Author: Daniel snow

Aleksandarnakic | E+ | Getty ImagesDenmark has moved to increase its retirement age to 70 — making it the highest retirement age in Europe.Yet it may be difficult for the U.S. to follow its lead.The new change in Denmark will apply to public pension retirements starting in 2040. Since 2006, the country has been adjusting its retirement age to reflect changes in life expectancy.The U.S. does not technically have an official retirement age. At age 65, individuals become eligible for Medicare coverage. At age 66 to 67, depending on date of birth, an individual becomes eligible for full Social Security…

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