5 Places to Retire on Social Security Alone

Jan 2, 2018 / Amanda Chase, Horsesmouth Assistant Editor

It’s relatively hard to live on Social Security alone in the United States, where the average monthly benefit is $1,374 for a retired worker—or $2,090 for a couple.

“If you're looking at retiring on your Social Security check alone in the United States or have just a modest amount to supplement it, you're likely to find yourself living frugally,” says Jennifer Stevens, Executive Editor of International Living. “But take that modest budget overseas to a place where your dollars stretch, and you'll find you can be free from money woes.”

Five low-cost countries International Living’s editors have pinpointed as good-value escapes for retirees include Ecuador, Mexico, Nicaragua, Colombia, and Cambodia.

Find the full article at CNBC.com.

 

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