If you're willing to move outside of the US, you could enjoy a more comfortable retirement and keep more of your money, thanks to other cities' health care systems and lower cost of living. This list highlights seven places particularly friendly to English-speaking retirees.
These places were chosen by the experts over at Live and Invest Overseas for their low cost, climate, health care, infrastructure, safety, and overall community and friendliness towards American retirees and described at MainStreet.
The seven places:
Medellin, Colombia
Pau, France
Dumaguete, Phillippines
Chiang Mai, Thailand
George Town, Malaysia
Cuenca, Ecuador
Algarve region, Portugal
There are pros and cons to all cities, of course. Pau isn't exactly cheap, with a $1,900 average cost of living per month, but it has universal health care and lots of English speakers and Western amenities. Dumaguete's average temperature is in the 90s, but cost of living is around $920 a month and you live on a tropical island. If you want more overseas options, check out the Live and Invest Overseas site, where they break down areas by budget or go more in-depth by country. Don't want to leave the states? Create your own list of places to retire with this tool.
7 Best Places to Retire Worldwide If You're OK Going Full Expat | MainStreet
Photo by The Shopping Sherpa.