Where People Retire the Youngest Around the World

When you can expect to retire and how long you’ll spend out of the workforce has a lot to do with where you live. Cheapism used data from the Organization for Economic Cooperation and Development to identify 30 countries where the normal retirement age is younger than that in the United States and see how many years men and women there are expected to spend retired. There isn’t always a direct correlation. Some of it has to do with life expectancy, of course, but social, political, and economic factors also affect the calculations. One pattern, however, is constant globally: Men almost never retire younger than women, or spend more years in retirement.

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Turkey

Normal retirement age by gender:

• Men: 51
• Women: 48

Expected number of years in retirement:

• Men: 15.3
• Women: 19.8

South Korea

Normal retirement age by gender:

• Men: 61
• Women: 61

Expected number of years in retirement:

• Men: 12.9
• Women: 16.3

Slovenia

Normal retirement age by gender:

• Men: 62
• Women: 61.7

Expected number of years in retirement:

• Men: 19
• Women: 25.6

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Luxembourg

Normal retirement age by gender:

• Men: 62
• Women: 62

Expected number of years in retirement:

• Men: 22.3
• Women: 25

Greece

Normal retirement age by gender:

• Men: 62
• Women: 62

Expected number of years in retirement:

• Men: 21.8
• Women: 26.4

Slovak Republic

Normal retirement age by gender:

• Men: 62.2
• Women: 62.2

Expected number of years in retirement:

• Men: 17.8
• Women: 23.4

Latvia

Normal retirement age by gender:

• Men: 62.8
• Women: 62.8

Expected number of years in retirement:

• Men: 13.9
• Women: 19.7

Czech Republic

Normal retirement age by gender:

• Men: 63.2
• Women: 62.7

Expected number of years in retirement:

• Men: 17.7
• Women: 22.8

France

Normal retirement age by gender:

• Men: 63.3
• Women: 63.3

Expected number of years in retirement:

• Men: 22.7
• Women: 26.9

Estonia

Normal retirement age by gender:

• Men: 63.3
• Women: 63.3

Expected number of years in retirement:

• Men: 15.4
• Women: 20.1

Hungary

Normal retirement age by gender:

• Men: 63.5
• Women: 62

Expected number of years in retirement:

• Men: 15.9
• Women: 22.9

Lithuania

Normal retirement age by gender:

• Men: 63.6
• Women: 61.9

Expected number of years in retirement:

• Men: 15.1
• Women: 22.1

Austria

Normal retirement age by gender:

• Men: 65
• Women: 60

Expected number of years in retirement:

• Men: 19.3
• Women: 25

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Poland

Normal retirement age by gender:

• Men: 65
• Women: 60.8

Expected number of years in retirement:

• Men: 17.8
• Women: 24.3

United Kingdom

Normal retirement age by gender:

• Men: 65
• Women: 62.7

Expected number of years in retirement:

• Men: 18.9
• Women: 22.2

Switzerland

Normal retirement age by gender:

• Men: 65
• Women: 64

Expected number of years in retirement:

• Men: 18.8
• Women: 22.6

Japan

Normal retirement age by gender:

• Men: 65
• Women: 64

Expected number of years in retirement:

• Men: 15.5
• Women: 21

Sweden

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 18
• Women: 21.3

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Spain

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 21.7
• Women: 26.6

New Zealand

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 15.6
• Women: 20.5

Mexico

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 12.8
• Women: 17.5

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Finland

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 19.1
• Women: 23.5

Denmark

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 17.8
• Women: 22.7

Chile

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 14.7
• Women: 19.7

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Canada

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 18.9
• Women: 23

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Belgium

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 21.1
• Women: 25.5

Australia

Normal retirement age by gender:

• Men: 65
• Women: 65

Expected number of years in retirement:

• Men: 19.8
• Women: 23.3

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Portugal

Normal retirement age by gender:

• Men: 65.2
• Women: 65.2

Expected number of years in retirement:

• Men: 15.7
• Women: 21.6

Germany

Normal retirement age by gender:

• Men: 65.5
• Women: 65.5

Expected number of years in retirement:

• Men: 19.1
• Women: 22.5

Netherlands

Normal retirement age by gender:

• Men: 65.8
• Women: 65.8

Expected number of years in retirement:

• Men: 18.6
• Women: 23.4

United States

Normal retirement age by gender:

• Men: 66
• Women: 66

Expected number of years in retirement:

• Men: 16.4
• Women: 19.8