Natixis IM has published the Global Retirement Index 2023, assessing the retirement conditions of 44 countries worldwide.
This time, Norway, Switzerland and Iceland remained at the top of the rankings, achieving the best results among the evaluated territories.
In fact, almost all developed countries in the 2023 Index this year received a higher overall score in all four aspects assessed: finances in retirement; material well-being; Health and quality of life.
Colombia climbs three places, but…
How did Colombia do? Although the country improved compared to last year, moving up three places, it still ranks last in the measurement.
Thus, the national territory increased from field 44 to 41 and received a weight of 37% compared to 100% of the conditions evaluated.
“The South American country achieves its best record in the last three years, reaching 41st place in the index, but the indicators achieved are below the leading countries in the study,” said Natixis IM.
According to the ranking, Colombia performs best in finance with a score of 62%; in health status it reached 51%; in quality of life 57%; and material well-being 11%, the latter being one of the worst indicators among participants.
The best countries for retirement
In any case, the top 10 best countries for retirement looked like this:
1. Norway
2. Switzerland
3. Iceland
4. Ireland
5. Luxembourg
6. Netherlands
7. Australia
8. New Zealand
9. Germany
10. Denmark
The worst countries to retire in
The worst on the list were:
35. Chile
36. Greece
37. Spain
38. China
39. Russia
40. Mexico
41. Colombia
42. Türkiye
43. Brazil
44. India