China just raised its retirement age. Here’s why American workers should care.
Retire Better
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution
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If our politicians tried to do to us what China’s politicians just did to their own citizens, I’ll bet Americans would take to the streets.
The Chinese government, in one fell swoop, approved two measures to prop up that country’s wobbly retirement system: an increase in the retirement age and a hike in the number of years workers must labor in order to qualify for a monthly pension.