5 Cheapest and Safest Countries to Retire In

2. Mongolia

Insider Monkey Score: 105

Untouched natural landscapes, rich cultural heritage, and affordable costs of living make Mongolia an enjoyable destination for retirees. On average, living expenses are 55.4% lower than in the United States. The country ranks “high” in terms of peacefulness and enjoys one of the lowest crime rates in Asia as well. All in all, Mongolia is an ideal country to retire to, for those seeking peace and tranquility in their golden years.