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8 of the Cheapest Countries to Retire Around the World

Retirement plans are as unique as the individuals who are looking forward to the day when work, at least as they know it, comes to an end. For some, retirement can mean a career change to a long wished for profession or more time to devote to a hobby or passion. For many retirees, whether for adventure, change of scenery, or reduction in living expenses, moving to another country is a goal.

It's well-known that moving outside the U.S. can help reduce living costs — particularly if the retiree is leaving a large city. Just as at home, though, costs vary depending on location, lifestyle, and personal needs. However, if the goal is to reduce expenses, most retirees can accomplish that and live quite well in a variety of countries.

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