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Where People Live the Longest

By Ben Steverman and Bloomberg Rankings - 2013-09-17T17:21:35Z

Photograph by Hollandse Hoogte/Joosten via Redux

Company Symbol % Change
6 of 13

No. 6: Australia

Life expectancy: 81.85

Official retirement age: 65 for men, 64 for women

Population 60 and over: 20%

Projected population 60 and over in 2050: 29%

Australia’s retirement age is gradually rising and will reach 67 by 2023. On top of a pension for lower-income seniors, the government requires employers to contribute the equivalent of 9.25 percent of each employee's paycheck to private “superannuation” funds. That rises to 12 percent by 2020.

Read the full Special Report.