Singapore climbs 12 spots to 13th in 2025 Global Retirement Index

Singapore also moved up to third place globally in Finances in Retirement.

Singapore has made the biggest improvement in the 2025 Global Retirement Index (GRI), climbing 12 places to rank 13th worldwide, according to Natixis Investment Managers.

The city-state now leads Asia in retirement security, ahead of South Korea (22nd) and Japan (26th).

The rise was largely driven by a dramatic gain in the Material Wellbeing sub-index, where Singapore jumped 18 places to 8th globally.

The improvement reflects lower unemployment, higher income per capita – now the highest in the world – and a 31% boost in income equality compared with last year.

Singapore also moved up to third place globally in Finances in Retirement, behind only Ireland and Switzerland. The report highlighted the country’s strong performance in areas such as tax pressure, where it ranked first, and old-age dependency, where it improved to sixth.

In Quality of Life, Singapore gained ground thanks to advances in water and sanitation infrastructure, though it slipped slightly in the Health sub-index, falling two places to 15th.

Globally, Norway reclaimed the top spot in the 2025 index with a score of 83%, displacing Switzerland, which fell to third. Ireland rose to second place, marking its strongest performance to date. Among large economies, Germany was the only one to make the top ten, ranking eighth.

Its survey of more than 7,000 investors found that 43% believe it will take a “miracle” to achieve retirement security, whilst 40% worry they will not have enough savings.