The table depicts the average age of retirement, of both genders, in different nations in 2003.
Overall, the average retirement age of Koreans in both genders was the highest. Additionally, men retired at a later age than women in all given countries.
Regarding males, the average age of retirement in Korea ranked first at 68 years and 8 months. This was followed by of Japan, the US and Australia at over 67, 65, and 65, respectively. Moreover, Italian citizens stopped working at a significantly younger age of over 58 years old, while the figure for France was the lowest at 57 years and 4 months.
Concerning females, the highest average retirement age was also witnessed in Korea at 67 years and 2 months, which was was precisely three years older than that of the US. Furthermore, at 66 and three quarters years old, Japanese residents entered their retired phase, whereas Australian women terminated their employment life earlier at nearly 63 and a half years old. Finally, the figures for Italy and France were fairly comparable at around 57 years old.
