Top Destinations for Retirement

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Costa Rica might be a nice place to settle down in retirement.

As people get close to retirement age, the question of where to retire looms. With some luck and good planning, you can take care of your future. You can enjoy your golden years in a place where you can relax, stay active and enjoy life. Maybe taking off to Florida like generations of retirees have done isn't your cup of tea. Lots of other choices are among the top places to retire.

  1. Costa Rica

    • The rain forests, sandy beaches, crystal clear water and high quality of life in Costa Rica make this Central American destination a top place to retire. Surprisingly affordable housing and living costs make this a prime target for retirees looking to spend their retirement years in a tropical paradise. Costa Rica is the nation bordered by two oceans that will allow for an affordable retirement with a laid-back lifestyle.

    Ecuador

    • You might not have thought about Ecuador as your retirement destination, but maybe you should. Reuters reports that Ecuador topped the list of top retirement havens in the International Living magazine 2009 survey -- with good reason. Stretching retirement savings as long as possible is a priority for many retirees, and in a tropical country where you can rent a condo for $300 a month -- Ecuador might be just the ticket. Seniors will enjoy the beaches of Ecuador, as well as the shopping opportunities, hiking in the cloud forests and taking trips to the Galapagos Islands.

    Palm Jumeirah

    • The small nation of Dubai attracts those with fat retirement accounts to relax in the luxurious condos and homes in the desert by the sea. Palm Jumeirah is a man-made island shaped like a palm tree that grows off the mainland in Dubai. Homes line the fronds of the palm and the islands that encircle the design. Among the homes here are world-class marinas filled with multimillion dollar yachts. There is endless sunshine and warmth as well as a constant view of the ocean and sea life that almost lives in your front lawn. Best Retirement Destinations website ranked Palm Jumeirah as the top retirement destination in the world, but it comes with a high cost.

    Home

    • Many retirees choose to abandon the idea of resettling in a retirement community in some hot spot on the map and instead remain close to loved ones in their homes. In 2000, more than 90 percent of people aged 60 and over stayed put, with less than 10 percent moving a significant distance from home, according to the CNBC website. Retirees might remain in their homes because of proximity to family, increased amenities in more home towns and financial necessity.

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  • Photo Credit Costa Rica Countryside image by oddzen89 from Fotolia.com

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