France loses five places in this year’s Global Retirement Index, pushing it to the 15th place. With an increase in tax pressures and old-age dependency, the French economy has also suffered losses in purchasing power. This is reflected in the Finances in Retirement sub-index where France dropped from the 46th position to the 58th. In addition, the income gap has widened and unemployment remains at 9.3% from 2013 to 2014, which moves France to the 28th place in the Material Wellbeing sub-index.
However, France manages to maintain its spot on the podium for the Health sub-index, with a special mention to its high life expectancy and social security system especially favorable to retirees. France also maintains 9th position for Quality of Life, which reflects government policy towards the environment.