POST 50
12/09/2012 07:54 am ET Updated Jan 23, 2013

Best Places To Retire Abroad: 12 Great International Locations To Call Home (PHOTOS)

These days, many post 50s are digging deep into their pockets and finding scant resources to fund the retirement they've always wanted, thanks to the one-two punch of the recession and a slow economic recovery. And so, with money getting tighter, a growing number of people are considering retirement havens overseas.

About 350,000 Americans are receiving their Social Security benefits outside the United States, and a reported 3.3 million baby boomers in the states are planning to retire abroad, Knowledge@Wharton reported. It makes sense -- many countries offer a low cost of living and high quality of life.

Here is a list of 12 places to retire abroad that offer post 50 expats affordable homes, an agreeable climate, rich food and culture -- or all of the above. Would you want to settle down in any one of these far-off lands? Tell us your thoughts in the comments section.

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BEFORE YOU GO
12 Great Places To Retire Abroad
PHOTO GALLERY
12 Great Places To Retire Abroad

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