Your Social Security check could cover retirement in these five cities


All are surmountable, the Statons say. It’s easier than ever to stay in touch with technology and apps such as FaceTime, Facebook Messenger, Skype and WhatsApp.

Don’t sweat learning another language. “In many countries with established expat communities, English is so widely spoken that learning another language is optional,” Staton said.

When you choose another country to live in, don’t think “vacation” – people travel to get away from their daily lives. Living someplace 365 days a year is entirely different, the Statons say.

More from Personal Finance:
Women who want to start a business should avoid these mistakes
If you spent too much this summer, do these five things to boost your finances
Five things single parents absolutely have to pin down

You’ll have to weigh many more factors, such as cost, how easy it is to get around and whether people seem accepting of outsiders, among others, when choosing a new home.

The website International Living has a new report on capital cities that offer a life rich in culture, excellent infrastructure and many options for dining and entertainment. Check out these five recommendations for living large on less than $37,000 a year.

Source : CNBC