Retire for as little as $600 a month

These 5 overseas communities make it remarkably easy for retirees to stretch their dollars. The best-value havens pair financial security with a quality lifestyle.

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VIDEO ON MSN MONEY

189Comments
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Why do we have to go to another country to retire on a small income? What is wrong with this country looking after the people that worked and paid taxes for 50 plus years? Now they tell us to just shut up and die that we are of no use. We paid ahead for all those years and now we are worth nothing and they don't want us around. It was okay for us to raise them, pay for everything they need, work our buns off day and night, bring them up right and now that we are completely worn out they tell us to get lost and that we are beggars because we need affordable housing and health care. Just remember you 30 year olds, someday you will be our age and they will want to throw you away too. In the meantime they want us to move to another country and let them worry about us. Get the heck out of the USA and don't bother us anymore. Live on peanuts and like it.
Jul 12, 2012 1:57AM
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     THIS ARTICLE IS CRAP.  I JUST GOT BACK LAST YEAR AFTER SPENDING SEVEN YEARS IN PANAMA.  IT WAS OK AT FIRST, BUT THEN THE AMERICANS STARTED COMING DOWN,  YOU CAN NOT LIVE ON $600.00 A MONTH.  THAT IS A FLAT LIE.  IF MARRIED, $1,2OO TO $2,000.  THAT'S IF YOU OWN YOUR CAR, AND HOUSE.  THE INSURANCE THEY TALK ABOUT WILL ONLY GO TO $3,000 COVERAGE, AND THEN YOU HAVE TO FIGHT FOR IT.  ALL THE DISCOUNTS ARE MADE FOR THE LOCALS, NOT INVADERS LIKE US.  THEY DON'T MENTION DAYS WITH OUT WATER, POWER FAILURE, FILTHY KITCHEN RESTAURANTS, THIEVES, AND NOW THEY ARE GETTING VIOLENT.  LAND PIMPS TELL YOU ALL THE GOOD STUFF SO YOU WILL BUY LAND FROM THEM..  BELIEVE ME, THEY ARE 20 TIMES MAKING WHAT THEY PAID FOR IT.
Jul 13, 2012 8:18AM
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These articles are correct. I live in southern Spain right on the mediterranean for $800 a month.

That covers rent, 2 bed 2 bath oceanfront apt. with two balconies. Utilities, food(eating in and out). medical insurance and some travelling as well. So keep in mind most of the negative comments come from people who've never travelled any further than their local walmart. It can be done if your not afraid of change. 

Aug 13, 2012 11:22PM
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Does MSN have any new stories? or are they going to just keep recycling the same old crap every other month by just changing a few words here & there.
Aug 14, 2012 3:28PM
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Why is it that seniors have to retire in third world countries and use substandard medical care because Social Security cannot pay them enough to live and eat and yet all the people from the third world countries are welcomed here and given taxpayer handouts and free medical care?  You keep touting how wonderful life is in Central America for less than $1,000 a month.  If life is so wonderful there, why are all the people who live there crawling up over the border at night and coming here for a better life?  Answer me that.  Our jobs are already down in Mexico because of NAFTA, and there's no factory work in the U.S., why are they all coming here if Panama, Nicarauga, Colombia, as well as the Dominican Republic; ?  Why, Why, Why? 
Jul 12, 2012 3:36PM
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hey msn how about monitoring this blog a little better 90% is spam from stupid lonley hearts clubs, you need a moderator to get rid of these leaches
Jul 12, 2012 1:47PM
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Nicaragua has a government that is run by a dictator. He takes what he wants and only allows people some freedoms if they pay him money. I've been there with different a guy who was born there and ran away from crooked government as a young man. His Family lives there and our visit was to be for a month maybe two and outside 3 months because of my visa. We used family owned SUV and we traveled about the country looking at property for sale. After looking at some nicer homes we discovered that we were being followed. Then we were pulled over by two pickups with army/police with machine guns. Handcuffs and placed into the back seat of our SUV and driven to headquarters and questions about why are we there, why are we looking at homes, where did me get our money? How much money do we have? We need to pay them to travel about safely without any troubles. I was not willing to pay extortion but my friend said he felt $800 was a wise thing to do. I was there for one week and decided it was not safe because of government protection scam.  Not even safe for the people who are born and raised there.  MSN is seeing this though rose colored glasses. And not first hand experience. Do not believe everything you read here as the truth about retirement places.
Jul 12, 2012 3:06AM
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International living is just so full of half-knowledge. I got a bum-steer from them. It cost me dearly.
Get your info from someone who already lives there.

Jul 12, 2012 10:45AM
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Hey MSN stop posting these %#$@! dating sights.I want to read coments from real people.

Or are you the ones posting this crap?

Aug 14, 2012 7:41AM
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With these sort of articles they always print the photographs that put a place in the very  possible best light. I am always reminded of the part in the movie "Butch Cassidy and the Sundance Kid" where they wind-up in Bolivia and  it's awful. Butch says something like how maybe the rest of the country is better and the Kid snaps back, "what if this is the garden spot of Bolivia?" The vast majority of us would get to these places and say "yuk" and go into depression. A very few of us can do it; they're the kind who can do the 'Walden Pond' thing anywhere and love it. I have been to 25  countries outside of the USA, and I have enjoyed about 20 of them. However, no matter how much you like a place overseas it'll never be home, and you'll miss so many things that it isn't worth it. One is better off relocating to a cheaper state where one encounters less culture shock.
Jul 13, 2012 9:29AM
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To Mike 24 ~ I have traveled Mexico extensively for over 6 months ~ I have witnessed their ways of life ~ while the majority of Mexicans are wonderful people, there is no doubt that corruption runs rampant. I have also been to Costa Rica ~ they sure have a lot of loops of razor barbed wire on top of all of there security block walls ! Also, I am fluent in Spanish  ~ and my mentioning the true facts of third world crime rates offends you ?  Who is the dummy ?
Jul 12, 2012 9:26AM
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My wife and I have been retired for 21 years,we live very comfortably on $1200 per month in north central Maine,USA
Jul 12, 2012 4:49PM
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 Have a question for the moderator of this site. Wht do you let these people advertise for sex on this site and among other things. This is suppose to be a place for discussions on topics, yet we have people who come in and spam us with their advertisements.
Jul 12, 2012 10:01AM
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I now live in the Philippines, and i would think that it might be kinda hard to live on $600. a month here, maybe $800.- $900. might be better.  I'm living off my pension of $1,400. a month and living very well here.  I brought a house in a gated community here which is paid for so no mortgage.  I doubt very seriously i could have survived living off my pension in NYC, i would still had to find other employment if i stayed there, but here in the Philippines things are very cheap.  You can get most or all your medications here without a doctors prescription, going to the ER (if need to) is also cheap compared to in the U.S.  Temperature stays in the 80's to 90 range year round.  As far as i am concern, this is "PARADISE". .
Jul 12, 2012 2:11PM
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Having lived overseas for a year I personally found it is one of the most exciting things you can do with your life.  As far as living off of $600 per month that isn't even close.  $1500-$2000 per month are more realistic numbers.  Expect to pay the "gringo prices" until you have superb command of the local language and contacts in your adopted country. 

A better idea would be to do your "own research" and visit some of your selected countries for a few months at a time.  Once you have decided on your adopted nation you will need to contact a local attorney who will tell you all the hoops you will have to go through to retire there.

And last but not least -PLEASE LEARN THE LANGUAGE!- or don't expect the new place to ever feel like a second home. 

Jul 12, 2012 5:00PM
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Before I moved to any of these countries I'd like to know how much it cost to bribe the police to keep an eye on you or...not kidnap or kill you....

 

I'm staying in the U.S. even though I may have to retire to a cardboard box.

Jul 12, 2012 6:49PM
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Don't just ignore the spam.  Mouse over the lower left of the post box and click on spam.  It goes away.
Aug 14, 2012 1:29PM
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My wife and I have visited places literally all over the world, and we know most of them  would suck to live full time.  "Nice to visit but wouldn't want to live there."  USA,USA,USA!!  (and yeah, western Europe, etc.)
Aug 14, 2012 2:38PM
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   INTERNATIONAL LIVING IS THE BIGGEST BULL S--- BOOK WRITTEN.  LIVING ON $600 A MONTH IS A FLAT **** LIE.  I LIVED IN PANAMA FOR 8 YEARS.  AT FIRST CHEAP, NOW ITS HIGHER THAN THE U.S. TO EAT.  ALL THE INSURANCES IS CRAP.  BAD HOSPITALS, RESTAURANTS, CRAZY GRINGOS'.  THEY ALL HAVE A CONSPIRACY THEORY.  WHAT PISSES ME OFF IS THE ONE WHO WRITES THIS CRAP.  BAD WATER IF IT WORKS, POWER OUTAGES WHICH IN TURN SCREWS UP ALL THE ELECTRONICS LIKE REFRIGERATOR, MICRO WAVE, ECT.  FOR ONE PERSON IT TAKES A MINIMUM OF $1,200 A MONTH, OTHER WISE YOU LIVE LIKE A HOMELESS PERSON.
Aug 14, 2012 3:08PM
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I retrired on the Space Coast of Fla. I got a Rental- 16th house down the street from the Atlantic Ocean. I live on Social Security of $1400. a month and enjoy the life here. No state income tax and the area is really inexpensive. Really great VA clinic nearby for my Medical needs. Its all good. And its near an Ice Cream store! USA is the best place to live. My TV has all the channels (free) thanks to an on-air HD antenna.
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