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india flagAccording to a survey conducted by French insurer AXA, Retirement Reality Study, India is the only country where the working population strives for a higher age of retirement, whereas other Asian countries either want a lower age of retirement or are satisfied with the current limit. The majority believes the ideal retirement age should be 61 years old instead of the present 58 years, the Times of India reports. In Hong Kong and Indonesia, workers believe that the retirement age should be 55, while Chinese workers want to retire even earlier at 54. BhartiAxa Life Officer, Mark Meehen, said Indians are very self-reliant and do not believe in sitting around waiting for a government handout. It is a hardworking culture focused on taking care of their family event at the cost of working until late in life. The survey found that Hong Kong employees are the least willing to work beyond their official retirement age, with over 55 percent of the workers choosing early retirement while 27 percent quitting early because it was forced upon them by their employer.


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