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Which are the best countries to live out your golden years

At different ages people have different needs and while kids and young adults need an active environment, elders need a peaceful and safe one. It is no secret that the elderly population is progressively increasing, and it is expected that by 2050 elders will be 22% of the total world population. In 2020 the magazine CEOWORLD has conducted a global study amongst 105 countries to rank which are the best countries for elderly people. The ranking is based on how well each country is doing in seven categories – life expectancy, safety index, health index, happiness index, cost of living, property prices and retirement age. Here are the countries who ranked in the top 10:


Finland may be a small country, but it is extremely comfortable for older people. The average life expectancy is reported as 81.9 years, the health care index is 75.27 and the happiness index is 7.77 out of 10. After all, quality and a happy life are better than any other achievements for a country. In addition, the country has made considerable efforts and continues to do so to improve the quality of life of its elderly population. So, it is no surprise that Finland was named as the best country for elders to live.


Denmark is without a doubt a beautiful country, but it turns out to be a good place to live after retirement as well. The government and the citizens strive to make life here easy and comfortable. Due to the favorable conditions, the life expectancy is 80.9 years, and the health care index is also high – 79.22. In addition, their happiness index is also quite high – 7.6 points out of 10. The country implements specific programs aimed at meeting the needs of society. They have retirement plans to provide economic security for the elderly and specialized health plans. Denmark is the second-best country to live in for retirees.

The Netherlands

Almost 25% of the Dutch population is over the age of 60. That is one of the highest in the world. So, it is not surprising that the government is seriously committed to meeting the needs of older people and maintaining a modern healthcare system. The people of the country enjoy a high life expectancy of 82.3 years. In addition, the elderly population is extremely satisfied with the living conditions and the quality of the services offered, which is confirmed by the high happiness index of 7.49. An important factor is that the government provides pensions to all citizens over the age of 65. This country is setting an example to the whole world for a successful approach to the issue with the growing elderly population.


Switzerland is a very beautiful country, but besides beauty, it also offers a good life to its elderly population. According to reports, compared to other countries, adults enjoy comfortable living conditions and an average life expectancy of 83.8 years. The country has an extremely advanced healthcare system and a health care index of 73.23 out of 100. According to surveys, almost 93% of people over the age of 50 say they feel happy and satisfied with their lives.


According to statistics by the United Nations, Australia is the second-best country to live in the world. The government and the population are working hard to achieve this. In addition, the country is a safe place to live and enjoys a low crime rate. The average life expectancy is 83.4 years, and the country provides pension programs for adults over 65.


Austria has divided the care of its elderly population into three categories: social insurance, protection and assistance. They include insurance against accidents and illness and a minimum income in old age. Moreover, people who are in need get a so-called safety net which is to say that if the offered benefits are not enough, the state will provide them with more financial support. The country has an average life expectancy of 81.5 years and a health care index of 79.46. It is also considered one of the safest countries in the world for the elderly. The cost of living is relatively lower than in other prosperous countries.


Canada is also one of the most developed nations in the world. The people of the country enjoy an average life expectancy of 82.4 years. The government is trying to maintain good pension policies. After the age of 64, people are covered by pension plans that provide them with financial stability. The country has a happiness index of 7.28. According to surveys, residents are pleased with the government’s efforts to improve health facilities and safety in general.


Due to the high average life expectancy of 82.4 years and the good condition of the healthcare system, Norway finds a place amongst the top countries for elderly care. Let’s not forget the 100% pension coverage, which is also a big plus. One of the important indicators is the security and safety of the people of a country. According to a survey conducted among the elderly population of Norway, 86% believe that they feel safe here even at night. It is not surprising then why Norway is among the top 10 countries suitable for elders.

New Zealand

Life expectancy in New Zealand is 82.3, the health index is 73.71 and the happiness index is 7.31. There is no official retirement age in the country, with some exceptions, but many people stop working around the age of 65 because that is when their retirement programs begin.

Interestingly, developed countries such as Germany and the United Kingdom rank 15th and 17th, respectively in the magazines research. It is also important to know which countries are most unsuitable for the elderly. The worst places for elders to live in the world include Iraq, Kenya and Ukraine, which is not surprising as these are increasingly war-torn countries with almost zero social policies. The other countries listed are Venezuela, Cambodia, Nigeria, Iran, Egypt, Namibia and the Dominican Republic

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