Europeans are grappling with some of the same retirement issues as the United States. Older workers are finding that they can’t retire at age 60 like their parents did. Instead, many plan to continue working until age 67 or beyond, a hot topic among politicians, according to a story in Bloomberg Businessweek.
With 20 percent of Europe’s young people unable to find work, it is hard to justify raising the retirement age in these countries. Many believe that older workers are acing out younger ones for jobs.