The Most Affordable Retirement Destinations In The World

Retirement is a concern for just about everyone. And the concern is about affording retirement and quality healthcare, as it's no secret that as we age, we can develop an array of health conditions. And these can range from rosacea skin conditions to more severe age-related conditions such as arthritis and dementia, to name only a few.

For this reason, searching for more affordable retirement options has become a sound solution to ensure you can be well taken care of in your golden years. And just one suitable option is relocating to an affordable region where you can stretch your retirement budget as far as possible without compromising your comfort and a few luxuries.

So, to help you choose a destination that will ensure you can enter your twilight years with financial peace of mind, we've listed the top options for you.

The Philippines

The southeast of Asia is an excellent option for an affordable retirement. The cost of living in this vibrant region is pretty low, so your retirement savings will go pretty far. And the exotic element of the region means you'll enjoy a blissful retirement surrounded by enchanting scenery.

You can find a lot for sale in Antipolo and quickly locate various other properties for sale in the Philippines that will suit your budget. And when retiring in the Philippines, you will need to consider the process of relocating to this region as the specifics of purchasing property here is slightly different. Although you will have access to international-standard health care, this is a pretty significant perk for retirees.

​Costa Rica

Costa Rica is another excellent choice. The cost of living here is also ideally low, and the breathtaking scenery will ensure your retirement is absolute bliss. The healthcare availability is up to standard, and there's more than enough to see and do while you stay here.

If you make the decision to retire in Costa Rica, you can budget your stay at around $1500 per month. And for this low price, you'll enjoy a Caribbean-style retirement with quality healthcare, suitable housing options, and safe transportation solutions.

Mexico

Mexico is another excellent option for retirement. The cost of living is affordable, even when opting for a more luxurious standard of living. However, the main downfall here is that healthcare systems are not entirely the best.

Fortunately, because the states are nearby, sharing a border, you can solve this issue by seeking your healthcare needs elsewhere. That said, Mexican weather and culture are vibrant and enjoyable, which is why so many retirees opt for Mexico.

Columbia

Columbia is a great choice as well; there's genuinely something for everyone here; whether you prefer the beach scenery or adventure in a rainforest, you'll have tons of ways to spend your retirement time when staying in Columbia.

The cost of living is also ideally low, and the housing options are plentiful. Health care is also pretty affordable here, although you should consider travel health insurance when relocating, as this is the perfect healthcare solution for ex-pats.

Retiring abroad is an option that can enable you to stretch your retirement funds without stress about your finances. If your current home region is not entirely affordable, relocating might just be your only option to truly enjoy your twilight years without having to spread each dollar as thin as possible.