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The Youngest vs. Oldest Retirement Age

Postby germainebull » 20 Aug 2025, 03:08

I was just thinking about how different things are around the world, and a random thought popped into my head: what's the deal with retirement ages in different countries?

I did a little digging and the contrast is pretty wild. On one end, you have countries with a much younger retirement age. It looks like places like Indonesia and Turkey have official retirement ages in the late 50s. Some reports even mention that in countries like Saudi Arabia, certain workers can access their full pension benefits as early as 47. That's almost a full working career for some people!

Then, on the other side of the coin, you have countries where people are working well into their late 60s and even 70s. It seems like a lot of European countries are in this category. Libya currently has an official retirement age of 70, and places like Greece, Italy, and Iceland are all at 67. The U.S. is not far behind, with its retirement age just under 67.

It's fascinating to see this huge range. I know a lot of it has to do with things like life expectancy, the economy, and the sustainability of pension systems, but it's still a stark difference. Can you imagine retiring at 47 and having a full life ahead of you without work? Or on the flip side, working until you're 70?

What do you all think about this?
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Re: The Youngest vs. Oldest Retirement Age

Postby Fergal » 23 Aug 2025, 05:21

The retirement age in Ireland is about 66, some employment contracts have a mandatory retirement age of 65. However, many poeple work later and work well into their seventies. Others are in a position where they have managed their money carefully and can retire much earlier, in their fifties. It also depends on what job you work at, for example, fishermen can retire much earlier and start receiving a pension, earlier than other workers.
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Re: The Youngest vs. Oldest Retirement Age

Postby germainebull » 15 Nov 2025, 14:00

Fergal wrote:The retirement age in Ireland is about 66, some employment contracts have a mandatory retirement age of 65. However, many poeple work later and work well into their seventies. Others are in a position where they have managed their money carefully and can retire much earlier, in their fifties. It also depends on what job you work at, for example, fishermen can retire much earlier and start receiving a pension, earlier than other workers.


The Irish retirement story is very interesting. Officially, it is around 65 to 66, but the reality is different. Some people continue to work until their seventies without stress. Others have planned their finances well and are retiring early. Jobs also have influence, such as fishermen, who can retire earlier and receive a pension faster than other sectors. It depends on your hustle and how you have planned financially. Your retirement will be smooth and without drama.

--- 15 Nov 2025, 17:02 ---

Fergal wrote:The retirement age in Ireland is about 66, some employment contracts have a mandatory retirement age of 65. However, many poeple work later and work well into their seventies. Others are in a position where they have managed their money carefully and can retire much earlier, in their fifties. It also depends on what job you work at, for example, fishermen can retire much earlier and start receiving a pension, earlier than other workers.


The Irish retirement story is very interesting. Officially, it is around 65 to 66, but the reality is different. Some people continue to work until their seventies without stress. Others have planned their finances well and are retiring early. Jobs also have influence, such as fishermen, who can retire earlier and receive a pension faster than other sectors. It depends on your hustle and how you have planned financially. Your retirement will be smooth and without drama.
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Re: The Youngest vs. Oldest Retirement Age

Postby bestwriter » 16 Nov 2025, 01:52

Here in India the retirement age is 58 and sometimes 60. I gave up working when I was 45.
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Re: The Youngest vs. Oldest Retirement Age

Postby suny » 16 Nov 2025, 03:41

The retirement age in India differes in different sectors. Government employees retire from 58-64 depending on departments they serve and then extensions are given to some worthy workers. In private sector there is no retirement age. I have seen during my travel, in some countries people keep working even at 75 and above depending on their capacity and capability.
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Re: The Youngest vs. Oldest Retirement Age

Postby Tendz » 16 Nov 2025, 08:23

Retiring at 47 sounds nice, but it needs strong savings or pensions to work.
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