11/21/2013 09:36 am ET

Expat Elders: Where Americans Are Retiring Abroad

Caroline Warren via Getty Images

Feeling the economic pinch at home in the U.S., more older Americans are retiring abroad, hoping to live out their golden years at a lower cost in foreign countries both near and far. CNBC takes a look at a handful of the most popular retirement destinations outside U.S. borders—and some fallback options when things don't work out overseas.

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