I was reading a great little article by Kathleen Peddicord on the Yahoo! Finance page this morning. Kathleen reviews 5 Places you can retire for under $500 a month. She begins by pointing out that housing costs are still one of the biggest expenses we have not only throughout our working years but in retirement too. She suggests retiring abroad to the cheapest places that offer affordable housing is one way to maintain your standard of living in retirement.
Here are Kathleen's Top five picks for
1. Leon Nicaragua
2. Medellin Columbia
4. Chiang Mai Thailand
5. Languedoc-Roussillon France
"You may recognize Kathleen's name from her years at the helm of International Living. Recently Kathleen left I.L. to head up her new venture called Live and Invest Overseas. She is also the author of How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad
Source: Personal Finance News from Yahoo! Finance