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Danes set to have the highest retirement age in the world

Danes born in 2018 have prospects of retiring in 2094 when they are 76.5 years old. This is the result of Danish pension reform adjustments to align pensions with increasing life expectancy in the Nordic country, according to Berlingske Business.

Torben M. Andersen, professor of finance at Aarhus University | Photo: ritzaufoto/arkiv/Joachim Ladefoged

Today, the retirement age in Denmark is 65 and until 2050 it will climb to 72 years -- which will be the highest retirement age in the world. But the climb continues. Danes born this year will be 76.5 years old in 2094, according to business daily Berlingske Business.

The purpose of the Danish pension reform is to give Danes 14 years of retirement in average, which is why the retirement age is climbing at the same rate as the population's life expectancy.

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