In the finances in retirement sub-index of the Global Retirement Index of 2023, Switzerland ranked highest with an index score of 75 percent. South Korea, Australia, Singapore, Luxembourg, and Ireland followed behind, all with a score of 73.
Finances in retirement sub-index in the Global Retirement Index 2023
Natixis adds the following information about the Global retirement Index:
The Global Retirement Index (GRI) is a multi-dimensional index developed by Natixis Investment Managers and CoreData Research to examine the factors driving retirement security and to provide a comparison tool for best practices in retirement policy. The GRI is a composite welfare index which combines 18 target-oriented indicators, grouped into four thematic sub-indices. The four sub-indices cover four relevant considerations for welfare in old age.
The index includes International Monetary Fund (IMF) advanced economies, members of the Organization for Economic Cooperation and Development (OECD) and the BRIC countries (Brazil, Russia, India and China). The researchers calculated a mean score in each category and combined the category scores for a final overall ranking of the 44 nations studied.
The Finances in
Retirement sub-index is based on
performance across seven indicators:
old-age dependency, bank nonperforming
loans, inflation, interest rates, tax
pressure, government indebtedness and
governance.
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Natixis Investment Managers. (September 13, 2023). Finances in retirement sub-index in the Global Retirement Index 2023 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1337080/global-retirement-index-finances/
Natixis Investment Managers. "Finances in retirement sub-index in the Global Retirement Index 2023." Chart. September 13, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1337080/global-retirement-index-finances/
Natixis Investment Managers. (2023). Finances in retirement sub-index in the Global Retirement Index 2023. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1337080/global-retirement-index-finances/
Natixis Investment Managers. "Finances in Retirement Sub-index in The Global Retirement Index 2023." Statista, Statista Inc., 13 Sep 2023, https://www.statista.com/statistics/1337080/global-retirement-index-finances/
Natixis Investment Managers, Finances in retirement sub-index in the Global Retirement Index 2023 Statista, https://www.statista.com/statistics/1337080/global-retirement-index-finances/ (last visited October 06, 2024)
Finances in retirement sub-index in the Global Retirement Index 2023 [Graph], Natixis Investment Managers, September 13, 2023. [Online]. Available: https://www.statista.com/statistics/1337080/global-retirement-index-finances/