When most people retire their retirement is usually one of two experiences. The first is to hope and pray that you’ve saved enough and that you have minimal health expenses as your body ages. Living in the U.S. is expensive! Many investment firms say that the average person will need at least $260K just for their medical expenses! If you read those numbers and felt horrifically depressed, don’t be!
The other option is to retire in style if you are willing to become an expat! There are a great many countries where $150K in retirement money, combined with the average Social Security income of $1,360, will have you living the good life for 30 years or more.
Don’t believe it? Keep reading and discover 25 of the most retirement friendly countries that will make your $150K last for decades!
This beautiful country has a lot to boast about, including a mild year-round climate, reasonably priced food, and lots of things to do and see.
While medical care costs far less than the US, you will still want to have insurance. Hospitals and doctors are top rated, and the best ones are found in and around larger cities. While living on one of the more remote islands sounds great, this means you will need to travel if you have a major medical problem.
Living In Greece
Greece is having financial problems but that can be good news for expats as it keeps prices down. Most retirees can live here comfortably on about $1800 a month. A typical one-bedroom apartment just outside of a large city runs about $265. Utilities for two persons is another $150 and many expats say they spend about $250 a month in groceries, not counting restaurant meals. The further away from tourist and expat locales that you stay, the cheaper things are.
Greece has some of the best ancient ruins and architecture around. Go visit the 5th century temple monument Acropolis of Athens, or the iconic Parthenon. There are gorgeous lakes, caves, and old monasteries atop rock pillars that are accessible only via rope bridges.