Top Ten Countries to Retire

Top Ten Countries to Retire

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Top Spots to Retire

Stretch your nest egg in these 10 lovely countries

More than 550,000 Americans receive their Social Security benefits overseas. Alamy . But which place is best? While everyone has an opinion when it comes to the ideal retirement spot, the experts at authority on global retirement opportunities, has done a lot of legwork to help you make a decision. In its , released in January 2017, IL named Mexico the best country in the world to retire, followed by Panama and Ecuador. The yearly index is designed to help whittle down a retiree’s choices by ranking countries based on factors such as cost of living, retiree benefits, climate, crime and health care. Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. With its low costs and friendly locals, Mexico is no stranger to the index, consistently ranking in the top 10 over the past 14 years. And in 2017 — for the fifth time — it nabs the top spot. To see the complete list and to find out what makes these places worthy of your attention, scroll through the countries below. 1. Mexico The country offers a wide variety of options for seaside living as well as established expat communities in many areas. (The colonial town of San Miguel de Allende is home to thousands of Americans.) Affordability is another magnet, with many expats living well on as little as $1,200 a month. The dollar’s strong position against the Mexican peso means the cost of living provides an even better than normal value. 2. Panama Besides being close to the U.S. (making travel easy), Panama uses the American dollar, so you'll have no worries about currency fluctuations. What’s more, Panama offers a wide range of options for becoming a legal resident, and its top-notch medical care is highly regarded. The best hospital, Punta Pacifica, is affiliated with Johns Hopkins and is known for performing cardio surgery, neurosurgery and a variety of complex procedures. AARP Membership — $12 for your first year when you sign up for Automatic Renewal Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. Groceries 20% off a Freshly meal delivery subscription See more Groceries offers > 5. Colombia Once rejected as a possible retirement haven because of its reputation for conflict and drug cartels, Colombia has shed its dark past and stepped into the spotlight as an attractive place for those seeking excellent health care, a temperate climate and a low cost of living. This country at the northern tip of South America offers lush green coffee plantations, beautiful beaches and quaint colonial towns — something for everyone. 6. Malaysia Clean and modern, Malaysian cities boast an unrivaled public transportation system as well as some of the friendliest people in Asia. The country also straddles the tourism market, managing to offer both memorable budget holidays and first-class luxury vacations. Its multicultural society tolerates all religions, and it’s this fusion of cultures that, for many, makes Malaysia so special. AARP Membership — $12 for your first year when you sign up for Automatic Renewal Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. AARP Membership — $12 for your first year when you sign up for Automatic Renewal Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. AARP VALUE & MEMBER BENEFITS See more Finances offers > See more Vision Benefits offers > See more Retirement offers > See more Technology & Wireless offers > SAVE MONEY WITH THESE LIMITED-TIME OFFERS
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