The Shocking Truth About Retiring on Social Security Overseas
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- เผยแพร่เมื่อ 18 ก.ย. 2024
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If you're considering living on social security and want to find cheap, safe places, with affordable real estate, you're in the right spot! Today, we’re diving into the best countries for affordable living. Whether you’re planning to move abroad or just looking at your options, we’ve covered all the real estate details. Our main goal is to help you live comfortably on social security without stretching your budget.
These are some of the best countries for Americans to retire to.
So, let’s check out the top 10 safest and most affordable countries to live in!
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7:50 One time during Easter with my family I was unlucky enough to be walking and when I looked up for some reason bird poop landed DIRECTLY IN MY MOUTH. I immediately spat it out and had to walk for 2 minutes with that taste in my mouth. I washed my mouth out with soap and water in a public bathroom and I’ll say, I have never been so happy to find a sink until that day.
On that abduction thing, I don't suppose they have any nice,sweet,attractive Ladies looking to abduct an overweight older American man do they?
BRIGGS, do another video with some other choices, even if a tad more expensive. Prague, Poland, Romania, etc
We've been living in Playa del Carmen Mexico since I retired early in 2011. It's not perfect but we still love it. Our SS and my pension go a lot further than it would it the US. Plus I don't have to shovel snow anymore.
How much are your monthly expenses? And if you can detail it?
My parents retired to Bacalar MX in 2010 and don't have plans to come back.
If you make it to Vietnam, please see if you can find my right leg.
LBJ suggested I leave it over there for freedom.
Thank you for serving sir.
My dad got promoted super fast over there. Everyone just kept retiring 😢.
Thailand is a good place to live. The only big issue is language barrier. People are so nice, infrastructure is decent, weather is great, yet language barrier makes everything seem more difficult and alienating to those expats.
The problem of living in a tropical environment is infections can get out of control quick. I was stationed in Hawaii and my wife and I both had serious life-threatening infections, and we were both healthy and in our 30s.
I remember seeing that in Thailand. It seemed almost all the tourists had an infection that was slow to heal in the tropical environment.
I almost died from an infection within 3o days of arriving in Hawaii. Managed to survive there four years after that.
You didn't mention anything about the health care systems available. That becomes a big concern when you get older.
All you got to do is come back to the us for that
@@clifftayliam8030 Yea and when you are lying on the floor and you can't get back up you just say "send me back to the USA".
@@mikeh2520
Either that or “Do not resuscitate” sign🤷🏼
@@clifftayliam8030 Depending on the nature of the health issue, it ain't always that easy. Trust me, I know.
Travelled to over 40+ countries. Many other countries have cheaper, standard or free healthcare. USA is way too expensive healthcare systems that will leave most people broke on their deathbed.
I would rather die in paradise on subsidized healthcare.
My first choice would be Philippines (along with about 400,000 other Americans). English is widely spoken, living is cheap, private healthcare is mostly excellent (many trained in U.S.). People are super friendly!
Philippines is unbeatable, i.m.o.
I was expecting it to be #1. Shocked it was not on the list at all.
Agreed !! 🤷♂️
@@edwardrhoads7283 He always leaves it off of every positive list. I think he has a chip on his shoulder about the place for some reason.
i was shocked this wasnt in the top 5 on this list. lol. Ive been there a few times everyone is so happy and its just so fun to be in philippines. I can for sure retire there.
I would love to live in the north countryside of Japan. Rural Japan is no where near as expensive as the cities. The real barrier, other than the immigration hurdles, is the written languages.
There’s a lot of written and spoken English up there due to the military bases. I spent 3 years living in rural northern Japan and we always took long road trips to explore deeper into the country side, we never once had an issue.
You are funny. I sm only 47. But retired in Vietnam. Built a house in 2023 on the beach in nha trang. Got a beautiful wife. And dud it all sfter leaving California in 2008. Traveled asia, taught s korea, Taiwan, settled in Vietnam.
Sounds amazing!
Belize City has terrible crime rates
I am visiting Portugal for 3 months the end of 2025. I will be checking out Portugal, Spain, and Italy. Then I will decide if I will be there permanently. After this video, I may also look at Greece
Come to Brazil it's cheap here
@@emanoelpaulino1935 isn't it dangerous? I hear horror stories. But yes, Brazil is beautiful
@@darwinapala960 mídia spreading bad things all around it's normal to hear that , isn't a hell as they say , some places are safe , depends on where you want to live , there are plenty small cities great to live
@emanoelpaulino1935 Definitely, there are several places here in the states that are very dangerous. I appreciate the feed back. I may visit
Watch out for tax consequences of living in Spain! It's not very pretty!
New Zealand, particularly the south Island because phenomenal landscape, rural living and a really safe country.
Complete libtard country and expensive as crap
90% of the people watching this video would not be allowed to retire in New Zealand.
If you move to Greece, don't move to Athens, check out smaller places like Kalamata for example, much nicer and ultra cheap!
Briggs joke about ordering the wrong food was spot on, I've seen it happen 🤣
The people in Nicaragua are some of the kindest people, they don’t look at foreigners like Dollar bills which is why you may not think they are as friendly.
Briggs... you almost have to divide "retirement" into 3 categories..
Under 60
60 to 69
70 and over
The under 60 people either wealthy or have government pensions and have good disposable income and no health issues
60 to 69 are the core healthy retired and most have social security ..they are going to want comoetent healthcare available
Over 70... they are looking for good healthcare and significantly more focused on that after 75
Not necessarily. I'll be 75 in a couple months and the healthcare I do is: I've been eating right, and exercising regularly, etc. for decades. If I have a health problem that actually requires medical professionals--which is extremely rare--- I'll just PAY FOR IT, like everything else in life. Insurance is a scam and a rip-off. Amazing to me how many people who would never bet to WIN Vegas or bet on the horses, but will still bet to LOSE by buying insurance.
Your description ls of all these countries had me rolling 😂😂😂 specially Panama.
Mexico has too much crime, You need to mention Health care for all the countries. I visited Thailand and loved it.
Not all Mexico, there is a city with no crime at all in Mexico, if by any chance a thief from another city arrive and steal something next day the thief disappear like magic, very few or almost no police. Go Merida and try.
Greece, specifically Corfu.
Belize is the only country listed whose primary language is English. Should have mentioned it. That’s one of its best attractions. It would be tough to live in a place where you don’t speak the local lingo
I would choose Philippines over Indonesia and Malaysia without hesitation. Inexpensive, safe and I have found that they have the best 'beaches' in the world. (The Philippines seashores are phenomenal also).
should be #1 on this list. Philippines is amazing!! and the people are beautiful and friendly.
@@dean4125 Philippines is my retirement destination in 3 years from now. I have been to Mexico and Malaysia and among those 3 Philippines is the easy winner.
I moved to Perú, Cost less than $1000 per month.
Is that in a city or the countryside in Peru?
Id love to visit there.
In llama-land
There’s a one-man band
And he’ll toot his flute
For you
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Thanks for this amazing tips, I found her webpage and booked a call session with her, she seems proficient.
My top choice of where I would want to retire is Portugal. But I would consider Mexico, Malaysia or Greece. Great video as always, Briggs! Thank you for the cool content!
Briggs looking good
I have never been out of the country but the one country that i have always been fascinated with is Canada....From everything ive seen the Canadian Rockies seems like it would be a great place to retire to....
@akgobears Canada is expensive. Have friends who live there. Major pro is the Healthcare. Once you're a citizen you're covered
@@darwinapala960 But no service, just keep waiting and waiting and waiting and waiting.
@MarinaLaroche USA can be just like that as well. I see my primary care every 3 months, and my mental health providers ever other month.
Most of my appointments are telehealth unless something specific.
I am in the VA Healthcare system, and though it has some pretty bad issues , I have not experienced anything unpleasant whatsoever. I have been fortunate
Ireland!
Ireland surprisingly hasn't been doing very well the past 20 years
@@justinratcliffe947 It’s the luck of the Irish!☘️
You must income of roughly $59,000 a year for each person in the family. No one with just social security payments will qualify.
These are awesome and neat and keep them up man and Vietnam is the best one okay that was a supired a bit tho that awesome :D
I live in Finland. The winter is long but you can always take an extended holiday. Summers are great and we don’t have many weather issues.
I think retiring to Finland is a great counter-intuitive play.
@@BillLaBrie the big cities are expensive (vs somewhere like Vietnam) but the healthcare is excellent and inexpensive. I live an hour from 2 big (by Finnish standards) cities and the housing cost is similar to lower cost countries. It's really worth considering. It's possible on SS.
@@finguy8572 The hard part of convincing retiring people to move to Finland is the climate and isolation, of course. But then some Americans retire to Alaska.
I've been considering Sweden.
I have an EU passport; So I will most likely go back there to retire. Costs for groceries, rent and health care are typically much lower than in the US.
Ok but EU is big, what country is your target?
@Ildikoprepperkitchen every EU country is less expensive than America. I've lived in Greece, Romania and Thailand, traveled to many more. The united states was the most expensive country I've lived in for all categories
@@Jughead24every country? Au contraire.
@bukboefidun9096 well, if one were to cherry pick, you could easily indicate disparity. For example Akron Ohio is less expensive than a comparable town in Austria. Or one could compare what 100k salary would provide in small town Minnesota vs. Copehagen. So, in a sense perhaps you can be right. But overall, yes absolutely. Which country us not if compared accurately?
I would love to live in Switzerland.
Very expensive!
Very expensive!
Italy is the best country in my opinion. Love it and really miss it. Not perfect for everyone, but perfect for me. I was stationed in Vicenza for six years.
I hear ya. Just spent this past August traveling all over Italy. Vicenza is an awesome location... close to the Dolomites, the swiss alps, the lake district and Venezia. Been back for a few weeks and I'm missing it already.
Dolomite, Tuscany, YES
Did some looking during Covid and gave points for safety, economic stability, healthcare, housing costs, and visa requirements. Back then, Georgia came up at the top of the list. Romania was not far behind.
What about South Dakota you never hear anything about it? Out of the news is good.
Georgia is a vasal of Russia, so consider that given current USA relations. Russia defeated Georgia in 2008 invasion war.
@@f42un84ua small skirmish
Thank you Briggs ⭐
Romania! You could easily live there on $1500-$1800 a month.
Interesting video, as always, but aren't there any affordable countries without sky-high heat and humidity? Places a lot farther north or south? Just curious.
Patagonia region of Argentina. It's GORGEOUS, and cheap if you stay away from the touristy cities like San Martin de los Andes, Calafate, Villa la Angostura, or Bariloche (but if you have dollars even those expensive cities are still affordable). I highly recommend it
These were all hot climates - would enjoy seeing some cool/cold climates (even if expensive)
Poland maybe? 4 distinctive seasons. Summers can get brutal, though.
Patagonia region of Argentina. Chile too, but they have earthquakes and volcanoes, where we don't.
@@sandrastanley3135 rural regions and small cities in France, great value imo.
i'm just here for thailand
How’s the healthcare in Belize?
As long as you're healthy, Good !!
I would only think about Eastern Europe for me. Can't believe none of them made the list
I live in Argentina. There are THOUSANDS of retired US citizens living here, especially in the Palermo neighborhood in Buenos Aires, in Bariloche, or in the province of Mendoza. I would definitely recommend moving here (IF YOU HAVE US DOLLARS. If you don't and are looking for a job here, DO NOT COME. Unemployment is atrociously high, and the pay is awful). The lifestyle is very European. Infrastructure is great, healthcare is great, the food is fantastic, people are super friendly (and most have at least a basic knowledge of English, although I would recommend you learn Spanish), the landscape is gorgeous, transportation is good and reliable, and while crime is a problem in large cities the crime rate is the exact same as in the US, and in smaller cities (like where I live) or towns it's extremely safe. The immigration process is the second easiest in the world, right after Uruguay (another country I'd recommend). And on top of that, there are almost no natural disasters (except flooding in some areas).
Do not rely on the visa information in this video. The information is a bunch of half truths. The #1 choice for retirement in this video is Vietnam. Vietnam does not have a retirement visa. Always review official government retirement visa requirements when researching potential countries to retire. Readily available on the net. Oh... and the real #1 retirement country for Americans is clearly Albania. Mediterranian weather, super low cost of living (easily live there for under $1,000 USD per month), jaw dropping scenery , NO visa required and Americans only can stay for a year on a digital passport stamp. See if you like Albania (you will), leave for 90 days and get stamped for another full year (over and over) or get a super easy to get permanent visa processed within a month. I've been to 34 countries scoping out the best places to retire. Albania should be on your list. And again, please rely on only official government visa requirements (which change frequently). Relying on the garbage information on the Internet could destroy your retirement.
Try carrying a conversation in English, in Albania
Albania has some growing up to do. Their infrastructure is not up to par, they rely too much on cash transactions, costs are increasing, and apparently they have racial hangups according to black travelers to that country. Yes, Americans can stay a year in Albania, but it's not worth it. I'd rather go to Georgia
Ooh new video!! 🎉
These countries maybe cheap to retire in, but safety and comfort is an ever-fleeting element. Mexico and Vietnam are only cheap because not much money is used for security, so they are definitely risky places to live in, no matter what neighbor or island you're in.
Hi, Briggs..., One word: "EXCELLENT." * Excellent video and very informative, and "Thank you" for sharing the video ! ! * Your financial numbers were spot on or very close. * Excellent video... "Semper Fi" Mike in Montana :)
I have friends that are moving to Europe next month. They have been planning it for a very long time. They retired early. They’re basically doing upscale house sitting. So if your adventurous and knowledgeable, you can make this happen.
I'm surprised that the Philippines didn't make it, into your list ... 😮
A friend travels the world installing his custom made water purification systems. It's a charity. I asked him last Sunday at church if there was any country south of our border where it's safe to drink local tap water. He said no.
He must not be very competent or honest, then. In reality, the answer will vary massively depending on the specific town or city. But to say all countries south of the US? He's lying.
How about doing a video on which countries are best to move to with your dogs and how to go about doing so?
Do a Google search for "APHIS", the USDA's Animal and Plant Health Inspection Service. Find the section on pet travel. You can then find your destination country and find out the process for bringing your pets with you. Some countries will not allow certain dog breeds, and depending on the number and size of your dogs, it might prove prohibitively expensive. But, you will get all the official information you need from that website.
Super interesting. Thank you from Newberg, Oregon.
Ngl, I fully expected the Philippines to be on this list
just an FYI....Congress has given themselves the ability to deny social security to seniors and expats. I'm sure it doesn't happen often, BUT, they did specifically give themselves the right to do it for a reason....
I’d move to Finland
Are there any awesome countries to live in that an American can illegally immigrate to and they welcome you and hand you a bunch of money and services?
That’s what I’m looking for!😂
I hear the UK is doing that
Pick up on line one. Putin has just the offer you are looking for. Just sign the contract.
You missed Ecuador. You missed Bolivia
You forgot Philippines land of pretty ladies , great food and cheaper diggs than Thailand. You can find home is mountains that are cool most the year . Tagatay is close to Manila .
Octopus is actually pretty good. I ate some at a restaurant in Rhodes.
I would like a flat in central London. Impossibly expensive these days though. Thank you for the video.
Remember JOTC?! I loved that training. 1 month living in the jungle. Awesome!
Ajijic México is where most of Americans and canadians retires live.
I moved to West Tokyo last year.
Cost of living is half of what it was for me in the Florida Panhandle.
Basically doubled my retirement by just moving.
Spouse and I both receive military pensions.
Thank you…. Good job
what about Albania, Cambodia, Eastern Europe? Maybe it should have been top 20 countries?
Hungary (depending on the war next door) or Portugal
How about a place where you can live for $1000 per month?
the Azore Islands, Portugal
Hawaii in the middle of the Atlantic, but with moderate temperatures
My wife and I are looking at Spain. Maybe a bit more expensive than Portugal, but a diverse and wonderful country.
No Philippines huh? I’m surprised
No thanks, its actually more expensive than the 3 asian countries he mentioned. And well infrastructure, crime, trash, pollution. No thanks.
Philippines would be my first choice.👍🏻
Say, if I wanted to just book a one way ticket there with only let's say $5K, is that feasible?
@@AceKite00I don’t know.
@@AceKite00
To vacation or live?
If that’s your plan to just go there and survive, no not feasible. You’ll need proof of self long term support.
WEll, that's nice...lol How about less humid, more 4 season countries for SS, Italy would be the country for me to move to
I think you should coordinate a reunion at one of these locations
Portugal, Costa Rica, Belize, Greece.
Philippines 🇵🇭
I'm not living anywhere that has fer-de-lance snakes, so that rules out Guatemala, Belize, Honduras, Nicaragua, Costa Rica, and Panama
I would pick the Philippines because that is where my wife is from. Also we have been buying land there. Friendly people. But very humid there
I am now considering southern Italy or Sicily.
Italy is awesome... just beware the #1 complaint from expats that have moved there is the bureaucracy is nothing short of terrible and as one guy said, i't's even worse than you've heard.'
All places I would love to visit but after 20 years working outdoors I want to retire to someplace that’s not humid and maybe tops out in the upper 90’s, no snow please and make it cheap😂
Argentina or Chile, in the temperate zone, in the lake regions.
Panama always seems to hit all the boxes for an expat
Moving to Japan in a few months. English teacher gig. 🤙🏻
Vietnam !
I like the idea of Portugal and Greece.
Are they cooking crime books to make Hanoi look good?The numbers for crime are very good in Hanoi!
Include information on how to get residency, health care, and handicapped accessibility next time.
Thx for the video , I wouldn't want to live in any of those places though
For me is Bulgaria
I live in the US on $1100 a month. That’s my SSI.
Your information about Thailand seems to be outdated. The latest data on Americans residing in Thailand is 80,000+(for dual citizenship) according to the American Embassy ( 9/2024).
Me? Canada! I don't like the heat.
Overall Lisbon and Portugal should be number 1 because of combination of affordability,crime rates and standard of living!
Except that the NHR tax program has ended and rents in Lisbon and Porto have risen substantially and are a lot less affordable.
Azores and Maderia are Portuguese territory and for some reason never get talked about in these videos when Portugal is discussed.
Having lived in Lisbon for a bit over a year, I would not call it "affordable". Maybe when compared to London or Paris, but it has become and expensive city for housing. Still love that place, though. Amazing city, and incredibly safe. But, there are a lot of other great smaller cities in Portugal. As mentioned, the NHR program has been closed to new entries, but there may be some other tax incentives more selectively targeted at bringing in workers with in-demand skills. Your income tax bill will go up, but you need to measure that against savings in other areas. With a bit of planning, you can easily live without a car and save a ton that way, for example.
@@grizfan93Good points.
I would live in England.🏴
all of central america is pouring through our southern border, there should be plenty of housing available
I cringe Everytime someone puts Thailand on the list of places to live. Those people are so over outsiders. I was there in 2008 and 2018 and I did not see any smiling faces. Of course if you are a young, white male in your 20's that is a different story.
Some of these countries are good for couples, some are good for single women and some are extremely good for single men open to marrying a local.
If you are looking for more info on any country, you type the word expat and the name of the country and websites will come with forums where you can talk to people living in that country.
It probably sounds cliché, but I would like to live in Italy in a quiet village. Great food, good weather and the language is learnable.
I have been to Vietnam earlier this year, it is a great place to explore, and I been thinking about one day retiring over there. I am still a long way off I am in my 40s but I should retire, and I have nothing to keep here Vietnam is on top my list.
The Philippines with Thailand a close second are my top places for retirement. My concern like most people of retirement age is health insurance.
Japan because my hubby is from there
I love these videos. Panama is top of my list. I just returned from a vacation from there. People, food and area is beautiful and fantastic. I feel the infrastructure has gotten better over the years. But I love it.
Ireland. weather is a problem ... but, Lanzarote is 37 Euros away. Meanwhile, Ireland is civil.
Weather is the least of your problems, unless you arrive here financially secure lol
How do you make videos by not running out of ideas and not be repetitive?
Goin to Belize
Looking for someplace warm, not hot, snow peaks, medieval or colonial buildings, fresh food, cheap rent, colorful culture, ethnic clothing, etc
I would never live outside of the US of A. I would miss my kids to much!