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Tuesday, October 20, 2020

Stats Gate

The United States ranks 16th in 2020 Global Retirement Index

Retired couple

The United States continues to lag other developed countries when it comes to ensuring retirement security, according to the 2020 Global Retirement Index (GRI). Scandinavian countries maintained a strong showing in the top 15 with Iceland leading the way at No.1, Norway (No. 3), Denmark (No. 9), Sweden (No. 11), Finland (No. 15).

The index, in its seventh year, gives a snapshot of the well-being and financial security of retirees in 44 nations. The top three overall countries with the highest GRI score are Iceland, Switzerland, and Norway. All three have consistently traded off finishing first in the overall ranking for the past four years, the report noted. Overall scores for the 44 nations listed on the index are determined by creating individual scores for health, finances in retirement, material wellbeing, and quality of life.

The 2020 Global Retirement Index:

  1. Iceland
  2. Switzerland
  3. Norway
  4. Ireland
  5. Netherlands
  6. New Zealand
  7. Australia
  8. Canada
  9. Denmark
  10. Germany
  11. Sweden
  12. Austria
  13. Luxembourg
  14. Czech Republic
  15. Finland
  16. United States
  17. United Kingdom
  18. Israel
  19. Slovenia
  20. Malta
  21. Belgium
  22. South Korea
  23. Japan
  24. Estonia
  25. France

New Zealand has been recognized as the best country in the world to retire, according to the CEOWORLD magazine, while Luxembourg and Switzerland placed second and third, respectively.


Have you read?
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Sophie Ireland

Sophie Ireland

Contributors Editor
Sophie Ireland is the Contributors Editor at for CEOWORLD magazine, where she covers hiring trends, money, the future of work, and lists and rankings, and all things related to professional success for readers. She has ten years of experience in research, spanning market research, data analytics, macroeconomics, and financial services. She can be reached on email sophie-ireland@ceoworld.biz. You can follow her on Twitter at @ceoworld.