Retirement can be incredibly costly, especially in the United States. The median rent in the U.S. is just under $2,000 per month as of 2023, while the average Social Security benefit among retirees is only around $1,800 per month.

While retiring in a new country won't be the right solution for everyone, it can be a far more affordable option. But some places are more retiree-friendly than others, and moving anywhere requires loads of research.

These three countries are popular retirement destinations for a reason, and there are plenty of perks to calling one of these places home in your senior years.

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Source Fool.com