Singapore has made a remarkable leap in the 2025 Global Retirement Index (GRI) by Natixis Investment Managers, climbing 12 places to secure the 13th position globally. This advancement is largely attributed to improvements in Material Wellbeing, Finances in Retirement, and Quality of Life, despite a slight decline in Health.
The city-state’s progress is highlighted by its rise in the Material Wellbeing sub-index, where it jumped 18 places to eighth globally. This improvement is driven by reductions in unemployment and increases in income per capita and income equality. In the Finances in Retirement sub-index, Singapore now ranks third, trailing only Ireland and Switzerland, thanks to its top performance in tax pressure and improvements in old age dependency and governance.
Dora Seow, Singapore CEO for Natixis IM, commented, “Whilst retirement pressures across the globe are rising, I am proud to see Singapore’s remarkable progress in the GRI, driven by a strong improvement in Material Wellbeing.”
Globally, Norway reclaimed the top spot in the index, followed by Ireland and Switzerland. The report also highlighted challenges such as inflation and ageing populations, which continue to impact retirement security worldwide. According to the Natixis survey, 43% of individual investors believe achieving retirement security will require a miracle, with inflation cited as a major concern.
Singapore’s significant progress in the GRI underscores the effectiveness of its fiscal policies and long-term planning, positioning it as a leader in retirement security in Asia.
