Denmark Increases Retirement Age to 70, Europe’s Highest

The retirement age in Denmark will gradually increase in the coming years to 70 years in 2040. This will give the country the highest retirement age in Europe. Last week, the Danish parliament approved the law that will increase the retirement age to 68 years in 2030 and to 69 years in 2035. At present, all Danes receive a pension from the age of 67. In Denmark, the retirement age is linked to life expectancy and in principle it increases automa…

Beyond Saving: What We’re Missing in Our 20-Year Retirement Plan

One of the most important aspects of jumping into the FIRE (financial independence, retire early) movement is to know exactly how much you think you need to retire. This is true whether you are a member of FIRE, fatFIRE, ChubbyFIRE, coastFIRE, or any other group that wants to retire as early as possible.  Key Points This Redditor is worried about ensuring she has enough money to retire by turning 60. Far too many people in the FIRE community …

The Danish parliament has passed a law gradually raising the retirement age to 70 by 2040. No other country in the EU has a higher retirement age.

The Danes have been constantly adapting the retirement age to life expectancy for years. Now, people from a given year onwards should only enjoy their evening of life from 70 onwards. This is a symbolic figure - the Prime Minister announces to review the system.

Danish lawmakers have passed a new law that gives the Scandinavian country the highest retirement age in Europe.

Denmark raises retirement age to 70 — the highest in Europe

Denmark is set to have the highest retirement age in Europe, after lawmakers voted to raise it to 70.