The U.S.' improvement to No. 16 resulted from better scores in two sub-indices. Within material well-being, the U.S. improved its ranking, to 26, in the unemployment indicator. Its ability to reduce income inequality improved slightly as well, although it still ranked seventh from the bottom globally, despite ranking in the top 10 for income per capita. The U.S. also moved up in the quality of life sub-index, to 21, with an improvement in the happiness of its retirees, and held steady on environmental factors, though it maintained the ninth-lowest rank in this indicator. In the finances in retirement category, where it ranked 11, an improvement in the interest rates indicator offset declines in the tax pressure and old-age dependency (the ratio of retirees to working adults) indicator rankings. A lower life expectancy ranking pushed the U.S. out of the top 10 in the health category to 16, though it continues to have the highest score for health expenditure per capita among all developed countries in the index. See the gallery for the top 12 developed countries in the 2020 Global Retirement Index. --- Related on ThinkAdvisor:
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