New data from the experts at Investing Reviews reveals which countries have the highest and lowest pension earnings
In order to work out which countries have the highest retirement earnings, the study looked at the percentage of pre-retirement earnings received in retirement. It was found the average amount earned in retirement when compared to pre-retirement around the world is 59.8%.
You can view the full research here: https://investingreviews.co.uk/pensions/the-british-pension-report/
The top 10 countries with the lowest pension earnings
|
Rank |
Country |
% of pre-retirement earnings received in retirement |
|
1 |
Mexico |
23.6% |
|
2 |
South Africa |
27.9% |
|
3 |
Great Britain |
28.5% |
|
4 |
Lithuania |
29.7% |
|
5 |
Poland |
33.1% |
|
6 |
Chile |
36.2% |
|
7 |
Japan |
36.4% |
|
8 |
Republic of Ireland |
36.6% |
|
9 |
Australia |
38.9% |
|
10 |
Romania |
41.3% |
• Offering just 23.6% of pre-retirement earnings, Mexico offers the worst pension contributions for retirees.
• Coming in the penultimate place, South Africa offers just 27.9% of pre-retirement earnings to its workers. Great Britain follows South Africa in third to last place with earnings of 28.5%.
The top 10 countries with the highest pension earnings
|
Rank |
Country |
% of pre-retirement earnings received in retirement |
|
1 |
India |
94.3% |
|
2 |
Italy |
92.8% |
|
3 |
Turkey |
92.0% |
|
4 |
Bulgaria |
91.1% |
|
5 |
Luxembourg |
90.0% |
|
6 |
Austria |
89.8% |
|
7 |
Portugal |
89.5% |
|
8 |
Argentina |
88.1% |
|
9 |
Cyprus |
83.6% |
|
10 |
Spain |
83.1% |
• India tops the table with 94.3% of the average income being offered to retirees, ensuring the continuation of their standard of living before retirement.
• Coming in second, Italy has the best pensions in Europe with 92.8% offered to retirees, closely followed by Turkey in third with 92.0%.
To view the full research please click here...
