12 Best Countries To Live Perfectly Well on Social Security Alone

Ecuador

Another place where your Social Security can go far is Ecuador. From its warm, coastal weather to the more temperate climate near the Andes, Ecuador offers a lot of variety to those who enjoy different types of climate.

Apart from the geographical reasons, Ecuador offers middle-income retirees a chance to have a comfortable and even luxurious lifestyle, access to quality housing, world-class healthcare, hip restaurants, and vibrant cultural life.

According to International Living, a home or a condo can be purchased for less than $150,000 or a two-bedroom unit can be rented for around $500 per month. A retiring couple needs around $1,800 per month while a single person can enjoy a comfortable lifestyle for $1,400 per month. Did we mention that the U.S. dollar is the official currency in Ecuador?

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