20 Places Where You Can Retire With $150K

Belize

Belize keeps growing in popularity due to its affordability, gorgeous beaches and nature preserves and its bilingual nature. English is its most widely used language, Spanish, its second.

Its most popular areas include the island of Ambergris Caye and the 19-mile long Placencia Peninsula. Even its white sands and blue waves boast rents as low as $700 a month. Avoid high crime areas like border towns, Belize City and isolated areas.

Health care in Belize does not deal well with serious health concerns. You’ll need to visit Costa Rica, Nicaragua or Mexico if you develop a serious illness.

You’ll need to visit Belize and remain there for 50 consecutive weeks before you can apply for residency which costs $1,000. You’ll have to prove you can transfer $24,000 into a Belize bank account annually. Belize like for the funds to come from a combination of pension plan, Social Security and 401(k) or IRA.