A new report by Blacktower Financial Management has revealed the best (and worst) European countries for retirees based on crime rates, cost of living, life expectancy, property prices and population age.
- Revealed: Spain is the best country for retirement
- The United Kingdom fell short of the mark, ranking 17th for the best retirement location.
From the volcanic fields of Iceland, to the snow topped mountains of the Alps, Europe hosts some of the most exceptional and beautiful destinations worldwide.
As diverse and beautiful as it may be, there is no denying that Europe is an ageing continent.
The EU alone predicts to have a population of 520 million by 2070, with the expected cost (public spending on pensions, health care, long-term care, education and unemployment benefits) set to reach 26.7% of total GDP (1).
With over 40 countries to choose from (all boasting different cultures and lifestyles), finding the perfect location to retire to can cause a headache for millions of Europeans.
Spain is the best European country for retirees.
The historic country hosts a wealth of great towns, cities and coastal locations which draw millions of retirees to its borders each year. The great weather, food and friendly locals make Spain the perfect destination for anyone looking to relax in their ‘golden years’.
Second in the rankings is the country of Finland. The laid-back Scandinavian atmosphere and magic of the northern lights sees many retirees going ‘off grid’ to enjoy their well-deserved retirement.
