Overseas Retirement

When it comes to living overseas there’s a vast difference in your needs between being in your 30s or approaching retirement age.Sure, the thought of living in a grass hut with nary a worry except whether or not your mosquito net will protect your tender flesh as you sleep is far different from wondering if you can continue to afford this cost of living for the duration of your life.Thanks to Business Week researchers the following list of the top 20 retirement destinations should streamline your search of the “best place” based on your individual needs since lovers of wine might select Australia over those who select South Africa based on its stunning scenery. Climate and temperature may matter to some with medical conditions so the Malaysian option may not be as desirable as Costa Rica.Mindful of cost as their consideration (since that seems to be the driving factor in quality of life) the following are ranked from the most affordable to the least (using a base comparison of New York):

  1. South Africa
  2. Costa Rica
  3. Panama City
  4. Philippines
  5. Mexico
  6. Malaysia
  7. Thailand
  8. Indonesia
  9. New Zealand
  10. Cyprus
  11. British Columbia
  12. Portugal
  13. Southern France
  14. Croatia
  15. Costa del Sol
  16. Australia
  17. Ireland
  18. Italy
  19. Israel
  20. Singapore

We suggest that you take a look at each of these destinations via online research and library/book store visits to determine which one(s) will best suit your retirement needs since everyone’s needs are so vastly different and to categorically label any one or two places as “the best” would be futile.These cities ranked higher on a cost index than New York. All others were less (as indicated by rank order in 2010).