Have you ever fantasized about quitting your job and moving to a place where it’s so affordable that you don’t need to work? Or perhaps you just want to move out of the U.S. to live out your dream life overseas. For eight years now, I have been reporting on the most affordable countries to live around the globe. Previous reports from 2023 , 2022 , 2021 , 2020 , 2019 , 2018 , and 2017 have showcased a variety of destinations where living costs are just a fraction of what they are in the United States. For 2024, I have once again turned to the experts at International Living, which just released its Annual Global Retirement Index , ranking the top places to retire around the globe—affordably. An aerial view of the Algarve region of Portugal—one of the best places to quit your job and live … [+] But make no mistake—this list isn’t exclusive to retirees. It’s perfect for anyone seeking a more affordable way of life or those wishing to escape the daily grind, societal pressures and political strife of living in the U.S. These are countries where the cost of living is so low that the need to work could become a choice rather than a necessity. “Retiring abroad is easier and more affordable than ever before,” Jennifer Stevens, executive editor of International Living, told me in an interview. “This Global Retirement Index makes for an excellent jumping-off point for folks who want to compare and contrast their best options and narrow down the spots where they should be looking.” Jumping into a swimming pool overlooking the Pacific Ocean in Costa Rica—the best place to quit your … [+] Passport: Explore the finest destinations and experiences around the world in the Forbes Passport newsletter. By […]
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