Is it possible to retire on just $12-grand a year? According to
InternationalLiving.com, the answer is yes, but you have to move away from
Starbucks and Bojangles -- literally. Here are the places you can think about:
Nicaragua at $995/month.
Yes, it's one of the poorest countries in the
Western Hemisphere, but the editors say you'll live with even more luxuries
than you were accustomed to.
Malaysia on $1,000/month
Great beaches and stunning scenery. An entire bag full of fresh fruit (mangoes,
bananas, apples, oranges, and pineapples,) cost just $4. A meal out is $10, and
cable TV is just $40.
Panama on $1,865/month
A full time maid only costs $175/month. Dinner for two with a bottle of wine is
Mexico on $2,129/month
Utilities such as electricity, gas, water, phone, cable, and Internet only add
up to $220/month. Downside: Violent crime.