- Switzerland is the best country to retire comfortably, according to US News & World Report.
- Portugal, Australia and New Zealand also topped the list thanks to good healthcare and affordability.
- Switzerland was ranked for the second consecutive year as the best country in the world.
Looking for a comfortable and quaint place to retire? Maybe try the mountains and lakes of Switzerland.
Switzerland ranks first US News & World Report Top Countries Ranking both in general and for a comfortable retirement. Switzerland also topped the charts for being “open for business,” meaning more business-friendly, and for having a corporate headquarters. Switzerland also topped last year’s Best Countries ranking, which looks at 87 countries based on attributes including entrepreneurship and quality of life.
“Switzerland isn’t necessarily known as the most affordable country out there, and it’s quite expensive, at least relative to its neighbors and other countries in Europe,” Devon Haynie, assistant editor-in-chief of US News & World Report, told Insider.
“But people are really a big fan of Switzerland,” he said, noting that Switzerland is considered the most economically stable, safest and least corrupt country.
Portugal, Australia, and New Zealand also ranked high among the best countries for a comfortable retirement due to their health care, social security and pension programs, and cost of living. The list was based on how people perceive countries’ affordability, fiscal environment, friendliness, climate, and healthcare systems. The United States ranked 30th on the list of comfortable retirees, while seven of the top 10 are in Europe.
The United States ranked highest among the best countries to start a race, ranking third behind Germany and Canada. The United States ranked fifth on the list of the best countries to start a business, led by India, Thailand, China and Mexico. In the overall ranking of best countries, the United States also came in fifth.
These are the 10 best countries in the world for a comfortable retirement, according to the ranking of US News & World Report: