Australia is 5th, New Zealand is 9th Best Countries in the World to Retire (VIDEOS)
By Vittorio Hernandez | February 27, 2014 9:51 AM EST
Many Baby Boomers, people born between 1946 and 1964, are already contemplating the question of where to spend their retirement years as most of them approach the end of their careers.
Natixis Global Retirement Index recently released its second list of the best countries where to spend your golden years.
A tall ship sails past the Sydney Opera House as it enters Sydney Harbour as part of the International Fleet Review celebrations
In ranking the 150 counties, Natixis used four broad categories, namely: health, including life expectancy and access to quality health services; material well-being or the means to live a comfortable life in retirement; quality of life, including factors such as crime rates and air pollution; and finances, including strength of the host nation's financial system and tax rates.
Numbers are provided for the four categories with 10 being the highest. European nations dominated the list with 8 of the top 10 positions. The only two countries outside Europe that made it high on the list are from the southern hemisphere - Australia in 5th place and New Zealand in 9th place.
The topnotcher is Switzerland, followed by Norway, which just traded places from the first list. Switzerland is recommended for retirees who are into golf, hiking, skiing or hang gliding. Norway, with its population-to-oil reserve ratio "would make any Texas tycoon weep."
Australia was noted for its growing economy and extremely low levels of unemployment, while New Zealand is the haven for active retirees who are searching for a health conscious and outdoorsy community with beautiful and dramatic landscape to boot.
Here is the complete list of the top 10 retirement havens.
9. New Zealand
To contact the editor, e-mail:
Most Popular Slideshows
- Prince William & Kate Middleton Caught Flirting In A Countryside Dinner Date [PHOTOS]
- Kate Middleton’s Mom Accused Of Being A Social Climber, Prince George Not Seen By Relatives
- Angelina Jolie & Brad Pitt’s Top Secret Wedding Tramps Jennifer Aniston’s ‘Friends’ Reunion & Pregnancy Talks [PHOTOS]
- 2014 US Open: Hottest Male Tennis Players To Watch [PHOTOS]
Join the Conversation
- Pricey iPhone 6 on Release Date Likely but with 3X Retina Resolution & Mobile Payment Service – Reports
- 5.5-Inch iPhone 6 is iPhone Air on Sept 19 Release Date: 5 Things to Consider Before Buying
- Nexus 6 Release Date Update: Moto X+1 Look Leaked, Nexus X or Shamu Moved to Demo Phase
- Google Nexus 8 Confirmed as HTC T1 aka Volantis/Flounder with Freshly-Leaked Specs & Features – Reports
- Europe, US Next on ISIS’ Hit List, Says Saudi King; Seized ISIS Laptop Reveals Terrifying Bio-Warfare Plans
- iPhone 6 On Release Date To Feature Qualcomm MDM9625M LTE, 1GB RAM, Mobile Payment Deal With AMEX, 1334x750 Display
- Leaker of Actresses Nude Photos Accepting PayPal Donations in Exchange For Posting Alleged Sex Video of Jennifer Lawrence, Has Naked Pictures of 100 Hollywood A-Listers