State pension ages are rising around the world. Most countries will increase the point at which people can withdraw payments to 67 in coming decades.
Some governments have been more aggressive. The UK and Ireland will increase the age to 68, and the British government has indicated that more even higher ages are inevitable.
The model common in most developed countries – start work at 18 to 21 and retire at around 60 to 65 no longer looks viable as governments try to balance pension obligations with stretched public finances.
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