At what age do South Koreans retire? Exploring the complexities
Despite a mandatory retirement age of 60 in many companies, the average age for South Koreans to leave their main job is significantly earlier, often in their early 50s. This disparity is driven by a complex interplay of legal structures, corporate policies, and economic pressures, which frequently push older workers out of stable, well-paying positions before they are ready to retire. This creates a notable gap between when South Koreans stop their primary career and when they begin receiving a pension.