In 2024, average retirement age in South Korea was 49.4 years old. Since 2007, the average age has remained around 49 years old. The highest retirement age in the last 20 years was 50.3 years old in 2006.
Average retirement age in South Korea from 2005 to 2024
This survey was conducted among individuals aged 55 to 64 who have left their longest-held job and are either currently unemployed or engaged in other activities, with data consistently collected as of May each year.
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KOSIS. (July 29, 2024). Average retirement age in South Korea from 2005 to 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/
KOSIS. "Average retirement age in South Korea from 2005 to 2024." Chart. July 29, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/
KOSIS. (2024). Average retirement age in South Korea from 2005 to 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/
KOSIS. "Average Retirement Age in South Korea from 2005 to 2024." Statista, Statista Inc., 29 Jul 2024, https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/
KOSIS, Average retirement age in South Korea from 2005 to 2024 Statista, https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/ (last visited November 21, 2024)
Average retirement age in South Korea from 2005 to 2024 [Graph], KOSIS, July 29, 2024. [Online]. Available: https://www.statista.com/statistics/1497224/south-korea-average-age-of-retirement/