(MONEYWISE) September 6, 2018 — In 2018, American retirees are collecting average monthly Social Security payments of just $1,404, or a mere $16,848 for the year.

That’s hardly enough to afford a decent life in America, particularly when seniors are facing out-of-pocket health care costs of more than $13,000 per year.

But what if you didn’t retire in the U.S.? The fact is that health care, housing and daily expenses cost significantly less in other countries.

Source: https://moneywise.com/a/ch-b/the-top-countries-retire-on-150000?utm_source=twitter&utm_medium=desktop&utm_campaign=twt_150kretire_dsk&utm_term=twt_150kretire_dsk_a01&utm_content=twt_150kretire_dsk_a01_v02