Portugal is among the EU countries where the population retires later

After France passed a controversial law raising the retirement age from 62 to 64, the Spanish economic organization Círculo de Empresários proposed to the next Spanish government to increase the retirement age by four years as well.

The Spaniards are already from the Europeans, who reformed later. The latest figures from a Finnish research center show that they are among the seven oldest countries in the European Union.

How does Portugal compare to other EU countries?
Portugal is definitely connected with Spain. In two countries of the Iberian Peninsula, the limit is 66 years and 4 months.

Denmark, Bulgaria, Greece and Italy are the countries with the highest retirement age at 67. Shortly thereafter, the Netherlands appears with 66 years and 10 months.

Which countries were the earliest to reform?
In the European Union, according to data provided a country, the country that carried out the reform earlier is Austria. In the Central European country, people can retire at the age of 62, but this age is expected to increase to 65 in the future.

The possibility of early retirement in any country is real, and in most cases only those who retire at the legal age are eligible for the full amount of the pension.

Women retire earlier than men
In some countries, the age of women differs from that of men. In Romania, for example, women have an earlier retirement age.

As a rule, with the increase in the retirement age in most countries, there is a tendency to equalize the cost between people of different sexes.

Data outside the European Union
Outside the European Union, the most famous country is Russia, where women can retire at 56 years and six months and men at 60.

In the US, the retirement age is 66 years and 4 months, while in Japan it is 63 for women and 64 for men.