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URL:  http://boards.fool.com/where-to-retire-cheap-30305355.aspx

Subject:  Where to retire cheap Date:  10/7/2012  1:40 PM
Author:  fleg9bo Number:  647531 of 794891

Forget Panama -- too hot. How about Cuenca, Ecuador?

http://finance.yahoo.com/news/2-places-retire-well-small-191...

When considering the world's best options for where to retire well on a very limited retirement budget, two cities jump out immediately: Cuenca, Ecuador, and Granada, Nicaragua. [No! Granada is too hot!]

Both Cuenca and Granada are beautiful and authentic Spanish colonial cities, founded in the 1500s. In both cases the cost of living is about as low as you'll find anywhere. You can get by frugally on much less than $1,200 per month. In fact, it's possible to live in both of these interesting cities on a budget of as little as $800 or $900 per month. For a more comfortable lifestyle by North American standards, estimate around $1,500 a month or so... living in either Nicaragua or Ecuador, you'd also enjoy low levels of government intrusion, low taxes, and few rules and regulations.

Bo