Here Are The Best Countries to Retire
Looking for the best place to retire has been a tedious and overwhelming task for our retirees. For one, they want to determine if the ideal place they have in mind offers great privileges to the retirees like tax exemptions and comprehensive healthcare.
Aside from that, the retirees want to know the place’s cost of living, if it’s affordable or expensive for them. If you’re one of these challenged retirees, here are the top best countries to retire according to the experts.
Just this week, the Natixis Investment Managers
released its annual rankings of the best countries to retire based on their finances, healthcare, material well-being, and quality of life.
The United States’ latest ranking was a modest improvement compared to Ireland, which increased its ranking to debut in the Top 10 list for the first time. Canada also increased its ranking to resume its spot at number 9. According to the Executive Vice President Ed Farrington, the top 10 countries have three things in common namely:
- Low levels of income inequality
- Strong social Programs
- Universal and Comprehensive Healthcare.
When asked as to why the United States didn’t rank well, Farrington says it’s because of the widening income gap in other areas, the impending high healthcare costs and the challenges to secure a comfortable retirement.
Despite these challenges, Farrington says the US still managed to bump its ranking on the list due to its financial strength, improvements in the job market, and in tackling environmental issues like improving air quality. Here are the top best countries to retire according to the list.
The Netherlands landed on the tenth spot with a Global Retirement Index score of 76%. According to the UNICEF report, the Netherlands is not only a perfect place for older people to retire, but it’s also a perfect place to live for children because of its comprehensive yet affordable healthcare and education system.
According to the report, the Dutch children were the happiest children in the world. Hailed as the home for prestigious organizations in the world like the International Criminal Court, the Netherlands implements an exceptional education system which makes most of its students excel in universities and their respective fields.
This Scandinavian country landed on the 8th spot with Global Retirement Index Score of 77%, only slightly above the Netherlands. Despite the nation’s high taxes, its constituents aren’t complaining since everything is basically free. They receive social security, universal health care, and pension which makes it an ideal place to retire.
The kingdom of Denmark widely supports the welfare state to improve the nation’s life and well-being.
This Oceanic country land on the 6th spot with Global Retirement Index Score of 78%. If you want to live in a clean and less polluted country, then Australia is the perfect place to retire. This country is home to various natural ecosystems like golden sandy beaches, clean water, arid deserts, tropical rainforests, and snowy mountains. Australia also has over 14 world heritage sites and 500 national parks. So if you’re a nature and animal lover, you can find a haven in this place.
However, Sweden has the best benefits in the world. Just to start, all employees are entitled to five weeks paid vacation. It can even go longer if you’re older or working in the government (perfect for retirees.)! They also have universal healthcare, free daycare, and education system. Yes, even going to a university is free! It’s also a safe place for women because the government empowers women and strives for equality.
This European country landed on the top spot with Global Retirement Index Score of 84%. Switzerland is the haven for personal safety, solid infrastructure, and natural beauty. Hailed as a beautiful, safe, and clean country, the children can walk to school freely during the day and night without worrying for their safety since violent crime is nearly 0%. Moreover, the country has one of the lowest taxes in the world, which makes it perfect for the retirees! In fact, retirees can just pay a lump sum tax to fasten their permit processing to move in easily.
More in Retirement
Beyonce and Jay Z’s Uber Luxurious Bel Air Mansion You NEED to See
Have you ever wondered what type of house Beyonce and Jay Z live in? The power couple has a $500 million property in...January 17, 2019
Will Smith is the ‘Fresh Prince of Calabasas’ With $20M Mansion that Has Its Own Zip Code!
When you have one too many millions in your bank account, you’ve gotta show it off like Will and Jada Smith. Having a...January 17, 2019
5 Great Tips to Making Mortgage Renewals This 2019!
Until most recent times, homeowners anticipated the renewal of their mortgages primarily because they were financial institutions looking to get in...January 17, 2019
Take a Look Inside Ellen Pompeo’s Opulent 1930’s-Inspired Mansion
Ellen Pompeo has an old-school taste when it comes to homes which is why she employed interior designer Martyn Lawrence Bullard to transform...January 16, 2019
Just Like the Star, Serena’s Clothing Line Stretches the Limits
Serena Williams exudes star quality. It is this particular trait that drives most of her undertakings. As a leader on the...January 16, 2019
The Top 5 Distinctions Between You and Celebrities When Buying Property
Celebrities live large. At least, that’s what the news headlines tell the world. One week the tabloids are showing Madonna’s Sunset...January 16, 2019
Research Shows Women are Better Investors
A quick look at Wallstreet will have you convinced that men are better investors than women. The same applies when you...January 16, 2019
Top Financial Tips for 2019
With the holidays gone, it’s high time to whip up your financial state in order. Here’s a guide on how you can...January 16, 2019
Retirement Income Seekers Are Now Turning to Annuity Purchases. And This Is Why…
Individuals are finally buying annuities once more, and for a number of solid reasons. A couple of years ago, there was...January 16, 2019