11 places in the world where you can afford to retire in style

Many members of the baby boomers generation are heading into retirement with a smaller-than-hoped-for nest egg. Some are coping with this shortfall by moving to a country where the cost of living is much lower than in the U.S.

In fact, in these places, you might be able to live comfortably on just Social Security payments and a small amount of savings.

It's not the usual blah, blah, blah. Click here to sign up for our free newsletter.

Where is the best place to execute this strategy? It depends on your requirements, finances and tolerance for adventure.

Before you move, do your research. Carefully investigate the local real estate market, laws and taxes. To get you started, here is a sampling of the best places experts recommend for a good — but frugal — retirement:

Have you considered living out your retirement as an expatriate? Are you already living abroad as a way of making ends meet? Share with us in comments below or on our Facebook page.

Advertisement