France raises it retirement age from 60 to 62

WSJ story.

Of course, we'll see this headline countless times in coming years as the rest of Europe moves in a similar direction as all those Euro Boomers head into retirement age.

I mean, really France, 58?

I think people my age should expect to work to at least 70 and probably 75.  My kids should add a decade to those numbers.

Why? As more people make it into their 60s in solid health, the actual life expectancy for that cohort extends much farther than the norm.

In fact, I foresee more intra-generational tension over that divergence than inter-generational.

Comments

[Richard]

If we are to successfully increase our retirement age, we will first need to adjust the hiring publics perception of the value of older workers. In Los Angeles, it's virtually impossible to get hired for any job if you're over 60.