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Living well on retirement? It works in ten countries – Germany is not one of them

2022-12-12T16:34:37.659Z


In Germany people are retiring later and later. In other countries it is very different. But where is the best place to live after retirement? An analysis provides information – with surprising results.


In Germany people are retiring later and later.

In other countries it is very different.

But where is the best place to live after retirement?

An analysis provides information – with surprising results.

Many citizens complain about the German pension system and hope for reforms.

After all, most don't usually retire until they're 67.

On average, the Germans live 81 years - there is not much time left to fully enjoy the old age.

Dissatisfaction grows when you look left and right at other countries.

In a figurative sense, these make us look very old – after all, it is much better to live there in old age.

Top ten ranking: Life is not good for pensioners in Germany

At least that is what the "Global Retirement Index" (GRI) of the asset management company Natixis Investment Managers shows in cooperation with the research institute CoreData.

The surprising result: In many other countries around the world, pensioners can really enjoy themselves - but Germany is not one of them.

A total of 44 countries were examined in four categories: health, quality of life, material well-being and finances in retirement.

Parameters such as life expectancy, level of happiness, air quality, per capita income and inflation were important for the analysis.

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Norway is an attractive emigration destination for pensioners.

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© Westend61/Imago

Each factor was given a score from one to 100 percent, which was then added up.

A northern European country made it to pole position with a score of 81 percent – ​​and that's Norway.

It even made up two places compared to the previous year.

Here are the top ten most liveable countries for retirees:

  • Norway

  • Switzerland

  • Iceland

  • Ireland

  • Australia

  • New Zealand

  • Luxembourg

  • Netherlands

  • Denmark

  • Czech Republic

  • Germany

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What other countries have ahead of Germany in terms of pensions

Norway scored particularly well in the quality of life and health factors, pushing Iceland from first place.

This must admit defeat in 2022 with third place, Switzerland remains in second place.

There are two newcomers to the top ten in retirement rankings: Luxembourg and the Czech Republic.

What they all have in common is that they mostly do “very well” in all categories.

Pension fairy tale: "Retirement comes automatically" - nine myths that circulate about the salary in retirement

Pension fairy tale: "Retirement comes automatically" - nine myths that circulate about the salary in retirement

Germany, on the other hand, has slipped to eleventh place this year and has therefore no longer made it into the top ten.

Especially when it comes to “finances in retirement”, Germany lags behind in terms of points.

A major problem that will be exacerbated in the future in view of demographic change when the largest group, the "baby boomers", will soon retire in large numbers.

A retired couple even spends their retirement years on a cruise ship - because it's cheaper.

Another lives in a mobile home, his “economy vehicle”.

List of rubrics: © Westend61/Imago

Source: merkur

All life articles on 2022-12-12

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