Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Real retiring age of Spaniards highest
Old 01-20-2006, 07:58 AM   #1
Recycles dryer sheets
Join Date: Dec 2005
Posts: 67
Real retiring age of Spaniards highest

Real retiring age of Spaniards highest

Elisa García

The number of retired people who own their own homes is the highest in the world

Spaniards retire, on average, at the age of 62, which is the highest retiring age of the developed countries of the world, and three years before the legal retiring age. Sixty three per cent of those taking early retirement do so of their own accord, while the remaining 37 per cent are forced by their employers to accept early retirement. These are among the results of a study carried out by the multinational insurance company AXA Group, which also tells us something about the worries most people have concerning proposed reforms of the Social Security system in Spain, believing that they will receive reduced benefits or be forced to remain working for more years.

A total of 7,000 people, both retired and working, were interviewed in the study, in 11 countries in the world that can be described as ‘highly developed,’ these being the United States, Canada, the United Kingdom, Germany, Italy, France, Belgium, Spain, Australia, Hong-Kong and Japan. The publication of the report has a special relevance for Spain, where the government, business and trade union leaders meet every week in an attempt to adapt the social security system to the needs of society in general.
ForeignExchange is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
@ age 25 I had no clue what "retire" even meant mickeyd FIRE and Money 1 06-24-2006 11:26 AM
How people find us... asian carp?? dory36 Forum Admin 4 05-27-2005 12:07 PM
Who picked age 65? mickeyd Other topics 28 05-25-2004 04:20 AM
Retire early, live longer dory36 Other topics 6 02-27-2004 08:36 AM
SS options in firecalc wzd FIRE and Money 4 02-16-2003 09:46 AM


All times are GMT -6. The time now is 03:28 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.