65-year-old retirees in France now have higher incomes than working-age adults—meanwhile, American boomers can’t even afford to retire
via fortune.com
Short excerpt below. Read at the original source.
French retirees officially bring in more income than their working-aged counterparts, as Americans are struggling to find the funds to retire and support their post-employment lifestyle. Due to France’s relatively young retirement age, lofty governmental spending on pensions, and high wage replacement rate, they’re now out-earning citizens with jobs as the country’s officials try and […]