The Business Pursuit

kiplinger: theeconomist: Daily chart: fun with pensions. Pensionable ages have failed to keep pace with longevity—this comes at an increasing cost to the state. In 1970 the average Frenchman entering retirement could expect to live for just over ten years. Now he could expect to live for 23. Yikes, check out the U.S. line. The average American lives nearly 20 years past official retirement age. (Also, Japan and Italy retire by 50?!)

kiplinger:

theeconomist:

Daily chart: fun with pensions. Pensionable ages have failed to keep pace with longevity—this comes at an increasing cost to the state. In 1970 the average Frenchman entering retirement could expect to live for just over ten years. Now he could expect to live for 23.

Yikes, check out the U.S. line. The average American lives nearly 20 years past official retirement age. (Also, Japan and Italy retire by 50?!)

  1. ideiasportugal reblogged this from theeconomist and added:
    The #Economist (1-year auto-renewal)