15 Best Places to Retire With $250 in Savings and Feel Rich

Retirement is a milestone that many of us look forward to. However, deciding where to retire can be a tricky question. This is especially true when you’re trying to stretch your retirement savings. finance.yahoo offers a list of the 15 best places to retire with $250 in savings and feel wealthy. Hint: It's not the U.S.

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While Americans are said to need at least a million dollars to retire comfortably, many are far from that goal. Even if they have a quarter of that amount saved (about $250), that would only last them 000-6 years in the U.S., combined with Social Security.

With these numbers in mind, it would be fair for the average American to consider retiring outside the United States.

Here are the best places to retire with $250 in savings and feel rich.

On the subject: 'Live for free in the most expensive cities in the US': personal experience of the owner of a tiny house

15. Corfu, Greece

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You don't need a large retirement income to live a relaxed island lifestyle. This beautiful green island off the northwest coast of Greece in the Ionian Sea is full of stunning ocean views and charming villages.

In addition to the stunning scenery and surprisingly pleasant climate, Corfu is a great place for retirees to enjoy its cost of living. A single expat can retire comfortably for under $2000. To top it all off, expats are found all over the island, no matter where you decide to settle.

14. Tbilisi, Georgia

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Georgia's capital Tbilisi is a fantastic place to retire on $250 and feel rich. After all, living expenses for a single expat retiree are well under $000, giving them the opportunity to live large while away from home.

Apart from the reasonable cost of living, this is the only city where you can find all kinds of modern conveniences without any problems. Tbilisi is a stunningly beautiful old city, full of historical monuments, and has a rich cultural life.

13. Placencia, Belize

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This Caribbean beach resort is a retiree's dream. Who could afford the beach lifestyle back in the US on a budget of just $1500 a month?

In this scenario, retirees could live on their Social Security checks while allowing their retirement savings to grow elsewhere. Retirees in Placencia rave about its stunning beaches, proximity to nature, and the abundance of activities it offers.

12. Charlestown, St. Kitts and Nevis

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Retirees looking to enjoy high-quality living can explore the charming city of Charlestown without putting much stress on their wallets. Living in Charlestown is very affordable compared to the United States, and retirees can easily afford to live in luxury villas, condominiums, and even elite gated communities.

An amount of $2000 per month will be more than enough to spend your golden years in comfort, enjoying the measured rhythm of life on the island.

11. Brasov, Romania

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The picturesque European city of Brasov is a charming place for those who love history, elegance, and natural splendor. Living here can cost as little as $1100 per month, although many expats stick to a comfortable budget of $1600.

Situated in the Carpathian Mountains, the city offers a stunning combination of well-preserved Gothic architecture, vibrant culture and medieval charm.

10. Sofia, Bulgaria

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Many retirees do not reach their financial goals, but live the dream of the retirement they want. Countries like Bulgaria make these dreams a reality. Retiring in its capital, Sofia, is quite possible for $1500 a month.

This charming city combines centuries of history with modern sophistication, tempting retirees to make it their permanent home.

9. Granada, Nicaragua

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Situated on the shores of Lake Nicaragua, Granada is another place where $250 in savings will make you feel rich. This city has all the amenities and natural beauty to grab your attention.

Year-round sunshine, beautiful avenues and a vibrant culture make for a serene setting for retirees. There's a large expat community here, so you won't be bored on your own.

8. Cuenca, Ecuador

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Attention all history buffs: This UNESCO World Heritage Site is another great place to add to the list of places where you can retire on $250 and feel rich. From the Tomebamba Riverfront and artisan shops to the central square, Calderon Park, and the Pumapungo Museum and Archaeological Park, there’s plenty to keep history buffs entertained for a great time.

Situated in the Andes, you'll see breathtaking mountain beauty, yet the city has all the modern conveniences.

7. Liberia, Costa Rica

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Situated along the Liberia River, the city of the same name is an enticing combination of modern conveniences and charm. Called the gateway to the stunning province of Guanacaste, it offers retirees a warm tropical climate, abundant sunshine, access to beautiful beaches and lush national parks.

Liberia combines modern conveniences with a relaxed small-town atmosphere, a wide range of services, restaurants and cultural events. A single expat retiree can easily live on $1400 a month.

6. Tagaytay, Philippines

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Tagaytay is more than just a popular resort town known for its stunning scenery and cool climate. Situated on a ridge overlooking Taal Lake and a volcano, it offers an enticing combination of picturesque landscapes, charming parks, and a variety of restaurants serving local and international cuisine.

Monthly living expenses for a single expat are around $1300, while a one-bedroom apartment can be rented for $350 per month. For the average retiree, this amount can easily be covered by their Social Security check.

5. Johannesburg, South Africa

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Johannesburg has a unique vibrant energy that makes people want to settle here, especially in their golden years. The city is the epitome of urban sophistication, offering retirees a host of amenities including top-notch healthcare, shopping, dining and cultural attractions.

Retirees can enjoy outdoor adventures and encounters with wildlife, making their stay even more adventurous and exciting. A single retiree can live here for $1300 per month.

4. Hua Hin, Thailand

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Hua Hin, known as the Royal City of the East, is a stunning resort area where you can retire with $250 and feel rich. From beautiful beachfront homes and villas to summer palaces, Hua Hin offers retirees the luxury of choosing a retirement home that best suits their desires.

Its delightful combination of beaches, warm tropical climate and cultural festivals are all there to enjoy in your golden years. As a single expat retiree, expect to live comfortably here for $1000.

3. Pai, Thailand

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Pai is one of the best places to retire in Thailand. Situated in a valley on the banks of the Pai River, it offers retirees the opportunity to enjoy a charming and peaceful getaway in the mountains of northern Thailand.

Here you can take a break from the hustle and bustle of city life and enjoy all the local amenities, from hot springs and waterfalls to picturesque rice fields.

2. Cebu, Philippines

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Cebu is one of the cheapest places to retire abroad if you only speak English. As a major city, it offers retirees a combination of modern amenities and a rich cultural heritage. It has a variety of medical facilities, shopping malls, and a variety of restaurants, as well as historical sites and a vibrant cultural scene.

With a warm tropical climate and proximity to beautiful beaches and islands, Cebu City provides both urban comforts and access to stunning natural landscapes.

1. Langkawi, Malaysia

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This is the best place to retire with an income of $250 and feel wealthy. Even if you have no savings and want to live on social security, Langkawi will still allow you to be rich. A single expat retiree can live comfortably here for as little as $000 a month.

Majestic coastlines, abundant natural beauty and duty-free status make this city a versatile retirement destination for those with little savings.

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