5 Countries Where You Can Live Out The Retirement of Your Dreams
International Living's Annual Global Retirement Index ranks the top locales for retirees who'd prefer to spend their golden years abroad or traveling. The magazine ranked 24 retirement destinations around the world, based on a dozen criteria, including cost of living, climate, health care and entertainment. The U.S. State Department reports that over nine million U.S. citizens live overseas.
If you want to spend your "golden years" having fun and stretching your retirement dollars, then these are the 5 best countries to visit (in reverse order):
Retired couples can live comfortably in Kuala Lumpur on $1,500 a month, according to International Living. This Southeast Asian country scored top marks in the entertainment, health care and healthy lifestyle categories.
This South American nation offers shoreline and mountain vistas – and it received top grades in the benefits and discounts category, as well as climate.
Panama received the highest ratings for "benefits and discounts" and "visas and residence." Outside of Panama City, expatriates can live on $1,500 a month or less, saving money on utilities due to the mild climate.
Mexico received a 90 out of 100 in the health-care category. The average doctor visit can run about $30 to $43, while a trip to the dentist costs about $28.
Taking first place as the ideal locale for retirees, Costa Rica scored top marks in health care and healthy lifestyle. You can also live well on the cheap: $500 a month will get you a furnished two-bedroom home, International Living found.