The provided table illustrates the average age at which men and women retired across six different countries in 2003, with figures measured in years and months. Overall, South Korea recorded the highest retirement ages for both genders, while France registered the lowest figures.
Starting with the countries with the highest retirement ages, South Korea topped the list for both genders, with men retiring at an average age of 68 years and 8 months and women at 67 years and 2 months. Japan followed closely in second place, where the figures stood at 67 years and 4 months for males and 66 years and 9 months for females. The United States and Australia ranked third and fourth respectively; in the former, men retired at 65 years and 6 months compared to 64 years and 2 months for women, while in the latter, the corresponding figures were slightly lower at 64 years and 1 month and 63 years and 5 months.
In contrast, the two European nations recorded significantly lower thresholds. France had the lowest average retirement age overall, at 57 years and 4 months for men and 56 years and 9 months for women – roughly 11 years earlier than in South Korea. Similarly, Italian citizens exited the workforce relatively early, with average ages of 58 years and 2 months for males and 57 years and 3 months for females.