A lot of us have dreams of retirement being all play and no work. We imagine endless sunny days spending time on our favorite hobbies and with our favorite loved ones. However retirement can also be a daunting thing to think about. Will you have saved enough money? Where will you live? Will retirement be the vacation from life you had hoped it would be?
Well you’re in luck. We did our research and found 5 of the cheapest (and coolest!) places to consider for your retirement. So even if your savings aren’t quite where you hoped, you still have a chance to retire peacefully and comfortably in a beautiful location.
Mexico
Endless beaches, great nightlife for young and old, and cheap to boot. While Mexico is littered with tourist traps there are also those little off-beaten towns on the outskirts of the major tourist areas that provide the same great amenities- delicious food, cheap housing, & beautiful beaches all while giving you a more secluded existence. One of our favorite sleepy little surf towns is Sayulita. Sayulita offers tons of activities for the retiree- fishing, horseback riding, zip-lining, surfing and hiking.
Panama
Panama has long been known as a great retirement destination. Unlike Mexico, it’s not often someone’s first thought when they think about retirement. However, just in January 2014, InternationalLiving.com named Panama as one of the most ideal places to retire to. From the gorgeous beaches, to the fresh produce markets to the peaceful hillside villages and an ocean full of delicious fish for the retired fisherman, Panama is at the top of many retirees’ places to go.
Florida
While Florida can be on the pricier side of many places to live in the US, it does have its perks. It also has some places, like Daytona, which show up as being a cheaper option than most other Floridian beach towns. Word on the street is that it’s not hard to find a cheap meal and a cool place to hang out in Daytona. Housing isn’t astronomical either. And again, you will live just a short way from the gorgeous beaches. There’s an older and younger demographic as well which ensures you'll have friends your own age and have the young folks there to keep you on your toes.