What's the age of retirement in your country?

@SomeCowgirl (32270)
United States
November 11, 2008 11:26am CST
I'm not sure why but that question popped into my head not to long ago. Sad to say, I am not sure what the current age of retirement is in the United States, but I believe it's gone up. If you are aware of what it is for The US please tell me. As for other countries, what's the age of retirement for you, or if it's not called retirement what is it called.
1 person likes this
6 responses
@oldboy46 (2132)
• Australia
19 Nov 08
Ther is actually no legislation here in Australia that says a certain age a person has to retire, so here a person can continue to work as long as they want to and someone will employ them. However a person can get the aged pension here when they reach 65, although if they keep on working and do not claim the pension the are entitled to a bonus lump sum payment from the government for every ear they do not claim the pension between 65 and 70. We have one friend who will be 70 in January and plans to retire then and he will get his bonus. War veterans can retire at 60 and receive their pension then if they choose or they can continue working till they are 65 and still get the bonus lump sum. The reason for this is because statistics show that on average the war veteran will die much younger than the general population who has not been to war. Pensions here are granted based on assets and income and they have a sliding scale it is worked out on. The family home is the only thng that is not included in the assets but everything else is.
@SomeCowgirl (32270)
• United States
19 Nov 08
That sounds like an interesting way to work everything out. I think that it's great though, and that people can work for as long as they can..
@ANTIQUELADY (36488)
• United States
11 Nov 08
i think u are right. it was 65 but someone said they had changed it to 70. you could start drawing your socail security at 62 , i did. don't know if they have changed that or nnot. i had to retire at 62 on account of bad health & i'm sure they have changed alot of things since then.
1 person likes this
@SomeCowgirl (32270)
• United States
12 Nov 08
I thought it was either 70 or 72 that it went up to, but other then that I wasn't / am not really sure. I appreciate the response.
@jackiew (915)
• Canada
11 Nov 08
In canada the age of retirement is 65,but i know they can take early retirement without a full pension at 60.
1 person likes this
@SomeCowgirl (32270)
• United States
12 Nov 08
yes early retirement. I'm not sure about the age of that here in the US either. I appreciate the response.
@Shar1979 (2723)
• United States
11 Nov 08
I'm not really sure. I think in the Philippines it's around 60 years old. But I'm not really sure. Maybe in between 55-60 years old.
1 person likes this
@SomeCowgirl (32270)
• United States
11 Nov 08
Don't feel bad, i'm not sure what the US's is either. I think that for most countries it's about the same, but who's to say truly. I appreciate the response!
@SketcherD (1114)
• Canada
11 Nov 08
It is 65 in Canada. I know this because my parents are 67 and they just started receiving their pensions a couple of years ago.
1 person likes this
@SomeCowgirl (32270)
• United States
11 Nov 08
Oh okay, not to far off from what the US is. Although I'm not certain, the person above believes it's 60 but I think it's gone up to 64 now that you say Canada's is 65. I guess if all else fails I can find out. I appreciate the response though!
• India
11 Nov 08
well i am from india and tjhe retirement age over here is 60. why r u interested is it that u are nearing it i think in usa its also 60 but i am not very sure
1 person likes this
@SomeCowgirl (32270)
• United States
11 Nov 08
I think it used to be sixty but I am not sure if it is sixty here anymore. No, I am not nearing the age of retirement but my fiance's father is. That's not really why I asked, I just thought it would make an interesting discussion.