5 Best Places To Retire in 2023

February 6, 2023

You’re never too young to think about retirement. Not only do we need to save and invest in our later years, but we also need to make plans beyond that. There are tons of things to consider, like where to live, whether to volunteer or do part-time work, and how you want to structure your life and medical insurance. There’s plenty of living to do after retirement, and plenty of awesome places to live your life in. Here are five of the best places in the world to retire in this year. Some locations just might surprise you.

1. Australia

Your quality of life in Australia is sure to exceed expectations. It’s one of the safest countries in the world, and it offers high quality, free and public healthcare for its citizens and permanent residents. No matter where you are from, you’ll find Luxury Retirement Villages are a great option for retirees on a fixed budget. And the land down under is well suited to an active lifestyle, and even promotes it.

2. Malta

The small Mediterranean islands of Malta offer a wonderful mixture of Eastern and Western culture. The year round mild and sunny climate is a big draw for those who choose this destination. And although it doesn’t have the cheapest cost of living, the advantages to Malta are not easy to ignore. This island nation has a five star healthcare system and is perfect for the retiree who wants to spend their time having fun and exploring the natural world.

3. Panama

This bridge between North and South America has been voted the number one place to retire for several years. It’s out of the hurricane belt but still offers a warm and tropical climate. The hospitals here are top tier, it’s safe and the people are wonderfully friendly. There’s plenty of modern cities, rural highland areas, cooler mountainous terrain and beach side communities. It’s a carbon negative country and it is home to expats from all over the world.

4. Spain

Most retirees will find the beaches, laid back attitude and low cost of living very attractive. There’s a lot of old world charm and history in Spain, whether you choose the more mountainous regions or a major city. There’s a lot of culture to take in and no shortage of beautiful sights to see. The healthcare in Spain is very good and it is a favorite retiree destination for a lot of European expats.

5. Mexico

Just south of the United States of America border is Mexico. This wonderfully culture rich country is a favorite for retirees and working expats alike in North America. It’s an affordable country with an agreeable climate and excellent healthcare. A meager $2,000 a month can allow a retiree to live quite comfortably. Housing, transportation and groceries. Another reason Mexico is a great option is that its visa and residency process is very simple as long as you meet the criteria.

Retiring is definitely something to look forward to. And if you plan carefully you can find yourself in one of these excellent destinations. Before making your choice, be sure to visit a couple of times and really experience what it’s like to live as a local and not a tourist. Make sure that you find a community you feel comfortable and safe in, and make strong connections that will be able to help you with your transition. Retired life is looking mighty bright.


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I believe in making the impossible possible because there’s no fun in giving up. Travel, design, fashion and current trends in the field of industrial construction are topics that I enjoy writing about.

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