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8 Countries Where $200K in Retirement Savings Will Last 30 Years

Investopedia Logo By Investopedia Staff of Investopedia | Slide 1 of 8: Ecuador

Ecuador

Monthly expenses for a couple including rent : $1484

Expatriates flock to Ecuador because of its gorgeous landscape, superior healthcare system and the generous government benefits extended to retirees, including discounts on utilities and public transportation. Housing is a steal in the capital city of Quito, with the monthly rent for a furnished, 900-square-foot apartment start at just $538. Utilities run $53 a month on average. Overall, Ecuador has a cost of living that's 58% cheaper than New York City

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