Retire to Mexico or Ecuador and Live Far Better for Cheaper?

In Mexico, seniors are traditionally cared for in the homes of relatives. But PBS News Hour reported that a boom of foreign retirees, many of them Americans, have begun moving to Mexico to live out their years, paying much less for independent and assisted living than in other countries — just $1000 a month for luxurious accommodations and three meals a day.

And then there’s Ecuador.

“Cuenca is still considered the “Pearl of South America” and continues to draw people from all around the world to explore, to invest, and to live. With its year-round temperate climate, low cost of living, excellent health care, affordable housing, and one of the most well-developed and extensive expat communities, Cuenca remains the number one retirement destination in the world.”

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