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

Easyp Dec 16, 2017 6:37 AM Permalink

A few years back some of the casino waitresses in Vegas looked a little old.  But then again with a bit of silicone to prop things up and the right personality who cares how old the staff are as long as they serve and smile for the customers?

JelloBeyonce Dec 14, 2017 10:32 AM Permalink

It seems to me the real tragedy is not in still working while you're 65+, but that most people must take jobs they so despise all their lives that they cannot wait to retire.Work is fun when you do what you love.  When you're having fund doing what you do, there's no rush to stop and retire. Those that follow their true passions, rather than just work meaningless jobs all their lives for their masters, are able to still find joy in productivity past 65, 70, even 80+. Adam Smith (among many others) recognized the dangers of division of labor, as that division most often leads to mechanized-like, repetitive & unfulfilling tasks.  Rather than continue taking pride in their work, people can't wait to escape from it.That's so sad.Jobs (careers) are so often hyped and glorified to entice new entrants to prospective fields, yet in reality, even the most glamorous seeming jobs are reduced to systematic, meaningless tasks.Humans are little more than cogs in a machine designed solely to continue the meaningless flow of capital (mostly flowing away from the serf truly producing that capital to the master, whom has either formed a government, or corroborated with government to indenture his servant workers).  The true meaning of life has been reduced to nothing but this continued, uninterrupted flow of capital.People aren't encouraged to follow their dreams or passions, or grow in their mental capacities to become better skilled or smarter (or better humans), but to learn only to better follow systems (thus the difference between being smart and being trainable). The workplace has become like the animal feed lot.  Restricted movements, little to no social interaction, little to no freedoms......no personal meaning, just systematic, corporate productivity. The corporations have learned to do to humans what they've done to animals. As for me, I plan on continue doing the work I love until the day I die. 

Arrest Hillary Dec 14, 2017 10:31 AM Permalink

White slavery .... or better .... universal slavery of Americans .... except for Brahmin niggers, Muslims, fake refugees and welfare sluts .... if you are prone to believe the lie that your industry makes you guilty .... throw off you chains .... freedom awaits ?

Let it Go Dec 14, 2017 7:41 AM Permalink

Like many people, I was under the impression that Medicare was free and that after the age of 65 at least the burden of healthcare payments would be lifted from my shoulders. The dirty little secret is that for most people only part A is free and it will only suffice or be enough if you are poor or willing to become poor if you become ill and run up massive healthcare cost.For people with savings they wish to protect the cost of healthcare will remain an issue. The complex Medicare system is something most of us know little about and try not to think about until we must. Below are a few things it is important to know, and they may shock you. http://Is Medicare Free? Don't Count On It, Get Ready To Pay!.html

dizzyfingers Dec 14, 2017 7:38 AM Permalink

https://www.numbersusa.com/The website is interesting in light of the reality of this article's headline.More 65 y/olds in USA won't be retiring, so may not be giving up their good jobs. Will GOV aim to bring in higher-aspiring or lower-aspiring replacements?An in-depth article would be welcome.

BunkerZee Dec 14, 2017 6:31 AM Permalink

I thoroughly intend to work beyond 65 until I am no longer able, but it will be something I enjoy, maybe driving boats at Disney. Being sedentary will kill your body and mind fast!

Swamidon Dec 14, 2017 5:54 AM Permalink

Retired the first time at 42 and then used the second half for a life that was even better.  The first was devoted to meeting the responsibilities society put on me and the second to freeing myself from the weight of them.  Now as a Boomer quite happy be retired again and looking forward to whatever comes next after 2 full lives in a time when so many people couldn't manage to have even one.

zz2ipper Dec 14, 2017 2:06 AM Permalink

I call BS on the figures for 3rd world. Here in South Africa 80% of over 65s who worked in their younger lives continue to work. Maybe if you count those who never worked you'd get closer to 30% non-working at 65  ... but 9.7% is a crazy figure.

DarthVaderMentor Dec 14, 2017 2:06 AM Permalink

This situation makes the obsession of GOP RINOs and globalist socialist leftists to bring in more and more illegals into the country and guest workers all the more illogical and problematic for our future.In addition the prospects from Artificial Intelligence should be incenting our politicians and leaders to bring in less people in, not more. The desperation in other countries will increase as well. 

jet20 Dec 14, 2017 12:42 AM Permalink

What would have been even more telling is a chart contrasting the average retirement age of MEN vs WOMEN in various countries. But of course that would not have fit the narrative of victimized, marginalized, underpaid women being exploited by "the patriarchy" ;-)

JibjeResearch Dec 14, 2017 12:24 AM Permalink

I am semi retired for about 3 months, getting close to 44.  It is a boring life style.  I read the same thing everyday, talking shit to people on ZH.  The good thing is I read everything and I don't miss the big stuffs.  I would not pick up on things if I was working and have a better understanding of where the economy is going.  So, it's a trade off. It's just too fucken boring.  Once I get my cryptos and stocks in order, I'm going back to be a UI designer/vfx animator/Programmer.  It's more fun.

InnVestuhrr JibjeResearch Dec 14, 2017 6:44 AM Permalink

If a person is driven, motivated and mentally active (as you seem to be), then retirement can present a huge challenge because idleness and boredom will destroy you internally, so you must create in retirement the activities that keep you challenged and satisfied. There is a high incidence of wasting diseases and heart attacks in people who retire and do not restore a driving sense of purpose, identity and fulfillment.

In reply to by JibjeResearch

JibjeResearch Dec 14, 2017 12:07 AM Permalink

Old Americans will be happy to work into old age when the AI/Robots come in force.Young and old will compete with robots.  Life will not get better for the low wagers and fixed incomes.

Jungle Jim Dec 14, 2017 12:07 AM 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.

effendi Jungle Jim Dec 14, 2017 3:34 AM Permalink

My last construction site had a scaffolder who was 71. The previous site had several carpenters and dry wallers who were in their 70s. Some of them had gambling habits to support, one of them liked to ride the hookers and some just couldn't hack the idea of retiring, perhaps because they didn't want to be stuck in their homes all day with their wife/or stuck in an empty home on their own.

In reply to by Jungle Jim

InnVestuhrr Dec 14, 2017 12:05 AM 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 Dec 14, 2017 1:16 AM 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 Dec 14, 2017 6:54 AM 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 Dec 14, 2017 10:42 AM 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

dunce Dec 13, 2017 11:59 PM 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.

Pernicious Gol… Dec 13, 2017 11:57 PM 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. 

Number 9 Dec 13, 2017 11:49 PM 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.  

The Old Man Dec 13, 2017 11:42 PM 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!