Travel

But IF you only have limited retirement funds, and limited income in retirement,
And Depending financially on essentially your social security only,
Then relocation to a low expenses country may be a solution for some.

I have read quite a few US news reports lately of retired public employees, retired teachers that just can not afford to stay living in the US, they indeed want to stay but costs are too high here.

The housing costs in many parts of the US are some of the most expensive in the world, and sure, the devil is in the details on where to live too.

Especially if you do NOT own a home free-and-clear.
Even with a house with no debt, insurance costs are high and getting
higher, In some places in US you can no longer get any insurance coverage
due to insurance companies bailing.

Property taxes in US can be oppressively expensive too.

Utility costs in US are high compared to some foreign countries

And you if are still in relatively good health and good shape,
Retirement in Costa Rico, Spain, Portugal, Mexico means
you possibly can have a far better life than staying in the US.

But this doesn’t work for a lot of Americans….
— Too entrenched living where they are.
— Family ties in US.
— Not comfortable with change.
— Not comfortable being a minority in another country
— Not comfortable with foreign language
— afraid of being isolated in foreign country
— would rather stay in backward USA
— afraid health will deteriorate , and then what do I do?
— No companion