As it does every year, the investment bank Natixis published its ranking of the best countries to retire in. This year, Natixis highlights an improvement in overall conditions for retirement, given the decline in inflation and the rise in interest rates, among other factors. However, the study found a number of concerns among respondents, primarily regarding the potential impact of inflation on their retirement savings. In fact, while 56% of respondents believe they will have enough retirement savings to live comfortably, the other 44% hold a pessimistic view, including 21% who believe they will have to continue working and 12% who believe they will have to rely on family and friends to cover their expenses once they retire.

This year, the Nordic countries once again top Natixis’s ranking of the best places to retire, based on factors such as the financial environment, healthcare costs, life expectancy, material well-being, and quality of life. Norway has retained the top spot for the second year in a row, followed by Switzerland. In the top ten, all countries remain the same except for the Czech Republic, which has dropped out of the top ten and been replaced by Germany, which ranks ninth.

In Latin America, Chile ranks highest, at No. 35, followed by Mexico at No. 40, Colombia at No. 41, and Brazil at No. 43. You can view the ranking and analysis here.