When it comes time to pick a retirement spot, the majority of Americans end up staying put, or moving within their own state. But that doesn’t mean you shouldn’t at least consider the option of retiring abroad. Fact is, many countries offer a high standard of living at a much lower cost and throw in good weather, great scenery and fascinating culture at no extra charge.
One advantage of just about every foreign country on our list is that good medical care, and health care insurance, is available and at a cost so much less than in the U.S. that private insurance can easily replace the Medicare benefits most U.S. retirees depend on. Three countries on our list—Uruguay, Ecuador and Italy—even allow expats under certain circumstances into their national healthcare systems. In some countries, good healthcare is more easily found in the larger cities, and we make a note of that in our individual write-ups.