Cost of Living in Vietnam

Vietnam is an inexpensive country to live in. Most items cost less than half of what you would pay in the West, and anywhere from 5% to 25% less than what they would cost in many other Southeast Asian countries. Vietnam’s most expensive city is Ho Chi Minh City, followed by Hanoi. Even in these two places, a couple can enjoy a comfortable, middle-class lifestyle for less than $1,100 per month. Many Westerners who live in Hanoi and Ho Chi Minh City get by spending around $500 per month, but it’s a no-frills lifestyle. A monthly budget of around $4,000 provides for top-end luxury, including a large, furnished home with a view of a lake or park, eating at 5-star restaurants, and taking frequent cruises and sightseeing trips throughout Vietnam.

Retire in Ecuador

If you retire in Ecuador, every cliché you've heard about living large on little money--about settling into the lap of luxury on even a pensioner's budget--is true. This is one of the world's most affordable places to live. Take $450 out of the ATM Monday morning, and your expenses are covered for the week.

Which of These 9 Retirement Personality Types Are You?

I guess you would classify me as the "tirelessly moving, globetrotting workhorse." That's my takeaway from a recent story in Kiplinger magazine by a financial adviser and investment educator that categorizes retirees into nine buckets: Tireless Mover, the Lost, Workhorse, the Lonely, Globetrotter, Reluctant Spender, Superhero, Overly Generous, and Never Retired.