With a new survey released from the Canadian Payroll Association comes wind that Canadians are doing a poor job of saving for their retirement. With that said, it could be time for Canadians to get creative when it comes to where they will actually enjoy the golden years of their life.
Feeling exotic or staying closer to home?
MoneySense took on the mission of finding 11 spots around the world where a couple or single person could retire for less than $30K per year. Surprisingly, you don’t have to leave Canada, though 10 out of the 11 spots are abroad. Not surprisingly, most of the locations don’t host harsh winters - bonus, bonus, bonus! But before your pack your bags, make sure you do your research when it comes to healthcare and taxes.
11 places to retire for $30K or less per year
4. Costa Rica