The table depicts the typical age of retirement of both genders in different nations in 2003.
Overall, the average retirement age of Koreans in both sexes 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 Japan, the US and Australia, which stopped working at over 67, 65 and 64 years, respectively. Moreover, the standard age for ending professional careers in Italy was 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, once again, the highest average retirement age was also witnessed in Korea at over 67 years old, which was precisely three years older than that of the US. Furthermore, at 66 years plus three-quarters of a year, Japanese residents entered their pension 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 approximately 57 years old.
