18. United States
Finances in retirement index: 71%
Quality of life index: 76%
The US fell two spots on the ranking this year after posting weaker scores in all four sub-indices. Material well-being dropped because of lower scores for income equality and income per capita, though the employment indicator improved.
17. United Kingdom
Finances in retirement index: 56%
Quality of life index: 85%
The UK remains No. 17 this year, despite a marked decline in finances attributed to a drop in the tax pressure indicator. In addition, poor scores for life expectancy and insured health expenditure indicators weaken its overall health ranking.
16. Israel
Finances in retirement index: 70%
Quality of life index: 77%
Israel's finances in retirement score is highest of all its sub-indices, thanks to improvements in bank nonperforming loans and interest rates. Its material well-being score also improved.
15. Austria
Finances in retirement index: 54%
Quality of life index: 87%
Despite lower scores in the health and material well-being categories, Austria has demonstrated strong improvement on its indicators for finances in retirement.
14. Czech Republic
Finances in retirement index: 69%
Quality of life index: 75%
Czech Republic ranks No. 1 for employment and fourth for income equality, boosting its material well-being category this year. The country also saw an improvement in its happiness score this year.
13. Germany
Finances in retirement index: 56%
Quality of life index: 82%
Germany experienced declines in all four sub-indices, with finances in retirement suffering greatly due to lower scores on tax pressure, old-age dependency, and governance indicators.
12. Finland
Finances in retirement index: 62%
Quality of life index: 92%
Finland maintains the highest score for happiness among all countries on the list, boosting its quality of life index to No. 2 overall.
11. Netherlands
Finances in retirement index: 57%
Quality of life index: 82%
The Netherlands drops out of the top-10 this year, in part due to drops in quality of life and health indicators, including life expectancy and environmental factors.
10. Luxembourg
Finances in retirement index: 60%
Quality of life index: 83%
Luxembourg boasts the No. 1 ranking for health, bolstered by top scores for insured health expenditure and health expenditure per capita.
9. Australia
Finances in retirement index: 77%
Quality of life index: 81%
Australia dropped three places in this year's ranking, driven by drops in quality of life and finances in retirement indicators, though it's best-performing sub-index is still the latter.
8. Canada
Finances in retirement index: 73%
Quality of life index: 82%
Canada represents the "middle of the pack" — none of its sub-indices rank exceptionally high or low. Yet, the country was boosted slightly this year thanks in part to higher scores for income equality and employment in the material well-being category.
7. Denmark
Finances in retirement index: 60%
Quality of life index: 93%
Denmark takes the No. 1 spot in quality of life, where the indicators for happiness, air quality, environmental factors, and biodiversity all rank in the top 10.
6. Sweden
Finances in retirement index: 65%
Quality of life index: 89%
Compared to least year, Sweden fell slightly in the categories of finances in retirement, quality of life, and health. However, it rebounded with a boost in material well-being, thanks in part to a higher score for employment.
5. New Zealand
Finances in retirement index: 79%
Quality of life index: 89%
If nothing else, New Zealand is consistent. This year marks its third in the No. 5 spot, supported by high scores in happiness, air quality, and environmental factors.
4. Ireland
Finances in retirement index: 72%
Quality of life index: 83%
Improvements in the finances in retirement and health categories boosted Ireland's overall ranking this year to No. 4. A lower score for income equality affected its showing on the material well-being sub-index.
3. Norway
Finances in retirement index: 59%
Quality of life index: 90%
While Norway ranks far down the list for finances in retirement — dragged down by low scores for tax pressure and interest rates — the Scandinavian country shows strong in the health category, which measures longevity, health spending per capita, and insured health expenditures.
2. Switzerland
Finances in retirement index: 77%
Quality of life index: 91%
Switzerland dropped from the No. 1 spot this year, but it is still the only country with top-10 ranks for material well-being, finances in retirement, quality of life, and health. Switzerland ranks sixth on the happiness indicator.
1. Iceland
Finances in retirement index: 72%
Quality of life index: 86%
Iceland appears in the No. 1 spot for the first time this year, thanks to top-10 rankings in quality of life, finances in retirement, health, and material well-being.
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