Retirement can be a great time to travel the world if you didn't have the opportunity when you were younger. Some people even choose to live abroad, either to better immerse themselves in other cultures or to save on the cost of living. There are a lot of upsides to retiring outside the U.S., but it brings some unique challenges too.

A lot of seniors may wonder whether they'll still be able to receive Social Security benefits if they retire abroad. Fortunately, the answer is often yes, but it depends on a few factors, like where you retire to and your U.S. citizenship status. Here's what you need to know.

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Source Fool.com