Being part of a significant birthday celebration today, made me think just how much longer is it until we can sit on the beach or relax in the mountains without a care in the world.

With all the financial uncertainty in the world, it is no surprise that retirement age is constantly rising. Even women don’t escape this trend – so no long lunches post tennis in the near future it seems.

Germany was the first country to introduce publicly sanctioned retirement in 1889 for workers over 70. It was meant to care for those in old age, and also to undermine a much more radical socialist movement that was brewing in the country. That initiative paved the way for many later social insurance programs, including Social Security in the U.S.

In the UK the average age at which people retire has risen from 63.8 years to 64.6 years for men and from 61.2 years to 62.3 years for women over the past 6 years.

A Gallop survey in the US has the average age of retirement at 67, up from 66 in 2011. A vast difference to the average in 1995 when people retired at 60. Only 6% of people think they will be able to retire before they are 55.

The US and Denmark have the largest percentage of people in the workforce aged 65 and over (25% and 12% respectively)

On opposite end of the scales are Mexicans retiring on average at 73 and the French much earlier at 58.7 years old.

If you retire in the Netherlands chances are you are going to end up living in a retirement home. A whopping 24% of adults over 65 in the Netherlands live in retirement homes, compared to just 6.6% in Australia, 2.3% in Canada, and 2.1% in the U.S.

And if you are a retired single female even worse news… for every 100 women in the world who are over 85, there are only 39 men. Sounds like a good time to start dating a younger man!!!