Other countries are ahead of the U.S. on the retirement curve. In fact, according to the Melbourne Mercer Global Pension Index (MMGPI), the U.S. doesn’t even make the top 10—and that’s not good news.

Despite the fact that the U.S. has Social Security, Americans aren’t well prepared for retirement, by any means, since workers aren’t saving enough to see themselves safely through retirement and many have no retirement savings at all. Rising health care costs could gobble up all the money many people have without even trying hard, and cost-of-living increases don’t even pay for a small part of the rise in seniors’ living expenses.

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