Finding the Cheapest Places to Retire
When it comes to retirement, finding the cheapest retirement places can make a huge difference in how you spend your golden years. In fact, the money you save on housing and other costs—savings that can be even greater when living in affordable retirement communities—can allow you to enjoy a better quality of life, and for less expense.
So how do you find really affordable retirement places? Your options for cheap places to retire depend on your desired standard of living and your willingness to relocate. Retiring abroad can offer affordable locations with warm climates. GreatRetirementPlaces.com explores many of these overseas retirement options. What if retiring overseas is not right for you? We have found some cheap retirement places in the U.S., including sunny, warm Florida.
How do you sort through the myriad of brochures and websites and videos promising you luxury for next to nothing, and find one that fits your lifestyle and budget? Will you have to relocate, or are there cheap retirement communities close to where you live?
To help answer these questions, we created Cheap Places to Retire, a website where you can find information about the cheapest places to retire, with most locations offering homes for less than $100,000! We're not talking about relocating to run-down communities or moving in with your kids.
According to Gary Pierce of frugal-retirement-living.com, you can have options such as:
- A mobile home community in Mesa, AZ, that Gary noted is on the same street with multi-million dollar homes, and where your rent will be around $500 a month—all with pools and a park-like setting.
- Full-time RVing, which Gary says you can enjoy for a fraction of the cost of a house. You can get a spot in a Palm Springs, CA RV park that has the same scenery as the rich and famous, but for just $450 a month including utilities.
- Countries outside of the U.S. offer plenty of locations where a little money can go a long way. Gary suggests that you can live in luxury in countries like Ecuador, Panama, Costa Rica, and others for as little as $1,000 month!
Find more tips and information about the Cheapest Places to Retire at: CheapPlacesToRetire.com.
After all, if you're willing to think a bit outside the box, do your research, and plan ahead, there is no need to compromise between the quality of life you can afford, and the quality of life you've earned.