Working after 70, is it a privilege or a necessity?

Working After 70, Is It A Privilege Or A Necessity?

DECRYPTION – A 60-year-old Frenchwoman can expect to live another 27.6 years and a man 23.2 years. While the country bickers over pensions, do the septuagenarians still professionally active have the secret of personal happiness and the remedy for collective imbalances?

Legal age of 62 to leave, “pivot age” of 64 for a full pension, or 43 or even 44 years of contributions, and so on. The pension debate boils down to boring arithmetic exercises. The only certainty is that, with an overwhelming majority of eight out of ten, the French do not want us to touch “the 62-year-old” (poll of Echoes April 4). Retirement is seen as a great vacation in paradise, even if everyone knows that they always end very badly.

Yet another reality is emerging, more encouraging: more and more people are working after 70 years, which is, it should be remembered, the legal age at which a company can automatically retire an employee (law from 2008). According to INSEE, 1.6% of our compatriots still exercise a profession at 74, or 8,025 men and women. This is obviously less than in Japan (19% of Japanese women and a third of men are active at these ages). In the United States, the work-addicted septuagenarians are called “perennials” …