America tops the world in many areas. But when it comes to retirement security, one study found that a dozen and a half nations beat out the U.S. in how they treat their retirees.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at the study from Natixis Global Asset Management, which found that the U.S. came in 19th in retirement security. Dan points out that European countries have more social programs oriented at senior citizens, while Canada, South Korea, Australia, and New Zealand also ranked above the U.S. on the list. Dan runs through some of the factors involved, including health-care spending and life expectancy, low interest rates and their impact on savers, and high levels of income inequality in the U.S. compared to elsewhere in the world. Dan concludes that U.S. retirees aren't doomed to an insecure retirement, but they do need to take steps to maximize their own savings as well as Social Security benefits to make the most of their golden years.