The table reckons the median age at which denizens of various nations announced their retirement in the year 2003. The comparison is made between males and females.
To scrutinise the data, in every country, women were taking retirement earlier than men. Besides, Koreans were more workaholic than other nations, whereas the French declared their retirement the earliest.
Considering the males, Citizens of France took the retirement at an average age of 57years and 4 months, while Italian men worked for 10months more than it before retiring. Likewise, Australia inhabitants decided to leave their jobs permanently at the age of 64.1, whereas the Americans gave up their jobs at 65.6 years’ age. Lastly, there was a disparity of 16 months between Japan( 67.4 years) and Korea(68.8 years) in terms of taking the retirement.
Probing the data of women, in all countries ladies were declaring their retirement approximately one year earlier than their male counterparts. In France and Italy , the mean ages of retired women were 7months and 11 months earlier. Likewise, in Australia and Japan, retired women’s age was 7-8months early than men. Conversely, only in Korean and the USA, ladies stopped working one year before than gents.