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Home How to

Top 22 Places Where You Can Retire For US$1,500 A Month

Where To Retire Well Today On $1,500 A Month Or Less

Kathleen Peddicord by Kathleen Peddicord
Aug 19, 2021
in How to, Retirement/Living
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San Francisco Fisherman's place near the town of Piriapolis in the Uruguay Coast

Alamy/Kseniya Ragozina

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What if you could retire early… even with a small nest egg and little income?

What if you could live a comfortable retirement right on the beach…

Or in the historic quarter of a charming Old World city…

Lisbon, Portugal cityscape at Rossio Square.
iStock/ SeanPavonePhoto

Or on your own little farm surrounded by rolling hills…

Or wherever your ideal lifestyle takes you?

And what if you could have this life for just US$1,543 a month, or even less?

That’s the average U.S. Social Security check… and it can be more than you need to live well in our favorite places abroad.

Indeed, that’s the core promise we make to you in these dispatches—that you can reinvent your life for the better and realize the retirement of your dreams on a budget of US$1,500 a month or even less.

Travel, frequent dinners out, a maid… even the home of your dreams—they’re all possible when you call one of the world’s 22 best-value places to live or retire overseas home.

In addition and very important, a low cost of living is just a small part of the picture… only the beginning of this story.

When you retire abroad—even part-time—you open the door to adventure, opportunity, and freedom. You not only make it possible to reduce your cost of living. You make it possible to increase (I’d say dramatically) your quality of life.

Yes, you can do this. It’s a lot easier than you might think…

More than 11.5 million Americans and Canadians—and countless others—are already living their best lives outside the country where they were born.

Over the past 35 years, I’ve personally helped many thousands of folks—some probably just like you—realize their dreams of adventure overseas.

I’m Thinking of People Like:

  • Judith and Harold who moved from Palmer, Alaska, to the beach town of Piriápolis, Uruguay, eight years ago. Not ones to sit beneath a palm sipping piña coladas all day, this couple bought 50 acres of farmland and, today, raise sheep and grow raspberries, blackberries, grapes, eucalyptus, and more. Both are avid whale-watchers during the winter mating season, and their home in Punta Ballena (Whale Point) provides them a first-row seat right from their front porch…
  • Barbara Petrohan—a single lady from a tiny town in Kansas who now splits her time between two of our top overseas havens—Medellín, Colombia, and Lagos, Portugal. Barbara is living a grand adventure between the beaches of Old Europe and the greenest city in Latin America. Five years on, Barbara now boasts an impressive network of friends across three continents…
  • Paul Richards—a retired publisher and golf aficionado—who, along with his wife and daughter, left the U.K. behind a decade ago for a new life in Chiang Mai, Thailand. Paul loves the many amenities available in the city: golf, tennis, bowling, plenty of good restaurants (local and international), and the Chiang Mai Expat Club. On a recent hospital stay, Paul found the standard of health care superior to that in the U.K.—and he was delighted to see his dental bills are 30% to 40% cheaper, too…Rob Burrow living in Belize
  • David Morrill was a syndicated columnist and editor who was ready for a new life abroad, but not ready to retire completely. He moved to Cuenca, Ecuador, where he founded the city’s first English-speaking real estate company, which has thrived ever since…
  • Rob Burrows was working his way through the rat race in his hometown of Cleveland, leaving him only two weeks every year to vacation in the Caribbean. Eventually, Rob figured out a way to make every day a vacation—he bought a beach bar in Belize. These days, Rob and his wife are having the time of their lives on a white-sand beach… Rob even reports he lost 70 pounds after his first 8 months living his new beach life overseas…

I could go on… hundreds of expats I know personally are already out there living the lives they once dreamed of overseas. This week I’m going to introduce some of them to you so they can share their stories in detail.

Here’s My Point:

These everyday people are living their overseas adventure… and you can, too.

These folks are people just like you and me.

Some wanted to break from their daily grinds…

Some were anxious about their shrinking nest eggs…

And some were just bored with the same ol’ lives in the same ol’ places…

But they all wanted an enjoyable and happy retirement… one that’s stimulating, fun, and stress free.

Beautiful white sand beach in Akumal, Mexico.
Alamy/Simon Dannhauer

These people weren’t going to settle for an “average” retirement… and you shouldn’t either.

You’ve lived your entire life looking forward to these years…

And the sooner you reach out and grab the life you’ve dreamt of for this stage, the more time you’ll have to enjoy it.

Where, specifically, should you think about reinventing your life overseas?

Tomorrow I’ll begin sharing specific recommendations… my picks for the best places in the world to live or retire right now on a budget of US$1,500 per month or even less.

Sincerely,
Kathleen Peddicord
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: 'Belize''Chiang Mai''Cuenca''Ecuador''retirement''Thailand'ColombiaexpatslagosLive abroadlive overseasMedellinPortugalretire abroadretire overseasUruguay
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, CNN, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her Best-Seller book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Her latest book is "At Home At Los Islotes," where Kathleen shares her life's adventure in Panama.

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