5 Best Places to Retire in the World on Social Security

In this article, we will take a look at 5 best places to retire in the world on social security. If you want to look at more places and check out our detailed analysis of exhausting social security funds, go to 15 Best Places to Retire in the World on Social Security. 

5. Miraflores, Peru

Insider Monkey Score: 31

The upscale district of Lima province in Peru is one of the safest and most affordable places for retirees. Residents can expect to live comfortably at $1,500 a month and enjoy all the big-city amenities. Stunning landscapes, lush parks, and amazing restaurants are spread throughout the district and offer spectacular views. Residents can stroll down the Miraflores boardwalk, an elevated walkway on the cliffs overlooking the Pacific. Moreover, they can go swimming with the sea lions, enjoy shopping, or eat at the many fine dining restaurants. A number of international and local hospitals are also present.