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Posts Tagged ‘OECD

Being shy about retiring…

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As Flowing Data reports,

According to OECD estimates for life expectancy and retirement ages [2009 data in both cases], in countries like Mexico it is common for men to work up to the last year of their lives. On the other hand, women in Austria spend an average of 26 years in retirement.

In the United States the average years in retirement is 10 years for men and 16 years for women (mostly because men typically die earlier)—among the least in the world.

As we find work that we can enjoy, we might recall that it was on this date in 1178 BC that Odysseus returned to Ithaca at the end of his long trip home from the Trojan War.  This was the date of a solar eclipse, which scholars have surmised corresponds to Homer’s description of the day–“the Sun has been obliterated from the sky, and an unlucky darkness invades the world”; the particular circumstances of this eclipse were unique between 1250 and 1115 BC, the 135-year spread around the putative date for the fall of Troy.

Odysseus, of course, did not return to the comforts of retirement.  After offing the suitors who had flocked to his wife, Penelope, Odysseus retook his throne.

Head of Odysseus from a Greek 2nd century BC marble group representing Odysseus blinding Polyphemus, found at the villa of Tiberius at Sperlonga

source 


And now, the good news…

Eat Less, Live Longer…

The chart above (courtesy of the OECD, via Swivel) plots relative levels of unemployment against life span…  and suggests that there may be a silver lining in the dark cloud of recession: there’s evidence that life expectancy increases during times of high unemployment.

Specifically, this data shows the relationship between unemployment and life expectancy for the USA between 1960 and 2006. The following series are shown:

* LIGHTER PURPLE: residual life expectancy – the difference between the actual and expected life expectancy, in lay-terms, how much longer people lived than they were expected to
* DARKER PURPLE: unemployment % – the unemployment rate for the year

For another dose of encouragement, see this Freakonomics post… and relaaaaax…

As we denominate our blessings in something other than dollars, we might recall that on this date in 1956, Elvis Presley sang “Don’t Be Cruel” in the first of his three appearances on The Ed Sullivan Show

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