October 19, 2012
Over the 20th century, many retirees moved from New England, California and the Midwest to the sunny and sparsely populated Sun Belt, where low taxes and warm weather beckoned. Today, many Americans are moving much farther afield to enjoy a new life at a low cost. Thousands are migrating to Asia, South America, Europe and beyond to stretch their retirement dollars. And foreign countries, eager for the boost to their economies, have taken notice.
Click Here to See the Best Retirement Spots Abroad
With so many nations interested in attracting retirees from abroad, Americans are spoiled for choice. Bankrate uncovers six up-and-coming destinations where retirees can easily live on an income of $2,000 a month. In some cases, retirees are already living there for far less. Here are six great retirement destinations that offer affordable housing, food and medical care.