Rising inflation and a volatile stock market contributed to the United States falling from 17th to 18th place among the top 44 industrialized nations in the 2022 Global Retirement Index (GRI) released recently by Natixis Investment Managers (Natixis IM). The United States ranked 23rd a decade ago.
Now in its tenth year, the 2022 Natixis Global Retirement Index takes a deep dive into the critical issues driving global retirement security on the heels of the pandemic – and reveals the top countries for retirement security around the world.
The GRI rankings are based on an aggregate of mean scores from 0% to 100% for 18 performance measures in each of four sub-indices – Finances in Retirement (U.S. ranked 11th), Material Wellbeing (U.S. ranked 30th), Health (U.S. ranked 17th) and Quality of Life (U.S. ranked 21st) – which are combined to provide an overall picture of the environment for retirees.
Norway ranked No. 1, followed by Switzerland and Iceland. Luxembourg and the Czech Republic move into the Top Ten, while Germany and Canada dropped out. Read the full report.