For the ninth year in a row, Mercer (a global consulting firm with expertise in pensions and investments) and the Australian Centre for Financial Studies have collaborated on research studying the retirement systems of 30 countries and published their findings in the 2017 Melbourne Mercer Global Pension Index (2017 Study). The main objectives of the Study were to (i) benchmark each country's retirement system using more than 40 different factors, (ii) determine the primary shortcomings of each country's retirement system, and (iii) suggest reforms for improvement.
Harris Poll recently conducted an online survey on behalf of the Nationwide Retirement Institute to gage Americans' outlook on retirement. There were 1,012 responders (i) age 50 or older, (ii) retired or planning to retire within the next 10 years, and (iii) collecting or expecting to collect Social Security benefits. Their responses are sobering.
Analysts for WalletHub recently surveyed our nation's 150 most populated cities for four attributes retirees typically seek when considering where to retire: (i) affordability, (ii) activities, (iii) quality of life, and (iv) health care (the Survey). The analysts utilized 40 different metrics, grading each on a 100-point scale, with 100 being the most favorable. The cities were then ranked by their total point score, with a rank of 1 being the best and a rank of 150 being the worst. Based on this ranking, the top ten cities for retirement were: