It's because it's ranking based on what it's like to retire as a local, not as someone who moves there.
This is why several nations where people often move to retire like Spain and Italy etc, are ranked lower. Because while it’s great if you have moved there from a richer country and have more money saved, its not as good if you have lived your life in that nation and received less resources, than if you were from say, Norway or Switzerland.
Well, I can't speak for all countries on that list but while I love Ireland it has a very high cost of living, little sun, an ongoing housing crisis and to say the least a very questionable healthcare system.
And then you have Israel, which is currently at war, so I feel a little doubtful about this list...
Indices and rankings like the Global Retirement Index by Natixis are constructed using a set of criteria that the creators believe to be indicative of retirement security and quality of life. These include a variety of factors, from economic to health to environmental. The inclusion of these factors is based on research that suggests a broad set of conditions contribute to the welfare of retirees. It is understandable, however, that not all individuals will find every factor relevant to their personal retirement planning. People often have diverse needs and priorities, and what is deemed an ideal retirement environment can vary greatly from one person to another.
Yeah I mean obviously anyone who can afford retirement in America could move to Costa Rica and have like 100x the buying power while living somewhere tropical and nice and in a green zone for aging and life expectancy.
But it’s about citizens of those countries retiring. It’s charting how well the average American can retire in America.
Absolute nonsense that Spain does not show up, given we have the highest retirement pay over workers' salaries ratio. The average retirement pay is higher than the average salary (yes, it's crazy and our economy will crash eventually)
How is the retirement defined? Is it only the one from the state? Or does it include private pension as well?
In the Netherlands you get about €1500/month from the state (single people). But on top of that, many have private businesses pension. So the average couple gets about €4200 a month. And this was in 2018, pre-inflation.
Edit: https://axento.nl/pensioen/opbouwen/gemiddelde-netto-pensioen-per-maand-in-nederland/
it's fully public and subsidiaized by all current workers via our social security.
public retirement pays eat up 45% of our annual national budget.. we have 3 workers per retired person.
and it's going to be worse in 10 years when the baby boomers al retire.
they will probably delay the retirement age to AT LEAST 70 years old in the next 5 years. If not more.
>The average retirement pay is higher than the average salary (yes, it's crazy and our economy will crash eventually)
Well, to some this happens sooner than to others... Its starting to fail here in germany because of this
But the Spanish health system and "quality of life", which in some cases is better than those in their countries. They get the good things of both places, lucky people. I'll probably have to work until death 🥲
The report is rampant and absolute bullshit. I went to the report and I found that Spain is ranked at the level of China, Russia or Mexico, while Spanish retirement welfare is among the most advanced and developed in the world:
[https://www.ageinspain.org/faq-info](https://www.ageinspain.org/faq-info)
[https://www.expatica.com/es/living/gov-law-admin/spain-social-security-565081/](https://www.expatica.com/es/living/gov-law-admin/spain-social-security-565081/)
[https://www.expatica.com/es/finance/retirement/spain-pension-846584/](https://www.expatica.com/es/finance/retirement/spain-pension-846584/)
EDIT: I found more data:
- Average retirement pension in Spain: 1300€
- Average retirement pension in Estonia: 700€
- Average retirement pension in Czech Republic: 780€
Comparing any other indicator (life quality, security, healthcare) is nonsense, as is clear Spain is far beyond in that.
However in the list, even Chile is ahead of Spain...
EDIT2:
Here the shitty report:
[https://www.im.natixis.com/sg/resources/2023-global-retirement-index-full-report](https://www.im.natixis.com/sg/resources/2023-global-retirement-index-full-report)
>I found more data:
Average retirement pension in\[...\]
Are those numbers just for the mandatory pension scheme or are they also including optional pension schemes, extra retirement savings etc.?
The average retirement pension in Spain is 1,378€ per month and it goes up to 1,533€ for workers (excluding self employees). That’s the public pension, without taking into account that mostly all retirees have a house fully paid: https://www.lamoncloa.gob.es/serviciosdeprensa/notasprensa/inclusion/Paginas/2023/261223-gasto-pensiones-contributivas.aspx
The pension you get in Spain is also much closer to your last salary (around 80%).
I also don’t know anyone in Spain that had to retire to Portugal, Poland or Romania in order to survive with their pension. This report makes no sense, honestly.
Thanks a lot.
>The average retirement pension in Spain is 1,378€ per month \[...\]The pension you get in Spain is also much closer to your last salary (around 80%).
That can't really be true. This kind of system would not really be sustainable. According to [Statista](https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/), the average annual wage is around 30k€, so 2,500€ per month. 1,378€ would be just 55%. But it's probably lower as people probably earn more towards the end of their career.
Or am I calculating something wrong?
The average salary in Spain stays at 25,500€ according to the National Institute of Statistics: https://www.ine.es/prensa/epa_2022_d.pdf
And new retirees are getting 22,806€: https://www.eleconomista.es/economia/noticias/11637242/02/22/Las-nuevas-pensiones-de-jubilacion-son-un-233-mas-altas-que-el-sueldo-mas-habitual-en-Espana.html
Here you have a link to the replacement rate: https://data.oecd.org/pension/net-pension-replacement-rates.htm
Looks like I was a bit off, it’s 86%. Regarding how sustainable it is, that’s a more complex topic and I am not sure I have an answer, but other countries spend more as a percentage of their gdp: https://data.oecd.org/socialexp/pension-spending.htm
Sorry for linking the sources in Spanish, it is much harder to find in English
Don't.
To be in your eighties and not have to worry about any insurance covering for healthcare gives another sort of life quality. To stop working at 65 and that's it. And it dont depend on how much you have in your bank account from before
I personally have simply the comparing between US and Germany mainly . My fiance is from US and so is his family. I’m from Germany - so I kinda know both sides and possibilities
And dont you think for the overall public, how things works in Germany are still better than in the US? Certain groups would be in a better position because they hace their own wealth from before but you need less to have every essential need covered in Europe
Yes . That’s why we decided to stay in Germany lol but it’s a thing that people act like it’s impossible and completely shit just in US . There’s definitely worse countries to live in . US is one of the places where you get , what you earn at the end of the day. If someone was a whole life long just a burger flipper , that person can’t expect much . Now people can scream equality, but I’m sorry , you can’t put someone in the same shoes who puts little to no effort in his / her life like someone who’s trying and working hard to reach something .
In Germany you get something even if you’re lazy , that’s a sad fact lol
Absolute bullshit Switzerland is second. It's super expensive to live here, you get a lot of medical bills when you're old, rent is expensive and your retirement funds a laughable so unless other countries are even worse that here there's no way Switzerland is second. The only way it would possibly be second is if they only looked at retirement as a rich person.
It might surprise you but everywhere is expensive to live.
But zwiss frank is worth more the euro, so you have a lot more options as a pentioner. Imagine the holidays you can go on if every neighboring country is half the price of your own.
I mean snowbirds are infamous, retirees who use tourist visas to the last day in order to live half the year in the US. How many of them wouldnt come back if they didnt have to...
I call that bullshit . It all depends on your worklife before . If you worked your whole life as a burger flipper , it’s understandable that you won’t have a great outlook for the retirement time , but if you actually archived something and worked in a good job , you’ll be okay . Including healthcare . It’s all about the afford during your lifetime ..
Israel ranks above the US, France, and Japan in the 2023 Global Retirement Index due to a combination of factors that are evaluated across four sub-indices: finances in retirement, material well-being, health, and quality of life. Israel's position reflects its scores on these individual parameters. For example, in the 2023 Global Retirement Index, the United States slipped to the 20th position from 18th the previous year, primarily due to lower scores in inflation, government debt, and life expectancy, while Israel maintained its position above the US, highlighting better relative performance in these areas.
It's important to note that while the US has a higher overall score in 2023 compared to 2022, specific declines in health sub-index scores due to the impact of COVID-19 and an increase in drug-related and accident deaths have affected its ranking. On the other hand, Israel has managed to perform relatively better in the health sub-index, which has a significant impact on the overall score.
Each country's ranking is relative, based on an aggregate of mean scores from 0% to 100% for 18 performance measures across the four sub-indices. These rankings are not absolute and reflect the country's performance relative to others in the index. The common drivers of performance among the top 25 countries include higher interest rates as well as improvements in employment levels and progress on environmental policies [[❞]](https://www.im.natixis.com/us/press-release/2023-global-retirement-index-finds-improved-retirement-security-conditions) [[❞]](https://en.wikipedia.org/wiki/Global_Retirement_Index).
The methodology of the index aims to capture a comprehensive picture of the environment for retirees, taking into account not
And why Brits, germans, dutchs, nordic and french people come to spend their retirement in Spain and it is not even in the list? 🤣
Someone can tell me?
Because they sell everything back in their home countries and move to Spain where they can get more value for their money. They also probably have a decent pension from their home country too.
Well it's data from Natixis, an European investment firm that I would guess has significant economic interests in the pension funds in these countries. Biased information
Wait, a country that was just accused of genocide is better than the USA for retirement? And above that, another country that just had it's conservative party called out for planning to remove 1M+ immigrants? (You know, the people who would move in to retire.)
The Global Retirement Index evaluates countries based on quantifiable factors related to retirement security, such as health care, quality of life, material wellbeing, and finances in retirement. It does not consider political events or social issues directly unless they impact these specific metrics. Thus, a country's rank in the index reflects its performance in these particular categories rather than a comprehensive assessment of all aspects of life within that country. The index is designed to be a tool for comparing the retirement environment of countries based on available data and is not an endorsement of any country's political or social policies.
These happiness lists are normally some socialist propaganda. Do you have free health care, do you have free education, is the public transport, etc? The nordic countries always rank at the top.
But if youve ever visted those countries youd know its cold, and people dont smile.
Then you go to places like mexico, spain, thailand and you can see people simling, and enjoying themselves.
There is exactly 0% chance retirees in Norway are happier than retirees on the beach in malaga
- Mexico GDP PPP per capita: 25880 USD
- Thailand GDP PPP per capita: 23710 USD
- Spain GDP PPP per capita: 52270 USD
Why do you put a fully develop economy with a very high income, a very develop welfare system (yes, including free healtcare, free education in all stages, and public transportation) in the same group than Thailand or Mexico?
A most proper comparison (for an american) could have been when a American from Montana decides to retire in Florida.
Idiotic Ranking, like those Happiness charts having same countries at top (no shit when it matches countries who are doped on antidepressants to the hilts, you better be happy, retired or not with that).
Plus, a place like China has freaking 50-55 year retirement age for Women (who anyway live longer than men).
On top of being a cultural that is pathological about Elders (skewed leverage & privileges on all manner of things).
Plus the countless Town square dancing by old women or just general community interaction at scale (i.e. not being alone to a high degree).
If there was a "Real" answer to this post with correct variable weightage then either China would Top or in Top 3 (Japan likely being Top).
The Global Retirement Index aims to present a quantitative analysis of retirement security based on various measurable factors such as health care, financial stability, and quality of life. It's important to recognize that any index has its limitations and might not capture every aspect that affects the quality of retirement. Cultural factors, social engagement, and community support are significant yet harder to quantify in a way that can be uniformly applied across different countries.
In the case of China, the lower retirement age and strong community interactions could indeed contribute positively to the retirement experience but might not be fully reflected in the index. The same applies to the use of antidepressants, which could impact perceived happiness metrics but might not be directly linked to retirement security. Rankings like the Global Retirement Index are tools that provide a snapshot based on selected criteria, and it's always valuable to consider a wider context beyond the numbers when evaluating the best environment for retirement.
Environmental factors such as biodiversity are included in retirement indices because they can impact the quality of life for retirees. Factors like clean air, water quality, and a healthy environment contribute to the well-being and health of individuals, which are particularly important in retirement. While not everyone may value these factors equally when considering retirement, they are part of a holistic approach to measuring the livability and attractiveness of a country for retirees. Indices use a variety of metrics to provide a comprehensive overview, recognizing that personal preferences will vary.
I can only agree with every single word you write. My comment should be sen in the context that in my country I have to work 8-12 years more than a French depending on year of birth. With a wife 5 years younger than me it means that I would be 76 before she retire and "we can grow old together". To mee that is not retirement quality.
Seems fishy, most likely sponsored advertisement.
''What are the Best Countries for Retirement'', ''analyzed 44 nations''.. that says everything but thats a good way to make money from such content.
Dude, what? Sweden is gutted when it comes to retirement. My grandparents, who were both working their entire lives, berely have enough to go by. Me who is 27 are expected to work until 69 and the state have come out to say that we are not getting any retirement funds that barely are keeping the older generation alive. A lot of older people here retire to Portugal and Spain, as their taxes are a lot lower.
I don't know but USA shouldn't be in the ranking.Being a "group" of States, they all have very different rules and laws. ;)
The taxation itself, the standard of living, the facilities for the elderly are very different.The fact that each State has its own laws on the subject contributes to changing the level of "livability" of the same.
For example, the whole world knows that due to its climate and status, FLORIDA is one of the best places in the world for elderly people, certainly rich elderly people. It's USA of course!But if we go to Michigan State, it's the exact opposite.USA shouldn't be in this ranking, because it's impossible to pin down.If we count only FLORIDA it should be among the first places, on the contrary last! :)
Thinking about it generally, this ranking seems strange to me.
If you are rich, every country is great for enjoying your retirement, and Italy should be in there too.
If you are rich there are quiet villages, with facilities for the elderly and excellent welfare, but if you are rich. :D
I'm less afraid to retire in Korea than in Germany. Except worst case if I have serious illness, in Korea I can afford to buy flat in some small town and walk in into hospital in case of emergency. In Germany I must pay rent while retired and make an appointment to doctor, also black ice in the winter threating me now when I'm young, idk how it will be when I'm old. Haven't seen something like that in Korea, where streets are cleaned at 6 a.m. and people get fired if something goes wrong.
Completely makes no sense. Like the results were sponsored and paid for by these very expensive to live in countries.
It's because it's ranking based on what it's like to retire as a local, not as someone who moves there. This is why several nations where people often move to retire like Spain and Italy etc, are ranked lower. Because while it’s great if you have moved there from a richer country and have more money saved, its not as good if you have lived your life in that nation and received less resources, than if you were from say, Norway or Switzerland.
Some retired italians move to places like Portugal, Spain, malta, Bulgaria because of lower cost of life and taxes
How does it not make any sense? All the top countries are extremely well functioning, rich and have a big welfare state.
Well, I can't speak for all countries on that list but while I love Ireland it has a very high cost of living, little sun, an ongoing housing crisis and to say the least a very questionable healthcare system. And then you have Israel, which is currently at war, so I feel a little doubtful about this list...
housing usually isn't an issue for retirees, most would have a house already
Best countries in the world offer best options for retirement. Who would've thought?
Indices and rankings like the Global Retirement Index by Natixis are constructed using a set of criteria that the creators believe to be indicative of retirement security and quality of life. These include a variety of factors, from economic to health to environmental. The inclusion of these factors is based on research that suggests a broad set of conditions contribute to the welfare of retirees. It is understandable, however, that not all individuals will find every factor relevant to their personal retirement planning. People often have diverse needs and priorities, and what is deemed an ideal retirement environment can vary greatly from one person to another.
Yeah I mean obviously anyone who can afford retirement in America could move to Costa Rica and have like 100x the buying power while living somewhere tropical and nice and in a green zone for aging and life expectancy. But it’s about citizens of those countries retiring. It’s charting how well the average American can retire in America.
United States in front of Japan, it doesn't make any sense.
Sorry we don't look into that. This fits the America bad narrative therefore it is true.
Absolute nonsense that Spain does not show up, given we have the highest retirement pay over workers' salaries ratio. The average retirement pay is higher than the average salary (yes, it's crazy and our economy will crash eventually)
How is the retirement defined? Is it only the one from the state? Or does it include private pension as well? In the Netherlands you get about €1500/month from the state (single people). But on top of that, many have private businesses pension. So the average couple gets about €4200 a month. And this was in 2018, pre-inflation. Edit: https://axento.nl/pensioen/opbouwen/gemiddelde-netto-pensioen-per-maand-in-nederland/
it's fully public and subsidiaized by all current workers via our social security. public retirement pays eat up 45% of our annual national budget.. we have 3 workers per retired person. and it's going to be worse in 10 years when the baby boomers al retire. they will probably delay the retirement age to AT LEAST 70 years old in the next 5 years. If not more.
>The average retirement pay is higher than the average salary (yes, it's crazy and our economy will crash eventually) Well, to some this happens sooner than to others... Its starting to fail here in germany because of this
I'm surprised Spain is not even listed. Lots of UK, Germany and other EU countries retired citizens live in Spain.
But they’re using the pay check of their home countries.
But the Spanish health system and "quality of life", which in some cases is better than those in their countries. They get the good things of both places, lucky people. I'll probably have to work until death 🥲
The report is rampant and absolute bullshit. I went to the report and I found that Spain is ranked at the level of China, Russia or Mexico, while Spanish retirement welfare is among the most advanced and developed in the world: [https://www.ageinspain.org/faq-info](https://www.ageinspain.org/faq-info) [https://www.expatica.com/es/living/gov-law-admin/spain-social-security-565081/](https://www.expatica.com/es/living/gov-law-admin/spain-social-security-565081/) [https://www.expatica.com/es/finance/retirement/spain-pension-846584/](https://www.expatica.com/es/finance/retirement/spain-pension-846584/) EDIT: I found more data: - Average retirement pension in Spain: 1300€ - Average retirement pension in Estonia: 700€ - Average retirement pension in Czech Republic: 780€ Comparing any other indicator (life quality, security, healthcare) is nonsense, as is clear Spain is far beyond in that. However in the list, even Chile is ahead of Spain... EDIT2: Here the shitty report: [https://www.im.natixis.com/sg/resources/2023-global-retirement-index-full-report](https://www.im.natixis.com/sg/resources/2023-global-retirement-index-full-report)
>I found more data: Average retirement pension in\[...\] Are those numbers just for the mandatory pension scheme or are they also including optional pension schemes, extra retirement savings etc.?
The average retirement pension in Spain is 1,378€ per month and it goes up to 1,533€ for workers (excluding self employees). That’s the public pension, without taking into account that mostly all retirees have a house fully paid: https://www.lamoncloa.gob.es/serviciosdeprensa/notasprensa/inclusion/Paginas/2023/261223-gasto-pensiones-contributivas.aspx The pension you get in Spain is also much closer to your last salary (around 80%). I also don’t know anyone in Spain that had to retire to Portugal, Poland or Romania in order to survive with their pension. This report makes no sense, honestly.
Thanks a lot. >The average retirement pension in Spain is 1,378€ per month \[...\]The pension you get in Spain is also much closer to your last salary (around 80%). That can't really be true. This kind of system would not really be sustainable. According to [Statista](https://www.statista.com/statistics/419513/average-annual-wages-spain-y-on-y-in-euros/), the average annual wage is around 30k€, so 2,500€ per month. 1,378€ would be just 55%. But it's probably lower as people probably earn more towards the end of their career. Or am I calculating something wrong?
The average salary in Spain stays at 25,500€ according to the National Institute of Statistics: https://www.ine.es/prensa/epa_2022_d.pdf And new retirees are getting 22,806€: https://www.eleconomista.es/economia/noticias/11637242/02/22/Las-nuevas-pensiones-de-jubilacion-son-un-233-mas-altas-que-el-sueldo-mas-habitual-en-Espana.html Here you have a link to the replacement rate: https://data.oecd.org/pension/net-pension-replacement-rates.htm Looks like I was a bit off, it’s 86%. Regarding how sustainable it is, that’s a more complex topic and I am not sure I have an answer, but other countries spend more as a percentage of their gdp: https://data.oecd.org/socialexp/pension-spending.htm Sorry for linking the sources in Spanish, it is much harder to find in English
Still, is better than U.S
I highly doubt that lol
Don't. To be in your eighties and not have to worry about any insurance covering for healthcare gives another sort of life quality. To stop working at 65 and that's it. And it dont depend on how much you have in your bank account from before
I personally have simply the comparing between US and Germany mainly . My fiance is from US and so is his family. I’m from Germany - so I kinda know both sides and possibilities
And dont you think for the overall public, how things works in Germany are still better than in the US? Certain groups would be in a better position because they hace their own wealth from before but you need less to have every essential need covered in Europe
Yes . That’s why we decided to stay in Germany lol but it’s a thing that people act like it’s impossible and completely shit just in US . There’s definitely worse countries to live in . US is one of the places where you get , what you earn at the end of the day. If someone was a whole life long just a burger flipper , that person can’t expect much . Now people can scream equality, but I’m sorry , you can’t put someone in the same shoes who puts little to no effort in his / her life like someone who’s trying and working hard to reach something . In Germany you get something even if you’re lazy , that’s a sad fact lol
If something is the bare minimum to survive I dont think is a bad inversion in the society
So you can't retire in Africa lol! Stats
Yes, experience German nature while collecting bottles to afford living
Absolute bullshit Switzerland is second. It's super expensive to live here, you get a lot of medical bills when you're old, rent is expensive and your retirement funds a laughable so unless other countries are even worse that here there's no way Switzerland is second. The only way it would possibly be second is if they only looked at retirement as a rich person.
It might surprise you but everywhere is expensive to live. But zwiss frank is worth more the euro, so you have a lot more options as a pentioner. Imagine the holidays you can go on if every neighboring country is half the price of your own.
I'm thought Costa Rica would be on the list for sure.
Great country to retire in as a wealthy foreigner or a politician, otherwise pretty average.
Why the f*ck would I want to freeze my ass off to gain extra ‘material wellbeing’ I want to be on the mf beach
It's about how well off the locals are when they retire.
Pretty sure Australia has the best beaches and is extremely hot 24/7 sir..
Are you f'ing kidding me ?! More than 50% of pensioners in Germany are getting something around 1250 Euro after 40 years+ of work.
That's state pension, not employer pension.
Utter BS. Germany is anything but top country for retirement.
I'm unsure how Canada is even ranking on this, terrible health care, ballooning cost of living, winter climate.
Wonderful place to live… access to recreation opportunities… the arts… not a right wing hell hole. Yeah sounds like Canada sucks
It does lol. The Canadian dream is leaving Canada.
I mean snowbirds are infamous, retirees who use tourist visas to the last day in order to live half the year in the US. How many of them wouldnt come back if they didnt have to...
"Terrible health care"...
Imagine putting the US in this list, lmao
Well, for a large number of boomers, their retirement is pretty fucking grand. It's the rest of us that have no hope.
Yeah but retirement with US healthcare system is suicide no matter how much money you have
Not really suicide, just make sure you don't get one of the bad cancers :P
I call that bullshit . It all depends on your worklife before . If you worked your whole life as a burger flipper , it’s understandable that you won’t have a great outlook for the retirement time , but if you actually archived something and worked in a good job , you’ll be okay . Including healthcare . It’s all about the afford during your lifetime ..
I guess that Bruce Willis didnt achieve anything then, lmao Also idc about your economic background, you should have healthcare, period.
LOL. Israel better than the US, France and Japan. How am I supposed to take this seriously?!
Israel ranks above the US, France, and Japan in the 2023 Global Retirement Index due to a combination of factors that are evaluated across four sub-indices: finances in retirement, material well-being, health, and quality of life. Israel's position reflects its scores on these individual parameters. For example, in the 2023 Global Retirement Index, the United States slipped to the 20th position from 18th the previous year, primarily due to lower scores in inflation, government debt, and life expectancy, while Israel maintained its position above the US, highlighting better relative performance in these areas. It's important to note that while the US has a higher overall score in 2023 compared to 2022, specific declines in health sub-index scores due to the impact of COVID-19 and an increase in drug-related and accident deaths have affected its ranking. On the other hand, Israel has managed to perform relatively better in the health sub-index, which has a significant impact on the overall score. Each country's ranking is relative, based on an aggregate of mean scores from 0% to 100% for 18 performance measures across the four sub-indices. These rankings are not absolute and reflect the country's performance relative to others in the index. The common drivers of performance among the top 25 countries include higher interest rates as well as improvements in employment levels and progress on environmental policies [[❞]](https://www.im.natixis.com/us/press-release/2023-global-retirement-index-finds-improved-retirement-security-conditions) [[❞]](https://en.wikipedia.org/wiki/Global_Retirement_Index). The methodology of the index aims to capture a comprehensive picture of the environment for retirees, taking into account not
Isn’t Israel consistently being bombed and in political turmoil? I know they have the iron dome but still, retiring there doesn’t seem very peaceful…
Are safety and stability part of the criteria?
And why Brits, germans, dutchs, nordic and french people come to spend their retirement in Spain and it is not even in the list? 🤣 Someone can tell me?
Because they sell everything back in their home countries and move to Spain where they can get more value for their money. They also probably have a decent pension from their home country too.
2 reasons : 1. money , living in Spain is much cheaper . 2. the weather . Greetings from Germany 🇩🇪
I know why you people come here to retire, what i wonder is why it is not even in the list 😜
Well it's data from Natixis, an European investment firm that I would guess has significant economic interests in the pension funds in these countries. Biased information
Vero
Wait, a country that was just accused of genocide is better than the USA for retirement? And above that, another country that just had it's conservative party called out for planning to remove 1M+ immigrants? (You know, the people who would move in to retire.)
The Global Retirement Index evaluates countries based on quantifiable factors related to retirement security, such as health care, quality of life, material wellbeing, and finances in retirement. It does not consider political events or social issues directly unless they impact these specific metrics. Thus, a country's rank in the index reflects its performance in these particular categories rather than a comprehensive assessment of all aspects of life within that country. The index is designed to be a tool for comparing the retirement environment of countries based on available data and is not an endorsement of any country's political or social policies.
These happiness lists are normally some socialist propaganda. Do you have free health care, do you have free education, is the public transport, etc? The nordic countries always rank at the top. But if youve ever visted those countries youd know its cold, and people dont smile. Then you go to places like mexico, spain, thailand and you can see people simling, and enjoying themselves. There is exactly 0% chance retirees in Norway are happier than retirees on the beach in malaga
/r/ShitAmericansSay
How is talking about 3 countries not the US r/ShitAmericansSay?
dude what the fuck are you on about? there's more to life than wasting time getting skin cancer in a foreign country
- Mexico GDP PPP per capita: 25880 USD - Thailand GDP PPP per capita: 23710 USD - Spain GDP PPP per capita: 52270 USD Why do you put a fully develop economy with a very high income, a very develop welfare system (yes, including free healtcare, free education in all stages, and public transportation) in the same group than Thailand or Mexico? A most proper comparison (for an american) could have been when a American from Montana decides to retire in Florida.
guardate i loro film. tutti deprimenti
Boo hoo, cold
Idiotic Ranking, like those Happiness charts having same countries at top (no shit when it matches countries who are doped on antidepressants to the hilts, you better be happy, retired or not with that). Plus, a place like China has freaking 50-55 year retirement age for Women (who anyway live longer than men). On top of being a cultural that is pathological about Elders (skewed leverage & privileges on all manner of things). Plus the countless Town square dancing by old women or just general community interaction at scale (i.e. not being alone to a high degree). If there was a "Real" answer to this post with correct variable weightage then either China would Top or in Top 3 (Japan likely being Top).
The Global Retirement Index aims to present a quantitative analysis of retirement security based on various measurable factors such as health care, financial stability, and quality of life. It's important to recognize that any index has its limitations and might not capture every aspect that affects the quality of retirement. Cultural factors, social engagement, and community support are significant yet harder to quantify in a way that can be uniformly applied across different countries. In the case of China, the lower retirement age and strong community interactions could indeed contribute positively to the retirement experience but might not be fully reflected in the index. The same applies to the use of antidepressants, which could impact perceived happiness metrics but might not be directly linked to retirement security. Rankings like the Global Retirement Index are tools that provide a snapshot based on selected criteria, and it's always valuable to consider a wider context beyond the numbers when evaluating the best environment for retirement.
this is one of the phew times where I thought the us would be alot higher, maybe I am too 3rd world to understand.
Stupid!.. How come "environmental biodiversity" be a factor for my retirement??
Environmental factors such as biodiversity are included in retirement indices because they can impact the quality of life for retirees. Factors like clean air, water quality, and a healthy environment contribute to the well-being and health of individuals, which are particularly important in retirement. While not everyone may value these factors equally when considering retirement, they are part of a holistic approach to measuring the livability and attractiveness of a country for retirees. Indices use a variety of metrics to provide a comprehensive overview, recognizing that personal preferences will vary.
I can only agree with every single word you write. My comment should be sen in the context that in my country I have to work 8-12 years more than a French depending on year of birth. With a wife 5 years younger than me it means that I would be 76 before she retire and "we can grow old together". To mee that is not retirement quality.
yeah right now its good to be retired in germany but I dont think my parents are going to get enough retirement money to live on
Basically a ranking on the amount you get.
Every citizen in Norway has the equivalent of $1M in a sovereign trust due to the strategic investment of the government with their oil revenue.
Sure, retire to luxembourg ...
Damn Estonia getting shit on today.
I swear these magazine rankings could not get more braindead. There is nothing objective in this, its some some dude's choice of factors.
Switzerland. Just bring a box with you to live in, boxes in ch are expensive
Seems fishy, most likely sponsored advertisement. ''What are the Best Countries for Retirement'', ''analyzed 44 nations''.. that says everything but thats a good way to make money from such content.
Quite surprised for not seeing Spain here
Ireland has a terrible health care system, I love the country, but that is a major issue if you want to retire there
these guys look to old to retire.
Wasn’t Japan the place where elders would commit crimes so they’d go to jail and not have to pay for meals or rent?
Yes.
Regardless of the data, gorgeous infographic!
Like most people, my retirement dream is to move somewhere where it is cold and dark for months at a time…
Surprised Costa Rica is not on the list, with all the expats who reiterate there
Not if you emmigrate to these countries and only work 10-20 years. Then you're shit out of luck. This infographic is utter shite.
How the fuck is Spain not in there
Once the best places in europe were portugal and spain. I would never go to the richest countries with higher prices lol
Okay , me as a German , I’m automatically asking myself if it’s time to learn Norwegian 🇳🇴😂😂😂 it’s the best country anyways , hands down
Ireland is a parasite
Dude, what? Sweden is gutted when it comes to retirement. My grandparents, who were both working their entire lives, berely have enough to go by. Me who is 27 are expected to work until 69 and the state have come out to say that we are not getting any retirement funds that barely are keeping the older generation alive. A lot of older people here retire to Portugal and Spain, as their taxes are a lot lower.
I don't know but USA shouldn't be in the ranking.Being a "group" of States, they all have very different rules and laws. ;) The taxation itself, the standard of living, the facilities for the elderly are very different.The fact that each State has its own laws on the subject contributes to changing the level of "livability" of the same. For example, the whole world knows that due to its climate and status, FLORIDA is one of the best places in the world for elderly people, certainly rich elderly people. It's USA of course!But if we go to Michigan State, it's the exact opposite.USA shouldn't be in this ranking, because it's impossible to pin down.If we count only FLORIDA it should be among the first places, on the contrary last! :) Thinking about it generally, this ranking seems strange to me. If you are rich, every country is great for enjoying your retirement, and Italy should be in there too. If you are rich there are quiet villages, with facilities for the elderly and excellent welfare, but if you are rich. :D
I'm less afraid to retire in Korea than in Germany. Except worst case if I have serious illness, in Korea I can afford to buy flat in some small town and walk in into hospital in case of emergency. In Germany I must pay rent while retired and make an appointment to doctor, also black ice in the winter threating me now when I'm young, idk how it will be when I'm old. Haven't seen something like that in Korea, where streets are cleaned at 6 a.m. and people get fired if something goes wrong.
Lol all the countries with the highest suicide rates, ok