Assuming they start working at 18, this is 36 years of work. Multiplied by average annual working hours in 2017 (not great, but it’ll do for this comparison) - 2,174 hours, that’s 78,264 hours worked in a life.
The German retirement age will be 67. Assuming they work at 18, this is 49 years of work. Multiplied by average working hours in 2017 of 1,354, that’s 66,346 hours worked in a German life.
So, Chinese people are actually being overworked, you might say. Perhaps their retirement should be lower…
Americans have the same retirement age as Germans, and annual working times of 1,765 hours, so they work 86,485 hours per life.
I will remind you all that China is the only one with an actually growing economy where the quality of life is improving. American workers are getting absolutely shafted.
Actually, it’s even worse.
The healthy life expectancy for men in China (in 2019) is 67, so that would mean 13 healthy retirement years. Although yes, preferably I’d just be looking at older workers to get a more accurate number, so let me remind you that this is only a cursory comparison between countries - nothing definitive. The healthy life expectancy in Germany is 70. Yikes, only 3 healthy retirement years. And in the United States it is… 65. So American men need to work while disabled for two years, and then “enjoy” their unhealthy retirement…
In actuality men and women have different retirement ages in China. Not everyone is retiring at these exact years. I am generalizing some of this data a bit much. Women live a little longer, but are also generally forced into domestic labor… maybe they work more in total, maybe less, idk, not figuring that out right now.
Assuming they start working at 18, this is 36 years of work. Multiplied by average annual working hours in 2017 (not great, but it’ll do for this comparison) - 2,174 hours, that’s 78,264 hours worked in a life.
The German retirement age will be 67. Assuming they work at 18, this is 49 years of work. Multiplied by average working hours in 2017 of 1,354, that’s 66,346 hours worked in a German life.
So, Chinese people are actually being overworked, you might say. Perhaps their retirement should be lower…
Americans have the same retirement age as Germans, and annual working times of 1,765 hours, so they work 86,485 hours per life.
I will remind you all that China is the only one with an actually growing economy where the quality of life is improving. American workers are getting absolutely shafted.
Actually, it’s even worse.
The healthy life expectancy for men in China (in 2019) is 67, so that would mean 13 healthy retirement years. Although yes, preferably I’d just be looking at older workers to get a more accurate number, so let me remind you that this is only a cursory comparison between countries - nothing definitive. The healthy life expectancy in Germany is 70. Yikes, only 3 healthy retirement years. And in the United States it is… 65. So American men need to work while disabled for two years, and then “enjoy” their unhealthy retirement…
In actuality men and women have different retirement ages in China. Not everyone is retiring at these exact years. I am generalizing some of this data a bit much. Women live a little longer, but are also generally forced into domestic labor… maybe they work more in total, maybe less, idk, not figuring that out right now.
“China’s retirement age is too low.”
