The provided table outlines the average retirement age for males and females in six different countries in the year 2003.
Overall, females retired at an earlier age than males in all of the countries. Furthermore, the retirement age for males varied significantly across the six countries, with Italy and France having the lowest average retirement age for males and Korea having the highest. For females, Italy and France also had the lowest retirement age, while Korea and the USA had the highest.
Looking specifically at the data for males, the retirement age ranged from 57 years and 4 months in France to 68 years and 8 months in Korea. Italian men retired at the age of 58 years and 2 months, while Australian men retired at 64 years and 1 month and American men at 65 years and 6 months. Japanese men retired at an average age of 67 years and 4 months, showing a disparity of 16 months compared to Korean men. This indicates that Korean men had the latest average retirement age among the countries studied.
Turning attention to the data for females, it is evident that women retired at a younger age than men in all six countries, with retirements taking place approximately one year earlier than their male counterparts. In France and Italy, the average age of retirement for females was 56 years and 9 months and 57 years and 3 months, respectively. Australian and Japanese women retired at the age of 63 years and 5 months, and 66 years and 2 months, respectively, with a 7-8 month difference compared to their male counterparts. Conversely, in Korea and the USA, women retired a year earlier than men.