The United States is far from the best country worldwide when it comes to retirement savings, according to an index based on data from sources including the World Bank and the United Nations.

The country boasting the best retirement system, as noted by the index? Norway, followed by Switzerland, Luxembourg, Sweden and Austria. Western European nations, backed by strong health care and retiree social programs, clearly dominated the top of the list, snagging the first 10 slots.  

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