5 Countries with The Lowest Retirement Ages in The World

1. Thailand

Retirement Age: 55 years

Thailand is said to be “sleepwalking” towards an aging crisis. Thai Health Promotion Foundation reports that the country became an aged population last year in 2022, with seniors making up 20% of the total population. Due to the increasing proportion of elderly people in its population, the country is set to experience both a shrinking population and a decrease in income generation for the country. A declining birth rate, coupled with medical care advancements are responsible for this rise in seniors in the country. The current retirement age set by the Social Security Office under the Ministry of Labor is 55 years, making it a country with the lowest retirement ages in the world.

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