Norway Is the Best Place to Grow Old
Growing old is a pleasureif you're in Norway, that is. A new report looking at the social and economic wellbeing of older people in 96 countries reveals that Norway is the happiest place to age, followed by Sweden, Switzerland, and Canada. It's not as much fun elsewhere. The report, called the Global AgeWatch Index, found that a third of countries are ill equipped to deal with increasingly large aging populations. The report says that in low and middle income countries, only a quarter of people over age 65 receive a pension. Countries on the low-end of the list lacked programs for free health care and chronic disease treatment, community centers and subsidized transport. The report by HelpAge International and the University of Southampton shows that by 2050, 21 of the global population will be over age 60. While more people are living longer, if people are also living sicker or without support, that takes a serious economic toll. In the U.S. alone, 2012 data noted that Social Security, Medicare and Medicaid eat up about 40 of all federal spending and 10 of the nation's gross domestic product. The authors note that Norway claimed the top spot because it has well-developed organizations for the elderly, a long history of state welfare and strong social media campaigns that create public awareness of age-related issues. The worst country for the elderly is Afghanistan, according to the report, and the United States ranked seventh overall. Here's the entire Global AgeWatch ranking