Retiring in America can be a financially painful activity. The cost of living there is high that you may not keep with it if you have not prepared for it well.If you are wary of your finances, the best way to reduce your retiring costs is to live abroad, where it is cheaper. One good destination would be Panama, where people still use the American dollar as their currency.
There are more reasons. Just check out this article to see the full details.
Link: Panama Investor Blog: The Motley Fool suggest retire for less in Panama