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French index for retirement says India is worst place to retire; Switzerland acquires top position

It May Be Tough For You To Retire In India As The Place Is Not Considered Best For Retirement. As Per The Report Of French Asset Management Company Natixis Global, India Ranks Lowest Among BRICS Countries In Terms Of Retirement.

News Nation Bureau | Edited By : Ashish Ranjan | Updated on: 09 Aug 2017, 09:16:09 PM
French index for retirement says India is worst place to retire (Image: PTI)

New Delhi:

It may be tough for you to retire in India as the place is not considered best for retirement. As per the report of French asset management company Natixis Global, India ranks lowest among BRICS countries in terms of retirement.

In a list of global retirement index of 43 countries, India has ranked the lowest. The French index ranks countries on the basis of four parameters -- the material means to live comfortably in retirement; access to quality financial services to help preserve savings value and maximize income; access to quality health services; and a clean and safe environment.

On all the four parameters, India ranked lowest whereas Switzerland, Norway and Iceland help top positions.

The index ranks 43 countries which include International Monetary Fund (IMF) advanced economies, members of the Organization for Economic Co-operation and Development (OECD) and the BRIC countries (Brazil, Russia, India and China).

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First Published : 09 Aug 2017, 09:16:09 PM