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Why do people think retirement age is 65?

By Emily Wilson |

Or google it. Here’s a hint: the retirement age of 65 was first selected in 1880. Here’s the answer: the retirement age was set at 65 because when it was first introduced by Otto von Bismarck, hardly anyone lived that long. The original idea is that we retired at 65 because no one was supposed to live past that age.

Can you enforce retirement at 65?

The law no longer allows your employer to force you to retire at 65, or any other age, unless there is a contractual retirement age in place where you work, capable of objective justification based on conditions where you work. What protection do I have against age discrimination?

Is it better for a single woman to be 60?

There’s a lot to be said for being 60 and single. In fact, there’s even a website devoted to the proposition that life is better than ever for older single women, Sixtyandme.com. It points with pride to the fact that 37 percent of women over 65 live by themselves — and enjoy it! But living alone at 65 is not the same as living alone at age 85.

Why are there fewer single women in retirement?

And the figures show a continued downtrend. The survey says the reasons are three-fold: 1) fewer women get married; 2) when they do marry, they get married later; and 3) more women end up divorced. Look around. These figures should not come as a shock. The message for women: Don’t count on anyone else for your retirement security.

How many women over 65 live by themselves?

It points with pride to the fact that 37 percent of women over 65 live by themselves — and enjoy it! But living alone at 65 is not the same as living alone at age 85. That’s something to consider now.

Where are the best places for single women to retire?

Kathleen is a big fan of city life for older women since urban areas offer the infrastructure, resources and security that many of us are looking for. However, for women who are looking for more rural options, she offers several suggestions in Italy and France.