The given table illustrates the age that males and females are retired, derived from six countries in 2003.
In general, on average, men stayed in the workforce longer than their female counterparts in all included countries. Moreover, the highest average year of retirement in both sexes was in Korean, whereas the opposite was true in the case of French.
In 2003, the retirement age for men living in Korea was typically at a remarkable peak, with the retired age being 68 years old and 8 months, closely followed by Japanese and Italian men with a 1 – 2 years difference. Furthermore, the average age of exiting the workforce in the United States, Australia was respectively 65 years 6 months and 64 years 1 months. The lowest retirees came from France, where they already retired at the age of 57 years 4 months.
In terms of women, those from Korea generally entered retirement at the average age of 67 years 2 months, the oldest among all countries listed. Notably, there was no difference in the figures for both Japanese and Italian workers, who approximately stopped working at 66 years and 9 months. American women became retirees at 64 years and 2 months whilst Australian women retired sooner than 9 months. Ultimately, the figure demonstrated for French women remained at an early retirement, stepping away from their careers at an average age of 56 years and 9 months.