Retirement, a relatively modern concept, is expensive. No country has figured out how to finance a third of your life out of the labor force. But some countries have better systems than others. The latest annual, Melbourne Mercer Global Pension Index , now in its tenth year, ranks the health and viability of national retirement systems around the world. It has once again awarded the Netherlands a top slot, and Denmark, last year’s winner, is right behind. They rank highly in terms of the level of benefits they supply, their sustainability (the Dutch and Danish don’t worry about their system going bust), and transparency. There are many things we can learn from their success, they...
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