Australia is 5th, New Zealand is 9th Best Countries in the World to Retire (VIDEOS)

  • Rate this Story
  • 0
  • 0

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.

IBTimes Pictures
A tall ship sails past the Sydney Opera House as it enters Sydney Harbour as part of the International Fleet Review celebrations

Related Articles

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."

YouTube/mccrindleresearch

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.

YouTube/Best Places

Here is the complete list of the top 10 retirement havens.

1. Switzerland

2. Norway

3. Austria

4. Sweden

5. Australia

6. Denmark

7. Germany

8. Finland

9. New Zealand

10. Luxembourg

To contact the editor, e-mail:

(Photo: IBTimes Pictures / )
A tall ship sails past the Sydney Opera House as it enters Sydney Harbour as part of the International Fleet Review celebrations
  • Rate this Story
  • 0
  • 0
This article is copyrighted by IBTimes.com.au, the business news leader

Join the Conversation

IBTimes TV
E-Newsletters

We value your privacy. Your email address will not be shared.