Drop Everything and Run! 5 Paradises Where Your Retirement Money Triples

Forget Miami, baby. These destinations will make you feel like a millionaire on your pension

Photo by Asad Photo

Between you and me, I’ve always dreamed of retiring on a paradise beach, but with the cost of living in the United States, it seemed like a distant dream. Until I discovered these 5 countries where our pension goes much further. Let’s dive in!

1. Portugal: The darling of American retirees

Photo by Julia Volk

Portugal isn’t news, but there are good reasons for its popularity. The cost of living is about 29% lower than in the US, allowing you to live comfortably on $1,600 to $2,150 a month.

Just imagine an apartment in downtown Lisbon for $650 to $850 a month. And the best part?

The Non-Habitual Resident Regime offers tax exemption on foreign income for 10 years. No wonder so many Americans are moving here!

2. Mexico: More than tacos and tequila