The best countries for retirees. That's where they live best

world news – The best countries for retirees. More than a quarter of German pensioners have a net monthly income of less than €1,000. This is according to data from the Federal Statistical Office from September 2022. For many senior citizens in Germany, the financial situation has become very difficult – especially now, in times of extremely high inflation. This problem is also visible in international comparison.
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According to this year’s “Global Retirement Index” developed by Natixis, Germany is quite far behind. The annual analysis examines the situation of pensioners in 44 countries. The study assesses 18 factors, which are in turn divided into four categories:

Health: life expectancy, health expenditure per capita, uninsured health expenditure;
Quality of life: satisfaction, air quality, water and sanitation, biodiversity, environmental factors;
material well-being: income equality, per capita income, unemployment;
Finances in retirement: age dependency, bank loans, inflation, interest rates, fiscal pressures, governance, public debt.

The best countries for retirees. That’s where they live best

In the end, each country receives a percentage – the higher the better. She took first place in this year’s ranking Norway with a score of 81%. The Scandinavians were the most persuasive in the “Health” category with a score of 91%. Such a high result is due to the average life expectancy. In the health ranking second and third place successively occupy Luxembourg and Japan.

She took second place overall. Swiss. Germany’s neighbors stand out above all in the area of ”retirement finances”. This is mainly due to the extremely low inflation rate of three percent.
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The little one is in third place Iceland. There, the average is quite good in all areas considered. Last year, however, she managed to take the top spot.

Germany drops out of top 10

Germany they are not even in the top ten and have lost three places on 11th place – behind the Czech Republic. The country suffered the largest losses in the “material well-being” category. This is due to the low income equality score. The situation in the area of pension financing is also bad, but no worse than in previous years. Here, Germany ranks 30th in the international comparison with 55%.