Eight of the Best Countries for Americans to Retire To (That Aren’t the US) ...Middle East

Only half of Americans have retirement savings at all, and most who do don’t have nearly enough stashed away in them to actually live on. In fact, more than 17 million Americans over the age of 65 are financially insecure. Meanwhile, the cost of living in the U.S. keeps going up, even as safety nets like Medicaid are having their strings cut. Put that all together and it’s no surprise that a rising number of folks are looking into retiring abroad, to countries where their dollars will stretch a lot further.

After considering all those factors—and recognizing that every person's needs are different—here are eight countries where you can retire on the cheap and still live well.

Income requirement: $1,000 per month

Panama

Income requirement: $1,000 per month plus $250.00 per month for each dependent

Income requirement: Three times the monthly minimum wage (currently about $2,100)

Malaysia

Income requirement: $2,370 per month, plus about $83,000 in assets

Income requirement: $2,700 per month.

Ecuador

Income requirement: Three times the unified basic salary ($470 per month), so about $1,410

Income requirement: $1,025 per month

Thailand

Income requirement: $2,000 per month

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