65-year-old retirees in France now have higher incomes than working-age adults—meanwhile, American boomers can’t even afford to retire

French retirees officially bring in more income than their working-aged counterparts, as Americans are struggling to find the funds to retire and support their post-employment lifestyle. Due to France’s relatively young retirement age, lofty governmental spending on pensions, and high wage replacement rate, they’re now out-earning citizens with jobs as the country’s officials try and make unpopular changes. While boomers in the U.S. and UK are being forced to go back to work because they can’t afford to ...