Poland used to be very good, then they tossed out the commies and all the prices went up.
Wife and I researched this a few years ago when we were in search of a “Green-Label-Retirement”. Lots of S.American/Mexico areas are real nice but too unstable politically and corrupt governmentally. Medical care is hit and miss.
I suppose as long as you have a bug-out plan, you would be fine.
How about some nice places here in the US where you can manage to live on your social security check?
My wife and I have lived in Thailand since my retirement in 1994. Even with the latest problems, Thailand is hard to beat.
We have been in China for the last three years but one has to be pretty hardcore to really appreciate it. Thailand is the easiest country I have ever lived in. We will be moving back in two weeks. Social Security goes a long ways in both places.
I don’t see the Philippines on that list. Life is pretty inexpensive there too.
Club Fed!
I figured my “retirement” will be as a missionary somewhere...my SS should be plenty to get by.
San Miguel in Mexico has about 20,000 Americans living there.
Cool place.
I met with an assited living facility in Costa Rica (part of a business trip) and they charge $1,100 per month. Very nice place on top of a mountain.
Bookmarked for later.
Interesting.
Any place in the anglophone world?
Some good rules of thumb about retiring overseas.
1) Retire to a colony of Americans, not just on your own. The more it is like an enclave, the safer you will be. Avoid being the first or the newest to move in. Have neighbors that will watch your place if you leave it for a while.
2) Figure out the back-and-forth with America. That is, how often travelers come and go to the US. It is much easier to live outside of the US if you have “private importers” willing to bring you stuff you can’t buy locally. Also find out what you can mail order, and what you can’t, and if the local Post Office and international shipping companies are honest or not.
3) If you need servants, there are all sorts of rules that you must follow. Americans are often servant-averse, at least at first, but in some places, servants come with the property. If you fire them, they and their family are sometimes financially ruined. Importantly, they are often fonts of local news, that can save your bacon if they share it with you. “Oh, BTW, the revolution starts next Tuesday. You might want to leave the country”, is worthy of a very big tip.
4) Avoid arguments about politics and religion, and remember that the US constitution and Bill of Rights does not apply there. You must learn a whole new set of laws. If there is corruption, don’t try to fight it, because you will lose.
5) Most other countries are not the Moon, so if you are willing to pay for it, you can probably get it. Adapting to local food and customs is a lot cheaper, however.
My House!
Or at least my Mother in law thinks so.....
Does anyone have any info on Chile as a possibility?
ping
Bump for later...
China, Nicaragua etc. Live like a king on a few bucks a month!
And when the locals get riled at Uncle Sam (and eventually they always do) suddenly unpopular Gringo you can wind up deported penniless at best, or with your head on a bamboo pole at worst.
Just something to consider.
Seems sort of wrong that a person can’t afford to retire in their own country, on the pension provided by that country.
Instead of running away, I believe I will stay here and defend the Constitution against all enemies, foreign and domestic. YMMV.
Ben, I have just visited the most perfect place. Cheap housing, good food, hot weather, medical OK! But excuse me if I don’t name it - don’t want it spoilt with lots of rich american immigrants.