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The Best Places Around the World to Retire in 2017

The Best Places Around the World to Retire in 2017

How often do you find yourself saying “Oh, I wish I could retire right now”?

Retirement seems to be a common topic among all of us no matter how old we are.

With improved medical and healthcare services, we live a longer life, but at the same time, we need to spend more money to sustain a longer life. Also, who doesn’t want to rest and relax after many decades of working?

But where should you go after your retirement? Here are 20 best places to retire with low living cost, stunning natural scenery, and large expat communities.

1. Crete, Greece

    ▲ Agios Nikolaos, a coastal town in Crete. Credit: CruiseMapper

    Usually, places with the lowest living cost are in Asia. Crete might come as a surprise. This island is filled with sunshine, beaches, and great hospitality. It is a highly recommended option for retirees.

    • Cost of living: $1,090
    • Major language: Greek
    • Population: 623,065 (2010 stats)
    • Healthcare services: Free medical care and hospital care in public hospitals if you are covered by IKA National Insurance.
    • Entertainment: Hiking, cave tours, water activities, festivals in summer

    2. Barcelona, Spain

      ▲ Casa Mila. Credit: Barcelona.com

      As Spain’s second-largest city, Barcelona offers a low-cost living experience, with a fully developed public transportation system. You can enjoy pre-Roman architectures, art galleries, museums, and also beaches all in this metropolis.

      • Cost of living: $1,183
      • Major language: Spanish
      • Population: 1.602 million (2014 stats)
      • Healthcare services: Healthcare is largely subsidized in public hospitals if you own a Targeta Sanitaria Individual (TSI) health card.
      • Entertainment: Museums, art galleries, monuments, theaters, beach activities

      3. Lake Atitlan, Guatemala

        ▲ Lake Atitlan. Credit: Hop On The Good Foot

        Surrounded by volcanoes, Lake Atitlan is one of the most beautiful lakes in the world. Villages around the lake are filled with Mayan traditions,[1] and it is definitely a great cultural experience for retirees.

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        • Cost of living: $700
        • Major language: Spanish
        • Population: 11,142 in Panajachel (in the 2000 census)
        • Healthcare services: Very few funds are allocated to healthcare, while 88% of the population relies on public healthcare system.
        • Entertainment: Hiking, water activities, cultural tours

        4. Santa Fe, Panama

          ▲ Santa Fe de Veraguas. Credit: International Living

          This tiny mountain hideaway is the perfect retirement spot for people from the city. Although English is not commonly spoken like in other more developed cities in Panama, Panamanians still show wonderful hospitality and often lend a helping hand to foreigners.

          • Cost of living: $800-$1,000
          • Major language: Spanish
          • Population: 3,047 (2010 stats)
          • Healthcare services: Panama’s pensionado visa program allows expats and retirees to get discounted healthcare services, like medical check-ups and prescriptions.
          • Entertainment: Hiking

          5. West Des Moines, Iowa, United States

            ▲ West Des Moines City Hall. Credit: RDG Planning & Design

            This might be a shocker for most people. How is a town in the Midwest with snowy winter a possible retirement place? Well, West Des Moines offers excellent healthcare programs, alongside with low living cost and crime rate.

            • Cost of living: $2,230
            • Major language: English
            • Population: 61,255 (2013 stats)
            • Healthcare services: Both the federally funded Medicare and Medicaid programs provide healthcare coverage for retirees, especially those above 65.
            • Entertainment: Music festival, winery and brewery tours, golfing, live horse racing

            6. San Juan del Sur, Nicaragua

              ▲ San Juan del Sur. Credit: Expedia

              Now let’s jump back to the tropical, beach life. San Juan del Sur is known for it’s sunny weather and great healthcare, with a perennial temperature of 85 to 95 degrees. Also, the country offers an irresistible retiree program (you don’t need to pay any taxes). Fun fact: Nicaragua produces world-class coffee and chocolate!

              • Cost of living: $1,000
              • Major language: Spanish
              • Population: 7,790 (2012 stats)
              • Healthcare services: There’s no health insurance, but the Metropolitan hospital offers two packages with discounts to healthcare services. The general rates per month are: 51-65, $61; and over 65, $65.
              • Entertainment: Water and beach activities, art center, religious festivals and celebrations

              7. Algarve, Portugal

                ▲ The town of Lagos in Algarve. Credit: Investopedia

                For 3 years, Algarve has been the most highly-rated place in the world for retirement. Apart from a low cost of living and rent, the region also offers an extensive expat community with more than 100,000 resident foreign retirees. It has amazing food and wine too!

                • Cost of living: $1,500-2,000
                • Major language: Portuguese
                • Population: 451,006 (2010 stats)
                • Healthcare services: Services are available for registered legal foreign residents, and if you are working in Portugal, you are automatically entitled to the publicly funded National Health Service (Serviço Nacional de Saúde, SNS).
                • Entertainment: Golfing, mountain-biking, beach activities

                8. Nha Trang, Vietnam

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                  ▲ Po Nagar Cham Towers. Credit: Vietnam Travel Deals

                  If you are looking for a low-cost, affordable retirement spot in Southeast Asia, Nha Trang would be the best place to stay. This sandy, rural town is fused with historic temples and exotic cuisines that will satisfy foodies.

                  • Cost of living: $650-$800
                  • Major language: Vietnamese
                  • Population: 402,000 (2015 stats)
                  • Healthcare services: Medical costs in Vietnam are low, and there might not have English-speaking doctors, but the healthcare system is developing. Some expats and retirees will seek medical care in Bangkok, Kuala Lumpur, or Singapore.
                  • Entertainment: Water activities, temple tours

                  9. Kota Kinabalu, Malaysia

                    ▲ Tanjung Aru beach. Credit: Nomad is Beautiful

                    Other than Nha Trang, the tranquil Kota Kinabalu in Malaysia is also a great place. It is a small, walkable island with a low cost of living and a high standard of healthcare. You can also travel to nearby islands to explore what nature has in store for you.

                    • Cost of living: $1,200
                    • Major language: Malaysian
                    • Population: 207,214 (2010 stats)
                    • Healthcare services: Foreigners are recommended to look into international health insurance plans. Public hospitals are inexpensive with high medical standards, while private hospitals are more expensive with a shorter wait, but they both provide the same quality of healthcare services.
                    • Entertainment: Water activities

                    10. Vilcabamba, Ecuador

                      ▲ Vilcabamba. Credit: Ancient Origins

                      The hustle and bustle may often bring negative impacts to our health. An alternative to excellent healthcare is living in a stress-free and organic environment. With clean air and constant sunshine, Vilcabamba attracts expats and retirees because of such healthy lifestyle.

                      • Cost of living: $1,100-$1,485
                      • Major language: Spanish
                      • Population: 1,293 (2005 stats)
                      • Healthcare services: Health insurance programs are of low costs, and hospitals and doctors are available even in small towns.
                      • Entertainment: Hiking

                      11. Cayo, Belize

                        ▲ Xunantunich Mayan ruin. Credit: Live and Invest Overseas

                        For those who are adventurous risk-takers, Cayo could be your retirement spot. As Belize is less developed than most countries, the country provides many opportunities for exploration, especially in rainforests and jungles.

                        • Cost of living: $1,100
                        • Major language: English
                        • Population: 73,202 (2010 stats)
                        • Healthcare services: The healthcare program in Belize is less developed, and for more serious medical issues, most retirees choose to leave the country to seek care.
                        • Entertainment: Hiking, nature adventures

                        12. Abruzzo, Italy

                          ▲ Abruzzo. Credit: Paradoxplace

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                          Abruzzo is a secret garden for retirees. It is sparsely populated, with rusty and historical architectures, and also provides entertainments all year round (you can enjoy the beach in summer and ski on the mountains in winter). This secluded town also provides homey, hearty cuisines for you to enjoy.

                          • Cost of living: $1,500-$1,700
                          • Major language: Italian
                          • Population: 1.328 million (2015 stats)
                          • Healthcare services: Servizio Sanitario Nazionale (SSN), the national health service in Italy, provides free or low-cost medical treatment to public facilities. EU nationals can use European Health Insurance Card (EHIC) to access public healthcare services.
                          • Entertainment: Beach and water activities, skiing

                          13. Buenos Aires, Argentina

                            ▲ Buenos Aires. Credit: Architectural Digest

                            This vibrant Argentinian city offers endless entertainment with 20 colorful and boisterous festivals every year. It also provides an affordable yet high quality medical healthcare program.

                            • Cost of living: $800-$1,500
                            • Major language: Spanish
                            • Population: 2.891 million (2010 stats)
                            • Healthcare services: Healthcare in Argentina is cheap, and with high quality and standards of medical services due to a surplus of doctors.
                            • Entertainment: Opera, symphonies, theaters, museums, and endless bookstores, and festival celebrations

                            14. Chiang Mai, Thailand

                              ▲ Doi Inthanon. Credit: PlanetWare

                              With abundant health-related services, Chiang Mai is one of the most popular spots for retirees to stay in. And if you still wish to get involved in the community after your retirement, Chiang Mai offers different job opportunities at schools, tourist spots, and medical facilities.

                              • Cost of living: $1,100
                              • Major language: Thai
                              • Population: 148,477 (2008 stats)
                              • Healthcare services: Similar to Vietnam, the quality healthcare services and insurance plans are cheap in Thailand.
                              • Entertainment: Night market, boxing

                              15. Las Terrenas, Dominican Republic

                                ▲ Las Terrenas. Credit: TripAdvisor

                                The Dominican Republic welcomes foreigners, and same as Chiang Mai, it provides many job openings for expats. The country is also known as a cultural melting pot with Afro-Antillean, European, North American, and Latin cultures. If you want to immerse yourself in a diverse culture, Las Terrenas is your pick.

                                • Cost of living: $1,200
                                • Major language: Spanish
                                • Population: 39,221 (2012 stats)
                                • Healthcare services: The medical care is not as well-equipped as other larger cities in the country, but Las Terrenas is improving its services and provides affordable aids at its new hospital.
                                • Entertainment: Beach activities, hiking

                                16. Medellin, Colombia

                                  ▲ Medellin. Credit: Vogue

                                  Medellin has come a long way in terms of its security and safety. As the most progressive city, drugs and crimes are no longer issues in Medellin. The city is both a industrial, financial center, and artistic city with jazz concerts, book fairs, and poetry festivals.

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                                  • Cost of living: $1,755-$2,000
                                  • Major language: Spanish
                                  • Population: 2.464 million (2015 stats)
                                  • Healthcare services: 1/7 of the best hospitals in Latin America are located in Colombia, and there are many insurance plans offered, but some do not provide services for retirees or those above 60.
                                  • Entertainment: Jazz concerts, tango festivals

                                  17. Sarasota, Florida, United States

                                    ▲ Sarasota Opera House. Credit: See Sarasota Live

                                    Sarasota and other cities in Florida on the Gulf of Mexico are great options for an after-retirement life. Apart from its cultural and musical scenes, the decent weather in Sarasota makes it one of the best spots for retirees in the States.

                                    • Cost of living: $2,575
                                    • Major language: English
                                    • Population: 53,326 (2013 stats)
                                    • Healthcare services: Both the federally funded Medicare and Medicaid programs provide healthcare coverage for retirees, especially those above 65.
                                    • Entertainment: Opera, theater, water activities

                                    18. Valletta, Malta

                                      ▲ The skyline of Valletta. Credit: The Independent

                                      For the mentioned places, English might not always been the most common language spoken, but in Valletta (and the rest of Malta), you don’t have to worry about any language barrier.

                                      • Cost of living: $1,290
                                      • Major language: Maltese, English
                                      • Population: 5,721 (2013 stats)
                                      • Healthcare services: The service in Malta is excellent, and all international visitors should have their own personal medical insurance policy.
                                      • Entertainment: Maltese cultural festivals, historical sightseeing, water activities

                                      19. Playa del Carmen, Mexico

                                        ▲ Playa del Carmen’s Central Square. Credit: Pinterest

                                        If you want a strong, well-established expat community, you should consider Playa del Carmen. The Mexican town is home to more than 10,000 foreigners, who are mainly North Americans.

                                        • Cost of living: $700-$1,300
                                        • Major language: Spanish
                                        • Population: 149,923 (2010 stats)
                                        • Healthcare services: Basic medical care is inexpensive and the line is fast, but for retirees, you don’t get the local medical coverage IMSS unless you work.
                                        • Entertainment: Beach activities, night bars and clubs

                                        20. Paris, France

                                          ▲ Eiffel Tower. Credit: Eiffel Tower

                                          This might be the most surprising spot in the whole list. Paris, really? Yes. You are probably thinking how could a place with the Eiffel Tower, the Louvre, and Luxembourg Gardens be affordable to retirees. Well, public transportation is cheap, and necessities are not as expensive as you think.

                                          • Cost of living: $1,290-$1,930
                                          • Major language: French
                                          • Population: 2.244 million (2010 stats)
                                          • Healthcare services: Medical care in Paris is considered one of the best, yet one of the cheapest in the entire Europe, and services are provided to everyone.
                                          • Entertainment: Museums, monuments, jazz night, shopping

                                          Reference

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                                          Frank Yung

                                          Writer. Storyteller. Foodie.

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                                          1 There Is More to Life Than  ____________ 2 10 Steps For Success: Applying The Power Of Your Subconscious Mind 3 How to Lead a Team More Effectively and Be a True Leader at Work 4 How to Live up to Your Full Potential and Succeed in Life 5 How to Find Your Blind Spots in Life and Turn Them Into Strengths

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                                          Last Updated on December 13, 2018

                                          There Is More to Life Than  ____________

                                          There Is More to Life Than  ____________

                                          I decided to leave the title of this article open ended, because I’d like you to fill in what words best fit that blank. We’re all unique individuals from different walks of life, and in different stages of life; so, that sentence will have a different meaning for each of us.

                                          If you’re a busy working professional, why are you working in the job that you have now?

                                          Is it because it’s something you’re passionate about and brings you a lot of satisfaction? Or, is it because you studied that in college and just found a job that hired you for those skills? Perhaps it’s because of the money that you’re earning, or know you can earn down the line?

                                          What if you’re about to retire? You’ve got, say, 2 to 3 more years before you hit your ‘deadline’ for retiring. Have you done all that you’ve wanted to do in the past 30-40 years? Any unfulfilled goals or dreams? Are you happy with the outcome of your life to date, all the decisions and/or risks that you’ve made thus far?

                                          I’m sure many of us started working after college in hopes of earning a good living–to be financially stable and able to afford the ability to experience and do things that we love. We start establishing a career, and with time, tick off boxes on our bucket or ambition list. As you look back on the last couple of years, just how much of your time has been spent doing things that you enjoy and love–the things that give you a great sense of fulfillment and meaning?

                                          Have you become a slave to the economy, a slave to your work, or a slave to your kids? Or have you found a balance between work and pleasure?

                                          When is Enough Ever Enough?

                                          Sadly, many of us live to work.

                                          Realists would argue that if you truly want to work to live, you still need the finances to back that up. No money no talk. That is how the world runs today. So if you don’t earn or make enough dough, it’s hard to truly enjoy life; it’s hard to be happy without money.

                                          So, in this quest to provide just that, many of us end up spending our whole lives pursuing wealth and a life of status and material wants. But, is it ever enough? Is there such a thing as having too much money? And, at what expense?

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                                          Many wealthy entrepreneurs, millionaires and even billionaires have come to agree that money doesn’t bring you all the happiness in the world. It’s good to have, but it doesn’t truly satisfy all desires. There comes a point where you would have ‘had it all’ and still feel a sense of emptiness: an empty void that needs to be filled, not with money or material possessions.

                                          So the question is then, what more is there to life if not for financial stability, status or material possessions?

                                          How do we make work a part of life instead of having it consume our life entirely? Perhaps we need to go back to look at the word life itself.

                                          What is Your Purpose in Life?

                                          What is the nature of life? What does life mean to you? Is there a purpose?

                                          If we seek jobs, all we will find are jobs. But if we have a sense of purpose in how we are productive; if we seek a calling, then we will find more than a job. We will find our contribution to humanity and we will find more to life. Would you agree?

                                          Research has shown that having purpose and meaning in life increases overall well-being and life satisfaction, improves mental and physical health, enhances resiliency, enhances self-esteem, and decreases the chances of depression. So it should be noted that to be happy in life isn’t always enough, because happiness is a surge of emotions that does not last. Instead, it’s more important to find and have meaning in life.

                                          Meaning is not only about transcending the self, but also about transcending the present moment. While happiness is an emotion felt in the here and now, it ultimately fades away, just as all emotions do; positive affect and feelings of pleasure are fleeting. The amount of time people report feeling good or bad correlates with happiness, but not at all with meaning.

                                          Have You Been Going on a Wild Goose Chase?

                                          Ironically, the single-minded pursuit of happiness is leaving people less happy. “It is the very pursuit of happiness, that thwarts happiness”, according to Viktor Frankl, a famous Austrian Neurologist and Holocaust survivor. Going back to the common example of pursuing riches in order to be happy is exactly what makes many so unhappy.

                                          So again, look at the statement “There is more to life than ______.”

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                                          Have you answered it meaningfully? If you’ve read on this far, and are now wondering how to take that first step to figuring out what your true purpose is in life, fret not; I’m here to help you reframe your mind and actions, so that you can embark on a journey of finding true meaning to your life.

                                          Everything that you can do and accomplish in life are bounded by 7 Cornerstone Skills. These are the true essentials needed to achieve excellence. They’ll put you on a path that gives great meaning and satisfaction in life. And, the best thing of all? They already exist in each of us. We just don’t always make the most of it, or sometimes we aren’t even aware of the power that each of these skills have to help us in life.

                                          On it’s own, each skill is unique and can help you through different stages of life, or problems. But as a whole set, these 7 Cornerstone Skills will give you full transformation over any situation. No matter what phase of life you’re in, what you’re striving to achieve, or what feel you’re lacking, your pursuit of meaning in life will be much faster when you’re able to make use of not one, not two, but all 7 Cornerstone Skills.

                                          The 7 Cornerstone Skills

                                          So let me give you a glimpse into what these 7 Cornerstone skills are.

                                          Creativity

                                          Creativity empowers you to find unique solutions to problems, and see things in ways that you least expect.

                                          It goes beyond the artistic impressions and aesthetics, and is a crucial building block of change.

                                          Learning

                                          Without Learning, you will not be able to advance and progress in life. Yet, there are many of us who always fall behind not because they don’t have the intellectual ability, but because they don’t know how to learn effectively.

                                          Memory

                                          And then we have Memory, one of the most vital components, because without that you have nothing to fall back on, nothing to gain from all the learning or experiences that you’re exposed to on this earth.

                                          And with an ever increasing amount of information available, how can you store up as much knowledge as you can without overloading?

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                                          Focus

                                          And with any and everything that you do, a certain amount of Focus is always given.

                                          Whether it’s the career ladder that you’ve been climbing, or the responsibility of being a parent, Focus is a flow that allows you to push towards the progress that you’re striving for.

                                          Without focus, we find ourselves lost, demotivated and stuck in a rut.

                                          Motivation

                                          Many of us aren’t happy in life or with our jobs and responsibilities because we lack Motivation, and an overarching purpose as I already mentioned earlier. Motivation helps drive you forward, and gives you the focus achieve your purpose.

                                          Habits

                                          If you realize, every new day that comes is filled with routines. Whether it’s getting ready for work in the morning, putting your kids to bed in the evening, or setting aside time during the weekends for family time and activities, it all happens as a result of habits that you’ve built over time.

                                          Therefore Habits dictate a big part of your life. Pursuing happiness, money or meaning all have a dependency on your habits. If you find yourself being controlled by bad or negative habits, it’s more likely to hinder you from being productive and reaching those goals.

                                          Time

                                          This also ends up leading to bad use of Time, or poor time management.

                                          You might feel like you haven’t built a stable career yet because you lack proper time management. You find yourself spending a lot of time being busy, yet producing little outcomes.

                                          Or certain habits might be consuming time that you can be using for other more productive tasks.

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                                          Perhaps you’re on your way to retirement, and feel like it’s too late to find new meaning to your life. There’s not much time left to embark on a new journey again.

                                          Are You Ready to Live Your Best Life?

                                          The simple fact is, that if you can sharpen these 7 Cornerstone skills, you will realize that finding meaning in life, or reaching the goals and ambitions that you’ve set out for yourself, no matter what stage of life you’re in, is very attainable.

                                          There is no magical method to having life figured out. The skills have always been there since day 1, you just need to know how to use it to the best of your advantage.

                                          And I’m here to show you just how you can do that. Lifehack is all about equipping you with the best and most effective ways to increase your productivity, motivation and focus to achieve true Purpose in life, in as little time as possible.

                                          Embark on a transformational journey with us as we show you how to learn and improve your 7 Cornerstone Skills so that you’ll come out a new person, ready to either pursue your existing goals at a much quicker rate, or to find new goals to pursue without being limited by time, age or responsibilities.

                                          If you’ve been wanting a change, or been stuck in a rut for a while now, here is your chance to get started on pushing towards progress again.

                                          Anyone can transform, anyone can change. Are you ready to live your best life? Click here to start your journey!

                                           

                                          Featured photo credit: Caroline Hernandez via unsplash.com

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