Dreaming about retiring early, but feel like your savings won’t stretch far enough? You’re not alone. For many Americans, the key is spending less in the right place. Dozens of countries offer a lower cost of living, quality healthcare, and a lifestyle that rivals (or beats) what you’d get at home.
So to help you make the right choice, we’ve rounded up a few countries where you can retire sooner than expected—and still live well. If you’re ready to trade stress for sunsets, this list is where your planning starts.
Portugal
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You don’t need a huge budget to live well in Portugal. The country is easy to settle into with quiet towns, fresh bread available at every corner bakery, and less than $800 in rent. Once you’re a resident, healthcare and other local benefits are accessible too.
Spain
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Early retirement in Spain means endless sunny days and healthcare that won’t drain your savings. Cities like Valencia offer convenience and affordability at best. You’ll walk more, stress less, and find the rhythm of life changes for the better.
Mexico
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Plenty of Americans move to Mexico and never look back. It’s not just the lower cost that draws them here, but the warmth, both in the weather and the people. Lake Chapala, for instance, offers amazing new structures, hospitals, condos, and fabulous restaurants. It’s easy to meet others, get good care, and live well without overspending.
Costa Rica
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Costa Rica is where you can enjoy mornings with mountain views and fresh coffee without worrying about endless bills. The country’s public healthcare is reliable and income-based. Places like Atenas hit that sweet spot between comfort and calm. Plus, the lifestyle genuinely encourages slowing down and enjoying more.
Panama
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Panama actually offers perks for retiring. With the pensionado program, you get discounts on healthcare, flights, and even your electric bill. Add modern clinics and direct flights to the States, and it’s easy to feel at home.
Ecuador
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Your money stretches in Ecuador, but so does your sense of ease. In Cuenca, rent’s often under $600 with affordable healthcare options. And you won’t miss seasons because here, it’s spring almost year-round.
Malaysia
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You might not think of Malaysia first, but it’s a sleeper hit. Kuala Lumpur has world-class hospitals, English-speaking locals, and apartments that cost a fraction of what you’d pay in the U.S. If you’re used to modern living, there’s nothing you’d miss out on in Malaysia. It’s modern, friendly, and surprisingly easy to settle into.
Thailand
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Retiring in Thailand makes life a whole lot simpler and cheaper. Chiang Mai is a favorite for a reason. It offers low rent, great food, and excellent and affordable healthcare. The culture is warm and welcoming, and there’s beauty in every direction.
Colombia
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Medellín used to have a tough rep, but these days it’s clean, modern, and full of energy. The pleasant weather takes all the brownie points and makes it feel like it’s spring-like all year. And to make it even better, the rent is low, and there’s solid healthcare for a fraction of U.S. prices. There’s also a fast-growing expat scene and walkable neighborhoods.
Vietnam
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If you’re up for something vibrant and a little adventurous, Vietnam’s worth a look. Cities like Da Nang or Hanoi offer meals for a few bucks, strong Wi-Fi, and private clinics with English-speaking staff. It’s lively, colorful, and affordable.
Malta
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Malta is every bit a small island with massive upsides. English is the official language, so daily life is easy to navigate. You get Mediterranean weather, easy access to local benefits, and solid private healthcare. It’s not the cheapest on this list, but the lifestyle makes up for the slightly higher price.
Greece
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There’s a vibe to life in Greece that’s hard not to love. If you love beaches and serenity, the coastal towns here are worth relocating to. Compared to the US, places such as Kalamata offer low costs, good private healthcare, and a relaxed pace that makes retirement feel like actual retirement.
Belize
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Retirees don’t have to face language barriers in Belize. In fact, your retirement years might just end up feeling like a never-ending vacation, especially if you choose to live in a beach town. Not to mention Belize’s retirement program offers tax breaks, and places like Placencia are quiet, laid-back, and close enough to the U.S. for easy visits.
Uruguay
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Uruguay has stability, clean cities, and a calm, safe environment. If you appreciate the European vibe, Montevideo won’t disappoint you. The steady healthcare and moderate living costs are way less than what you’d pay in the United States.
New Zealand
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While we won’t call it the cheapest option on the list, if you can make the retirement visa work, the trade-off is worth it. New Zealand has stunning nature and modern living at its best. The clean cities and a slower pace make it perfect for after-retirement years.