List reveals the top 10 best places in the world to retire
Retiring abroad can offer more affordable health care and better quality of life (if you're willing to drop everything and move, that is).
Here are the top locations for retirement around the world, as reported by MarketWatch, and based on the Natixis Global Retirement Index.
The Natixis Global Retirement Index ranks retirement security in 150 countries. MarketWatch explains: "The study, tapping data from the World Bank, World Health Organization and elsewhere, ranks countries on criteria such as access to health care, life expectancy, unemployment, income equality, tax burden, savings yields, investment environment, the country's overall financial stability, and quality of life, including whether the country provides "a clean, safe environment in which to live," according to the report." (You can check out the full 2015 report here.)
Natixis reports that, "For the third consecutive year, the U.S. placed 19th among the 150 nations on the list, as benefits of the U.S. economic recovery offset growing demand on government finances. France was 18th, with the U.K. placing 22nd."
Check out the top 10 places for retirement security below:
1. Switzerland
Strong economy and banking system
Mandatory pension system
2. Norway
Universal health care system
Strong material well-being
3. Australia
Strong retirement savings program
Strong economy and banking system
4. Iceland
Bright economic outlook
Improvement in banking sector
5. Netherlands
Improved economy
Strong material well-being
6. Sweden
High quality of life
Quality natural environment
7. Denmark
Relatively high per capita income
Narrow income gap among citizens
8. Austria
Ranked No. 1 in health care
9. Germany
Low income inequality
Strong health care system
10. New Zealand
-Improving income equality
-Strong health care system
Of course this isn't the only list claiming to have found the 'best' spot to retire. International Living's "World's Best Retirement Destinations for 2015" begs to disagree with Natixis. In January, IL awarded Ecuador the honor of being called the "The World's Number 1 Retirement Haven."
What do you think? Share your thoughts in the comments.
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