Top 10 Cities for 50-Year Old People With No Retirement Savings

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2. Timișoara, Romania

Cost of Living: $762

Timișoara, Romania is one of the cheapest places to retire if you have little to no retirement savings. It is widely known for its Secessionist architecture, historical landmarks, and similar cultural amenities. The city of flowers, also known as Little Vienna, offers numerous parks, lush greenery, and well-developed public transportation for retirees. The decent healthcare, moderate climate, and expanding expats community are a plus.

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