n this article, we will take a look at the 15 best places to retire in the world on social security. If you want to skip the detailed analysis of exhausting social security funds and expat movement, head over to 5 Best Places to Retire in The World On Social Security.
Social Security funds may be able to pay full benefits only until 2033. As reported by CNBC, insolvency may be on the near horizon for two major trust funds: Social Security and Medicare. Due to the ambiguous future that social security holds, a survey by Allianz Life Insurance Company of North America highlights that 74% of people don’t think they will be able to count on Social Security benefits by the time they retire. Likewise, the uncertainty revolving around retirement planning has become even more complex for retirees.