In France, people (mostly workers and youths who have latched on as young people tend to do) were demonstrating against a proposed age hike that would take them to where the U.S, is currently (but U.S. is also trying to raise its, as well). Nevertheless, France passed a bill today that makes retirement age equal to the U.S. though longevity in France exceeds that of the US by two years. The United States is 38th out of 194 countries listed.
Passing the bill which was opposed by the working populace may reflect a few things. Some may just not like change. Some workers just don't trust government. Some workers assume (at least those who lead the unions) that unions should make all decisions effecting the workers. It surprises me that in the United States, workers and unions were not as visible opposing suggestions that Social Security be privatized. Perhaps, since it didn't succeed, it was adequately resisted but it did not happen with violence or the vehemence shown in France. I'd like to think that Americans are finding that non-violent fighting is more fruitful and productive that the 'little-boy" mentality shown by the Bush administration; that the way to solve the problems in the Middle East was by bullying with war power.
Needless to say, there can only be estimates since there are so many economic variables as to what changing the age does in a country. Writing on Social Security Around the World, the National Board of Economin Research in the US currently posts here..What can be said about universal retirement. People neither age at the same rate nor easily accept the change in their lives that retirement may bring. While some are healthy in mind and body at retirement age, others lose life quickly. While some start new careers, others are lost without their work routine and identity. Retirement is definitely not a one-size-fits-all.
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