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See: Jaw-Dropping Stats About the State of Retirement in AmericaGood To Know: All the States That Dont Tax Social Security. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Are you considering joining the approximately 47 millionAmericans who are retired? In that case, you'd only need to save $750,000. Living comfortably in Belize will require nothing more than $800 to $900 a month. And between the Pirates, Steelers, Penguins, and Panthers, sports spectators have plenty of options. 20 Items Costco Superfans Say To Stop Buying Due To Inflation, 5 Places in Florida Where You Can Live Only on Social Security, 3 Ways To Recession-Proof Your Retirement. A couple can live comfortably, but not lavishly, in Portugal on $2,500 per month. 13. For women, the increase is nearly 15 years. A retirement income of $40,000 per year certainly won't go very far in Honolulu or Miami, but there are plenty of other places where it can fund a comfortable retirement lifestyle. Senior citizens above a certain age can get discount admission to the Little Rock Zoo, Arkansas Museum of Discovery, and the William J. Clinton Presidential Library. 3. . Retirement is supposed to be a time when you can kick back, relax, and enjoy your hard-earned leisure time. My husband and I would love to retire on a nice, quietish lake under 11 hour drive from Los Angeles. For Warm Weather and Plenty of Recreational Activities: Reno, Nevada Yatchs and other boats at a port in Montevideo, Uruguay. Unlike cities like Miami, which will flood in coming years due to climate change, and Jacksonville, which is vulnerable to major hurricanes, Sarasota has generally been spared direct hits by mega-storms due to the shape of Floridas landmass. Rentals are plentiful and affordable too, with a two-bedroom, two-bathroom condo available in downtown Cuenca for $500. Bob Haegele is a personal finance writer who specializes in topics such as investing, banking and credit cards. Methodology: To find the best cities to retire on a monthly budget of $3,000 or less, GOBankingRates first used Zumpers March 2022 National Rent Report to find every city in the U.S. that has (1) an average monthly rent of $1,500 or less for a one-bedroom apartment. And according to the Bureau of Labor Statistics, the average American age 65 and up spends nearly $46,000 per year -- or around $3,800 per month. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout.