The table compares the average period of retirement in both genders across six different countries – Australia, the US, Japan, Italy, France, and Korea – in the year 2003.
Overall, men retired at the oldest period of their age in Korea, while in France they showed the earliest retirement. Women in Korea was the oldest again, while their monthly retirement was the highest in all six nations.
Focusing first on the figures for men, they retired at the age of 68 in Korea, closely followed by Japan, at 67. While Australia and the United States ranked second with the age of 65 and 64, Italy and France represented considerably lowest years, at 58 and 57, respectively. When it comes to average months of retirement among men, Korea topped the list again, accounting for 8 months. This figure then closely followed by the US, at 6 months. Despite having the lowest ages among men in France, France and Japan ranked third, with mirroring each other at 4 months. Italy and Australia, on the other hand, recorded somewhat similar figures, at 2 and 1 respectively.
As for the average retirement age of women, there were slightly lower figures compared to men. They registered a considerable figure in Korea at 67, with Japan ranking second at 66 years. Those who retired in the US recorded 64 years, just behind Australia’s average retirement at 63. Meanwhile, Italy and France followed similar patterns again, at 57 and 56, respectively. Regarding the average months of retirement among women, Japan and France ranked first, reaching 9 months significantly, Australia following closely at 5 months. The remaining nations, however, registered considerably lower figures, with Italy at 3 months, the United States and Korea at 2 months.
