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Denmark Raises Retirement Age to 70, Sparking Global Debate

6/1/2025

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Story summary
  • Denmark plans to raise its retirement age to 70 by 2040, the highest in Europe, in response to longer life expectancy and lower birth rates.
  • Other nations are exploring similar reforms, but lack of protections for older workers could increase economic insecurity.
  • The U.S. debates raising its retirement age, but disparities in life expectancy may negatively impact lower-income individuals.
  • Successful pension reform must include employment policies that support older workers and tackle ageism and financial instability.