Page1 2 The variations when it comes to the average retirement age in the world countries is normally attributed to things such as institutional differences affecting different individual’s incentive to retire. Because different workers in differing countries retire naturally at varying ages, the occupations composition within any particular economy matters a lot when it comes to setting the average retirement age. Research suggests that the difference in occupations worldwide can help to explain up to thirty nine percent cross country retirement age variations at any one given time. In this regard, listed below are some of the countries around the globe with the lowest retirement ages.
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