The 2019 Global Retirement Index study recently listed somewhere that isn’t Florida, isn’t in The United States, and isn’t near the equator as the best country to retire.
According to the report, the country ranked as the highest to live in following retirement is…. Iceland. The nation was ranked first among 44 developed countries when it came to retirement, according to the seventh annual report by Global Retirement Index released by Natixis Investment Managers.
The United States was 18th.
Switzerland and Norway rounded out number two and three, respectively.
How did Iceland get the top spot? The study examined a variety of categories including health, material well-being, finances and quality of life.
Why is the United States lower than you might think? According to the report, an increasing number of retirees in proportion to working adults stresses Social Security and Medicare, which can lead to economic inequality and a lower score for happiness overall.
The idea that this small and sparsely populated county may come as a surprise to some, but probably not those who are living their golden years in an area that can best suit their needs.
Read more about the study with these links below.