The notion of retirement is slowly slipping away for millions of workers struggling to make ends meet.
Everyone looks forward to when their time is their own, but saving enough money to throw off the shackles of work proves to be a tough challenge for many.
That’s why retirement is more of a phased activity now than years ago when your 65th birthday signalled giving up work.
To find out which countries have the lowest and highest retirement ages, we had a look at the latest official data from almost 100 countries.
Table of contents
- Lowest Retirement Ages for Women
- Lowest Retirement Ages for Men
- Highest Retirement Ages for Women
- Highest Retirement Ages for Men
- Retirement Ages For Men And Women
- Pension Related Guide
- Related Articles
- Questions or Comments?
In many countries, the retirement ages for women tend to be lower than for men.
But governments are closing the gap by equalising retirement ages for men and women.
Lowest Retirement Ages for Women
It can’t be a coincidence that countries with or which have had a socialist regime tend to have the lowest state retirement ages for women.
In China, the retirement age averages 54 but can fall between a 50th and 55th birthday. Thus, retirement age is the lowest retirement age we could find in the world.
Other countries where women can clock off at 55 years old are Iran, North Korea, Uzbekistan, Venezuela and Vietnam.
Perhaps only Vietnam is a reasonable retirement destination out of these.
Countries with a retirement age of lower than 60 years old for women
Lowest Retirement Ages for Men
Men tend to have a longer working life in most countries.
Only four have a state retirement age that is less than 60 years old.
Sri Lanka leads the way with a retirement age of 55, but that’s still well-beaten by the womens’ retirement age of 50 to 55 in China.
Countries with a retirement age of lower than 60 years old for men
Highest Retirement Ages for Women
These are the highest retirement ages for women, although many countries are moving the age upwards.
During the transition period, a woman’s retirement age depends on her date of birth and may be higher in some countries than those listed below, i.e. 66 for women in the UK.
Highest Retirement Agesfor Men
Some European countries have lifted the state retirement age for men above 66 years old already.
Many nations are considering the rise for future generations, but few have made a move.
The oldest current retirement age for men is in The Netherlands – 68 years old.
Retirement Ages For Men And Women
This table offers a deeper dive into retirement age data from 92 countries.
|Bosnia and Herzegovina||65|
|British Virgin Islands||65|
|Trinidad and Tobago||60–65|
|United Arab Emirates||65|
Pension Related Guide
Make sure to check out these guides to understand your pension option as an expat:
Below is a list of some related articles, guides and insights that you may find of interest.
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