the Arab Weekly, the Independent, the Singapore government, the OECD, National Public Radio, Japan Times, the UAE, and numerous others.

For an enlightening view of retirement’s arrival, read on — we chose the 5 lowest and 5 highest retirement ages of countries for which more information is available, to give you an idea of the range of ages at which people in other countries leave their jobs for good.

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