9 Safest Places To Retire Abroad for Less Than $2,000 a Month.
By Chris Caballo
A lower cost of living, better weather, lower taxes and a higher quality of life are all reasons to think about making the move to another country when you get ready to retire -- and leaving the U.S. for greener pastures, so to speak, is not an idea that's unheard of. According to the Aegon Retirement Readiness Survey 2021, living abroad is an important retirement aspiration for 12% of Americans.
However, while being able to stretch your retirement nest egg further is a key consideration when deciding where to relocate globally, safety is also paramount. To determine the safest countries to retire for less than $2,000 per month, Etreker.com used the Institute for Economics and Peace data to find the safest countries across the globe and LivingCost.org to find the average monthly cost of living in each selected country.
To help you weigh your options, here are the nine safest Places To Retire Abroad for Less Than $2,000 a Month.
2022 average monthly cost of living: $1,974
Along with stunning scenery, you'll find rich cultural traditions in Ireland. Additionally, you won't have to worry about a language barrier because English is one of the country's official languages, along with Irish.
Other advantages of moving to the Emerald Isle include a stable economic and political climate.
2022 average monthly cost of living: $1,832
You won't have to leave the continent to move to Canada, which means it should make it easier for friends and family to visit. Not only that, but most people living in Canada settle only about 100 miles or so from its border with the U.S.
Like other places on this list, Canada is family-friendly and safe. Economic and political stability are solid, plus the country also has a well-developed public health system.