The table compares the retirement ages of men and women in six different countries in 2003. Overall, men consistently retired later than women in all six countries. Moreover, in Asian countries, namely Korea and Japan, people would leave the workforce relatively later, which was followed by the developed countries like the US and Australia. In contrast, Italy and France recorded the lowest retirement ages.
In Korea and Japan, people worked until their late sixties. In the former country, men left the workforce at an average age of 68 years and 8 months, just over a year later than their Japanese counterparts (67 years and 4 months). The United States and Australia followed closely, with men retiring at 65 and a half and 64, respectively.
The remaining two countries had notably lower retirement ages, with men leaving the workforce before reaching 60. While in Italy, men were, on average, 58 years and 2 months old when they retired, the figure was at 57 years and 4 months in France, making the French the youngest retirees in the list.
As for women, they generally retired approximately one year earlier than men across all six countries.