Grow old in Sweden, but avoid an Afghan retirement, data shows

Global AgeWatch index measures pensions and other provisions for older people – with some surprising resultsSweden is the best country for older people; Afghanistan the worst – but general affluence does not necessarily mean better conditions for the over-60s, according to the first global index on ageing.While Sweden's top ranking – followed by Norway, Germany, the Netherlands and Canada – may be predictable, the Global AgeWatch index throws up some surprising results.The US, the world's richest country, languishes in eighth place, while the UK fails to make the top 10, residing instead at No 13. Sri Lanka ranks 36, well above Pakistan at 89, despite similar levels of gross domestic product (GDP). Bolivia and Mauritius score higher than the size of their economies may suggest, while the emerging economies of Brazil, Russia, India and China are a mixed bag. Brazil and China rank relatively high on the index; India and Russia sit much lower."This survey shows that history counts," said Mark Gorman, director of the HelpAge International advocacy group. "The top-ranked countries are what you would expect, but Scandinavian countries were not wealthy when they [introduced] universal pensions."The older population in Sri Lanka today is benefiting from good basic education and healthcare – those countries made certain policy choices. Everybody faces scarce resources, but they should not forget that when they make investment decisions, they should also address issues of old...
Source: Guardian Unlimited Science - Category: Science Authors: Tags: theguardian.com Biology News Older people Society Pensions Money Ageing Retirement planning Retirement age Global development Business Science Source Type: news