If you are thinking about where you might like to retire and want an area with four seasons and beaches, then the Jersey Shore is a great option. One word of caution: New Jersey taxes are high, so you'll have to factor that in. Also, if you hail from other parts of the U.S., you may find the prices in the northeast a little hard to swallow.
For the potential retiree, Panama offers big and unequaled advantages. There's warm weather year-round and lots of sunshine; a low cost of living that gets lower the farther you travel outside Panama City; and a foreign-resident-friendly tax system, meaning it's possible to live and do business here 100 percent Panama tax-free.