20 Cheapest Countries to Retire in the World

Retirement doesn’t have to mean financial stress. Explore the most budget-friendly countries to retire in our comprehensive guide, and start planning for a worry-free future. From tropical paradises to historic cities, find out where you can retire without breaking the bank.

06. Malaysia

cheapest countries to retire
Kuala Lumpur, Malaysia / @MasterLu / Getty Images

Malaysia, a hidden gem among the world’s cheapest countries to retire, paints a vibrant and cost-friendly backdrop for your golden years.

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Imagine a retirement where your wallet breathes easy: the cost of living here averages a mere 1,500 to 2,500 Malaysian Ringgit monthly (approximately $350 to $600).

Yet, Malaysia’s allure doesn’t stop at affordability. Picture yourself strolling along sandy shores kissed by the azure sea, and being very happy!