It is revealing to compare retirement ages and pension contribution participation rates among various countries. Interestingly, Mexico is officially the oldest in actual numbers (72.2) and France the youngest (59.1).
When we look at participation rates, Turkey has decreased significantly in the past 25 years, while New Zealand tops both Japan and the USA.
Moving on to looking at how many people are working to support 1 retiree, this has shrunk greatly since 1970 (lightest large blue) and will barely be tenable as projected into 2050 (small dark blue). Most of Europe is very low and Japan will require 1.2 people to support 1 retiree!
Complete narrative at The Economist article linked here
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