10 Stunning Places Where You Can Retire for as Little as $200K

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2. Thailand

Can you imagine what it’s like to retire somewhere like Thailand? You could forget about warm clothes altogether – Thailand’s hot season raises the thermometer up to 105F (40C) from March to May.

What is more, Thailand is widely known for its exceptional healthcare systems and you’ll find one of the best private hospitals in Bangkok.

Sounds like a far-fetched dream? Well, it’s actually more realistic than you’d think. Obviously, your living costs vary according to the area you choose. But ILM claims that you can enjoy a comfortable life with as little as $1,500 per month in Phuket.

A full Thai meal with beer costs less than $5 in Chiang Mai, and two portions of a Western dinner costs about $15.

Even though you’ll find a lot of people who speak English, make sure to learn a few essential Thai phrases. Especially if you’re planning to explore smaller towns and rural areas.