Jerusalem Listed in The Top 20 Happiest Cities to Retire

November 12, 2020

For millions of people around the world, retirement can feel like a lifetime away. A new study listed Jerusalem among the 20 happiest cities in the world to retire and reveal how much you need to save and earn to retire.

The study by Audley Villages has analysed the happiest cities in the world to reveal the true correlation between wealth and happy retirement. The study reveals the average length of retirement and life expectancy, unveiling how much the cost of living really has to with the happiness level of your retirement.

With a score of 7.8 it is no surprise that Helsinki, Finland’s capital, comes out as the happiest place to live out your retirement. You’d need to have $194,419 saved up by 65 to make this happen.

Following closely with a happiness index of 7.6 is Copenhagen and Geneva where you’d need £224,388 and a whopping £325,281 respectively to enjoy a happy later life.

If you’re looking for the cheapest city out of the top 10 cities to retire happy, head to Wellington where residents will need to have saved a more achievable $206,228 by 65.

This Is How Much You Need to Save and Earn to Retire in the Top 20 Happiest Countries

Rank	City	Average Life Expectancy	Average Savings Needed by Retirement	Annual Salary	Cost of Living	Happiness Index
1	Helsinki	81.7	£191,975	£27,506	£958	7.8
2	Copenhagen	80.8	£221,509	£33,813	£1,168	7.6
3	Geneva	83.4	£321,084	£58,653	£1,454	7.6
4	Reykjavik	82.9	£235,540	£27,165	£1,097	7.5
5	Oslo	82.3	£237,455	£31,098	£1,144	7.5
6	Amsterdam	82.1	£220,306	£31,275	£1,074	7.4
7	Stockholm	82.7	£210,733	£26,851	£992	7.4
8	Wellington	82.1	£156,733	£29,882	£764	7.3
9	Vienna	81.4	£181,225	£23,191	£921	7.3
10	Luxembourg	82.1	£214,065	£40,341	£1,043	7.2
11	Toronto	82.3	£158,252	£28,705	£762	7.2
12	Sydney	83.3	£221,574	£37,272	£1,009	7.2
13	London	81.2	£172,545	£32,882	£888	7.2
14	Jerusalem	82.8	£242,861	£21,271	£1,137	7.1
15	San José	80.1	£136,146	£7,724	£751	7.1
16	Dublin	82.1	£229,097	£27,061	£1,116	7.1
17	Berlin	81.2	£176,219	£26,535	£906	7.1
18	Washington DC	78.9	£180,185	£49,795	£1,080	6.9
19	Prague	79.2	£117,079	£12,060	£687	6.9
20	Brussels	81.5	£182,349	£25,567	£921	6.9