Beating the United States, Canada ranks as the number 14 country to retire. As per the survey released by the Natixis Global Asset Management on Global Retirement Index, Canada is one of the non-European countries to make it into the list of 20 countries. The US hardly made the list, securing the 19th position.
The Natixis Global Retirement Index, examines the quality of life and security after retirement in 150 countries, assessing several performance indicators on the whole, such as welfare benefits after retirement and in old age.
The survey evaluated four broad categories as performance indicators. These are life expectancy, health, material well being, quality of life and access to quality health services. The survey also assessed some of the individual factors such as the strength of the country’s financial system, air pollution and crime rate.
Canada attained maximum marks for quality of life, with relatively high importance given to the country’s relaxed culture. Health attained the country’s second highest score, probably credited to an extensive public health system of Canada.
US and UK are the two countries culturally similar to Canada, but which are both positioned low on the list. These two countries scored very low, particularly for financial stability.