The worst countries in Latin America for retirement
It ranks third in the region with 37% of benefits for retirees.
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Chile, Colombia, Brazil and Mexico were ranked as the worst countries among the more than 40 participants in the study conducted by Natixis Investment Managers and CoreData Research to determine the countries with the best conditions for retirement.
This study does not evaluate all the countries in the world, but only 44 nations that are part of the most advanced economies according to the International Monetary Fund (IMF), members of the OECD and BRIC countries.
In the top 5 nations are Norway, Switzerland, Iceland, Ireland and Australia.
To make this comparison, the research evaluates key aspects such as access to quality health services, material means to live comfortably, access to quality financial services and quality of life. Other aspects to be highlighted are indicators of happiness, air and water quality.
Considering these aspects, Colombia and Brazil are in 42nd and 43rd positions, respectively, as they have the lowest index in material well-being, below 40%.
"The challenges we face now and will face in the future are clear. Getting retirement right and helping individuals to live with dignity after their working years is a fundamental sustainability issue for society," José Luis León, country head of Natixis IM for Colombia and Peru, told Portafolio magazine.