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Many Americans feel that their retirement dreams are slipping away because of the consequences of the pandemic, such as increased government debt, rising inflation and persistently low interest rates.

As a result, the United States slipped one spot to No. 17 among developed nations for financial security and wellbeing of retirees in the 2021 Global Retirement Index from Natixis Investment Managers. Iceland topped the list for the third consecutive year, followed by Switzerland, Norway, Ireland, the Netherlands, New Zealand, Australia, Germany, Denmark and Canada.

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