Watch CBS News

Top 10 Cheap Retirement Destinations

(AP)
This story was written by GlobalPost's editors. The original can be found here.
Are you one of the Americans struggling to save for retirement who President Obama mentioned in his State of the Union address? GlobalPost has put together a list and slideshow of some of the best places to settle down when you need to make your dollar last. We favored countries that not only have low costs of living but also offer beautiful, relaxing settings; access to good medical care; and a range of activities to keep you busy.

The selections are based on analysis of cost of living and other variables for each country. The Cost of Living Index, compiled by the Economist Intelligence Unit, compares the cost of maintaining a typical international lifestyle in a foreign country with that of in New York City. The United Nations Human Development Index measures a country's adult literacy, life expectancy and income levels.

Following are the 10 destinations, in alphabetical order:

• Argentina
• Bulgaria
• Costa Rica
• Ecuador
• Malaysia
• Mexico
• Panama
• South Africa
• Thailand
• Uruguay

For more, check out GlobalPost's slideshow and data on the selected retirement destinations.

Related GlobalPost Stories

Old Patagonian Express keeps chugging along
Touring Santiago on two wheels
Uncovering Buenos Aires' architectural heritage

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.