Almost A Third Of Americans Are Working Beyond Age 65

There is a huge disparity in employment rates among over 65s across different countries...

Infographic: Where People Are Working Beyond 65  | Statista

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As Statista's Niall McCarthy notes, a recent OECD report found that the highest rates of people working beyond 65 are in Asia with Indonesia particularly notable as having a 50.6 percent employment among those in the 65-69 age group. That figure is high elsewhere in Asia, standing at 45 percent in South Korea and 42.8 percent in Japan.

In contrast to Europe where there were widespread protests when the retirement age was raised even slightly, much of Asia has actually been supportive of increases in the mandatory retirement age. Reasons for support include everything from a desire to maintaing a fit and active life to more obvious concerns about finances.

New Zealand has no compulsory retirement age and it is another country with a high employment rate among older people with 42.6 percent of those aged 65 to 69 still working. The rate is far less in Australia at 25.9 percent while it's 31 percent in the United States.

In Europe where all those protests happened, the rate is lower still. In the United Kingdom, the employment rate for 65-69 year olds stands at 21 percent while in France and Spain, it is only 6.3 and 5.3 percent respectively.

Comments

WernerHeisenberg _SILENCER Thu, 12/14/2017 - 00:11 Permalink

From the land of 42.6% (both sexes) working after aged 65, it is really awful in NZ.  The "super" is not even enough to buy food.  The non cashed up 65+ demographic is working itself to death.  Yours truly will join that hopeless group in just 3 years.  Fortunately the Kiwi Parliament is now debating euthanasia.  It will be for the very unwell at first.  But many of the rest of us would like that option just to go out comfortably and peacefully when we are just too tired to work anymore.  The Edward G Robinson euthanasia scene in Soylent Green is our future - if we are lucky.

In reply to by _SILENCER

HRH of Aquitaine 2.0 spdrdr Thu, 12/14/2017 - 03:43 Permalink

Oh dear if there is one thing I have learned it is that there is only one person I can fix: myself. I am completely not equipped to save anyone, let alone fix them!

I have said this before: I am a big fan of prenups. Not optional, for me. Prerequisite. Anyone that says no will see me smiling and waving at them while I walk away.

In reply to by spdrdr

HRH of Aquitaine 2.0 ElTerco Thu, 12/14/2017 - 03:40 Permalink

Yeah! You nailed me!

Going to be a challenge, screening people. And having them screen me!

But you are absolutely spot on, I don't have much of a filter and am very direct and honest. Most people don't appreciate such honesty. They say they do. But it's not true.

I am always appropriate in public. My parents are from New England so I was raised to always be reserved, in public. I would never be one of those people that would cause a scene. Unless I was in fear of my life, I have that ice / cool demeanor in public. Pleasant but distant until you know me. That's the tricky bit.

In reply to by ElTerco

HRH of Aquitaine 2.0 ElTerco Thu, 12/14/2017 - 06:23 Permalink

Hahaha! I am quite passionate about ideas and arguing various viewpoints. But I don't know that I wear my heart on my sleeve. It is hard for me to be open with people. This is my second year posting here (nevermind about those other accounts that went dark) and I feel somewhat safe speaking my mind here.

The feedback here is immediate and brutally honest. I appreciate that. I find it refreshing that we can bash around ideas and just chuck it at each other and start new, again, the next day.

In reply to by ElTerco

FredFlintstone WernerHeisenberg Thu, 12/14/2017 - 08:13 Permalink

I spent about week in Christchurch and a couple of days in Auckland. Saw a lot of sheep on the South Island. I heard it was impossible for most to save any money even as a professional. I think I read that about 1/3 of the working population works for a government entity. I always thought if things got real bad in my old age that smoking weed would be a way to ease the mental burden although I do not smoke it now. When I was younger I would think that zipping down a curvy stretch of highway in a sports car might be the way to go out. You could rent a Ferrari, buy a bottle of Scotch and head to the coast for a drive someday. On a serious note, I do wish you luck! 

In reply to by WernerHeisenberg

wisehiney Wed, 12/13/2017 - 23:33 Permalink

It would not seem so difficult if you had just planted some English Ivy.Years ago.To shield the sweet old school blue haired ladies from the sun.As they kindly sat there and taught you while sitting on the back porch shelling butterbeans.Or shucking corn.Or snapping snaps.Or making those By God Biscuits.Before sunrise.Everyone stayed pretty busy.Not tapping a keyboard.But making life happen.And what about those old folk, bluegrass, country.Pickers.Thank the Good Lord.For busy hands. And how on earth could she sit there on a Sunday afternoon.And patiently hum old hymns.Until she finally showed we young ones.That row of dolls that she had spent the entire afternoon.Beyond artistically picking out of that big leaf.In her lap. 

Utopia Planitia NoWayJose Wed, 12/13/2017 - 23:49 Permalink

Eventually the dems will be forced to reinstitute slavery in order to continue buildup of handouts of Free Sh%t. Instead of being a slave to a person you will be a slave of the demonrat party. Meaning you no longer count in any sense as a human being.  There is no other way for this increasing, lavish outlay of Free Sh%t to their voters to continue.  It might take 25-50 yrs but that is where this ends up. They have already identified the future slaves of their utopia:  Whitey.  Hopefully plenty of folks will be ready to invoke an alternative plan...

In reply to by NoWayJose

techpriest Utopia Planitia Thu, 12/14/2017 - 00:00 Permalink

Sounds about like my in-laws under communism.

I remember walking through Hohhot with my wife and MIL while visiting, and the MIL points out "See the lake there, and the hills over there? My classmates and I dug out the ground and built up the hills with shovels when I was 13."

That mental image stuck with me, even more than the FIL's stories about the indoctrination camp.

Ultimately, there are those who see you as little more than a biomechanical robot to do their bidding. Killing dissidents is more a matter of throwing away a "defective" machine, than about right and wrong.

In reply to by Utopia Planitia

MsCreant Wed, 12/13/2017 - 23:42 Permalink

I have colleagues working in their 70s and even 80s. Sharp. They are the institutional memory of the place and have a kind of smart the rest of us hope to get to. Had another colleague retire at 65. We had a party for him. I shit you not, 3 days later, he was dead. Fell down stairs and broke his leg and neck. He retired because he was losing his vision and wanted to do his bucket list. You just don't know. My 80+ colleague likely has cancer at his door step again. I think he won't quit because he knows he will fade without purpose. He is very smart. Walks. Eats well. Respect. It takes all kinds. 

wisehiney MsCreant Wed, 12/13/2017 - 23:54 Permalink

Exactly.I reminded three of my old friends tonight how my mom and two of their dads had lived perfect sweet teetotoataler lives.But the fourth one.How his dad outlived them all by twenty five years.And laughed and drank.All the wayUntil the end.And I (jokingly?) shouted, I am going like Lynn!Them, them.Fuck them.

In reply to by MsCreant

HRH of Aquitaine 2.0 wisehiney Thu, 12/14/2017 - 03:26 Permalink

Yes indeed!

My paternal grandfather died far too young. Didn't make it to 60 years old but he did so many things! Army Air Corps WWII ace fighter pilot, MIT graduate, builder / architect, captain of the West Hartford polo pony club. I have a photo of him in his dress blues in 1942. Lt. Colonel Alfonso (yes he was Spanish, meaning his family were from Spain, and white). We have the exact same hands. The exact same fingers. Long and slender.

True story that I wanted to take architectural drawing in 10th grade but the class was full. Dumped into mechanical drawing where I was one of three girls and there weren't enough desks so I got a flat desk in the back of the room. Eventually enough people dropped out that I moved to a desk that was adjustable. Came very close to going to graduate school to be an architect.

I hope to visit some of the buildings he built and designed. It is my understanding there are some still standing in West Hartford and some down in South Carolina, too.

In reply to by wisehiney

The Old Man Wed, 12/13/2017 - 23:42 Permalink

Includes me! Fuck those Liberal future Degree millenials who don't understand it isn't a given that you have a job and a boss and some way to make a living. Most of those went on to get PhD's! Because they were too smart to be manual and grunt workers. I can upside down them in a New York Minute. You know why? I show up, everyday with no excuses, take charge and motivate my people to get things done. I move people to get going and give them a reason to work other than getting fired and losing thier job. Including some great millenials who are not too bad and had parents who understood their needs. Some of these other parents think they can force these smart kids into a labor environment. They are completely wrong. If there kids want to spend the remainder of their lives learning, adding little to zero of their existance in the social environment of what a real job is, well, they are fucking in for a big surprise. Because all the little effort they took to get the degrees will be slapped back at them when they hit the real world. I'm an old man and I'm the boss. Some people don't like that. Some people can't change out a clutch on a machine. Or know where the fuel goes, or where to check the oil. Are we as a society been that busy that those people are that uninformed? A to Z is how to learn how to live. That's disappearing in a sense. The trades are the best option for the people who aren't geniuses or going for PhD's.  But where are the trades? Home Depot? Good luck with that.  Old and experienced. You need to get it done? It's done. With me at the helm. And I'll retire when I drop over in the fields, shop or whatever.  I will never give up a paycheck! Never. GFY! Enjoy your retirement softies!

Number 9 Wed, 12/13/2017 - 23:49 Permalink

they was a breed of men in the Old West!               But it's over for them, like it is for the gunfighter.               Except we didn't get no reservation or get taught how to weave rugs.                             It's all over in Dodge. Tombstone too.               Cheyenne, Deadwood, all gone. All dead and gone.               Last time I come through Tombstone...               ...big excitement there was the roller rink they laid out over the OK Corral.               I used to work the Buffalo Bill Show and the Conaress of Rough Riders.               I've rescued stagecoach riders from road agents and drunken lndians...               ...in the nick of time.               Twice a day. Three times on Saturday.                               You see a man with his eyes set...               ...and his head on a bias and his teeth like a mule's.               He'd as soon hang your guts on a fence as say, "Good morning."               He's a gunfighter.               Proud and feared of nothing...               ...because there ain't nothing he gotta bow down to.               Every man tips his hat. Every boy knows his name.               Ain't no place he ain't welcome.               When a gunfighter's around, trouble naturally stays away.               Folks saying, "Hiya, Kid!"               "How you doing, Kid?"               "Come in for a pitcher of milk and gingerbread!"               Or, "Come up here and cool your heels. It's hot outside."               Because nobody don't make no fun...               ...of a friend of Kid Shelleen.  

Pernicious Gol… Wed, 12/13/2017 - 23:57 Permalink

I'll probably quit before 65. My profession endures strangling bureaucratic regulation. The long hours get harder as you get older. And the young professionals in my field are fragile, unteachable, poorly educated and lazy.For a long time I thought I should work as long as I could to offset the rampant government-generated stupidity and help the public. But I've realized the public has been voting enthisiastically for administrations trashing my field since at least the second Roosevelt. GFY. 

dunce Wed, 12/13/2017 - 23:59 Permalink

65 was just a number picked long ago before modern medicine and proper diet extended life expectastion. though it is the point at which full SS benefits are available. The prospect of living 20 more years on a government limited income should give a normal person great pause.

InnVestuhrr Thu, 12/14/2017 - 00:05 Permalink

I retired at age 45, financially independent, after a life-long jihad focused focused focused on getting free from employment servitude, my life's greatest achievement. You cannot achieve this by being just a wage employee, you must create your own products and services, be an owner in a business.I cannot even imagine being a wage employee, struggling through business declines, down-sizings, bankruptcies, technological changes and obsolescences, product line terminations, reorganizations, mergers, changes in management,  recessions, etc for an entire lifetime - I would have checked out and taken some of my oppressors with me.

Mile High Perv techpriest Thu, 12/14/2017 - 01:16 Permalink

Would seriously like to know ... what is 'independent' income? I've been thinking on these lines for many years but haven't been able to find the perfect answer.If you're offering a product or service (eg. tech, finance, real estate, medical, handyman-type work, etc) in exchange for income, then you will have to operate under (govt.) regulations and deal with lawyers, accountants, etc. and at the end of the day also be dependent on your clients' financial well-being. If your clients go under, then it's going to seriously impact your bottom line. So the way I see it, that's not really 'independent' income.The best answer I've come up with so far is farming or related small scale agro-operation way out in the boonies. The regulations/paperwork are minimal and the main challenge will be understanding / working with nature.

In reply to by techpriest

InnVestuhrr Mile High Perv Thu, 12/14/2017 - 06:54 Permalink

You have to be able to (1) earn, (2) keep/retain, and (3) save income at a much higher rate than the regime is confiscating it from you through taxation and fabricated inflation.This requires you to be a master of the business that you choose, AND also become a master of most/all of the administrative, regulatory and legal crap (especially IRS forms) that is imposed upon a business owner but not an employee. I learned how to do everything myself, including legal contracts, which I found I did better than the boiler-plat crap that lawyers just clone and sell repeatedly with little or no customization to the client's needs, and especially the IRS earnings confiscation schemes, because:What really matters is how much of what you earn the regime allows you to keep, so master the IRS forms, regardless of what business you are in. 

In reply to by Mile High Perv

InnVestuhrr InnVestuhrr Thu, 12/14/2017 - 10:42 Permalink

More useful detail:Wage earners are FULLY exposed to confiscation by the regime with very few means of escape (exemptions, deductions, etc), AND the regime will be increasing confiscation rates while also reducing means of escape, eg Republican's so-called"tax reform",thereforeYou MUST have your own businesses, AND run as many of your major living expenses (housing, transportation, food, etc) through your businesses as legitimate business expenses, ie deductions from taxable income, so that you reduce your taxable income to the level where you legally suffer little or no income/earnings confiscation under the euphemism of taxes.

In reply to by InnVestuhrr

Jungle Jim Thu, 12/14/2017 - 00:07 Permalink

Define "working." I doubt many unskilled manual laborers are still digging ditches with pick and shovel, or picking lettuce, at 65 and beyond. If you mean some kind of white collar office job or tenured professor or something, then, sure.