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Best Places to Retire

Retirement brings a different pace of life. No more sweating work deadlines, playing office politics or struggling to stay afloat in a city with a soul-crushing commute and a punitive cost of living. The end of your career also raises new questions about where and how to spend your days now that you’re no longer tied to a specific location.

Considerable factors to select a best places to retire

1. States with the Highest and Lowest Cost of Living 2. Tax-Friendly States for Retirees 3. Suitable States for Senior Health 4.States with the Best and Worst Climate

Check out 7 best places to retire to get the most out of your golden years:

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Spain

Cost of living: The cost of living in Spain is less than most expect. A couple can live very well on the coast for between $2,200 to $2,400 per month.

Healthcare: Expats are required to carry private health insurance for the first five years of residency.

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Malta

Cost of living: Malta is by no means the cheapest country in Europe, but it still offers lower prices than the U.S. and Canada.

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Healthcare: Unfortunately, expats cannot access Malta’s excellent public healthcare system, but the private insurance options are high-quality and inexpensive.

Colombia

Cost of living: If you want to live in an upscale neighborhood of Medellín and Bogotá, you can expect to pay around $1,250 per month for a very nice three-bedroom apartment.

Healthcare: Colombia’s public healthcare plan is called Entidades Promotoras de Salud (EPS), which costs about 12.5 percent of your pension income.

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