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Why the higher paid should work longer than the rest

If everyone worked 43 years, the garbage collector might retire at 60 and the lawyer at 67

Every now and then a country has a nationwide debate that produces actual learning. It happened in the UK about two years after the vote for Brexit, when many people belatedly found out about the workings of the European single market.

I’ve spent much of this winter following the French debate about the right retirement age. Any day now, parliament may pass the government’s bill to raise the age from 62 to 64. The argument has raged everywhere from the marches along my road in Paris to “up yours” gestures in parliament. Surprising truths have emerged that apply far beyond France. Last month, I wrote that the French led the world in allowing people a first golden decade of retirement. My main conclusion now: that lower social classes should be allowed to retire about a decade before higher ones.

Broadly speaking, there are two kinds of workers: the low paid and the high. The high paid tend to study well into their twenties and then might spend years choosing a career. They have lots of autonomy at work, sometimes with an office and even a toilet to themselves. They control their own schedules, ratchet up their salary and status over time and decompress during holidays by the pool. Some never want to retire. The high typically live into their eighties.

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西蒙•库柏

西蒙•库柏(Simon Kuper)1994年加入英国《金融时报》,在1998年离开FT之前,他撰写一个每日更新的货币专栏。2002年,他作为体育专栏作家重新加入FT,一直至今。如今,他为FT周末版杂志撰写一个话题广泛的专栏。

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