Looking for a place to retire with little more thana Social Security check?

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“If you’re living on $3,000 in the United States and ifyou could have [the same standard of living] and move somewhere andhave it cost $1,500 a month – you’ve just doubled your money,” DanPrescher, a senior editor at InternationalLiving.com, told BenefitsPro's sister site ThinkAdvisor via phone from his home in Ecuador.Adding, “And there are a lot of places like that around theworld.”

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Read: Top 10 best states to retire

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For example, Southeast Asia in general is very affordable,Prescher said.

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“Vietnam, Cambodia, Thailand and Malaysia are all veryaffordable from a [U.S.] point of view,” he said. “The cost ofliving is just a lot less. It’s all relative."

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International Living’s 2016 Annual Global Retirement Index scores arebased on the informed judgment and real-world experience ofin-country expats, in addition to hard data, including the cost ofreal estate and medical procedures. The publication uses itsextensive network of editors, correspondents, contributors andcontacts based around the world to amass the information, data andinsights it uses for the annual global retirement index.

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Read: Think what you could do with half a milliondollars in retirement

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Prescher stressed that there is more to take into considerationthan just cost of living. He said retirees should write down allthe things they can’t live without before determining theirretirement location.

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However, if affordability is high on retirees’ list, then thesesix places are worth taking a look at:

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Dancers perform at a festival in Pujili, Ecuador. (Photo: AP)

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6. Ecuador

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Cost of living score: 90

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Cost of living for two people: $1,500 to $1,700per month

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A lifestyle that would cost $5,000 a month in Nebraska or $9,000a month in New York would only cost retirees about $1,595 or less per month in Ecuador, according toInternational Living.

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Prescher and his wife currently live in Ecuador for about $1,500a month, he said. When the pair lived in Omaha, Nebraska, theywould often pay $250 to $300 a month for heating andair-conditioning. In Ecuador, the climate requires neither.

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They also own their own condo, which helps keep costs low.

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“Our only carrying cost is about $60 per year in propertytaxes,” he told ThinkAdvisor.

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According to International Living, a rental of a luxury three-bedroom, unfurnishedapartment in Cuenca would cost around $500 a month.

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Antigua, Guatemala

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5. Guatemala

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Cost of living score: 91

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Cost of living for two people: $1,500 permonth

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According to International Living, a couple can comfortably callGuatemala home for $1,500 a month or less.

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While Guatemala is not as developed as other places in CentralAmerica, such as Panama or Costa Rica, International Living saysthe warm weather and cheap, farm-fresh produce make it easy toenjoy a healthy retirement year round.

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Rents within the city limits run anywhere from $200 a month fora small one-bedroom apartment to $700 a month for a fullyfurnished, restored colonial house, according to InternationalLiving.

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Land is also very affordable, according to expats who live inGuatemala.

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Lots large enough to build a home along the river could costabout $7,000, whereas properties on higher ground could costbetween $30,000 and $40,000.

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Modern Square in Medellin, Colombia.

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4. Colombia

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Cost of living score: 92

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Cost of living for two people: $1,200 to $1,700per month

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Expats have told International Living that the daily cost ofliving in Columbia is significantly lower than in most U.S.cities.

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A total month of groceries for a couple can cost less than $100.For couples that eat out, lunch costs $3 to $5 and a three-coursedinner typically costs $10 to $20.

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International Living says couples who are renting an unfurnishedapartment should expect to pay around $1,700 per month or less.Depending on the size of apartment, rents can range from $800 to aslow as $430. For retirees that own their own property, living inColombia will cost even less.

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Inca trail in Cuzco, Peru. (Photo: AP)

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3. Peru

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Cost of living score: 95

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Cost of living for two people: $1,000 to $1,200a month

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Another affordable option is Peru, a South American expat haven on the rise.International Living finds that expat couples can live comfortablyin Peru for $1,000 to $1,200 a month.

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According to International Living’s David Hammond, Peru is themost affordable country in Latin America.

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“Of all the many places I’ve visited in Latin America, Peru hasby far the most affordable cost of living,” Hammond told the publication. “A couplecan live in a city that has it all for $1,000, including rent.”

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According to International Living, renting a two- orthree-bedroom apartment with a terrace in Peru can cost around $335a month, not including utilities like water ($10), electricity(around $27), and cable and internet ($50 combined).

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Meanwhile, expats say groceries at the local supermarket willcost around $100 a month and eating out will cost between $5 and$15 for anything from Japanese sushi to Spanish tapas.

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Granada Square in Nicaragua.

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2. Nicaragua

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Cost of living score: 98

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Cost of living for two people: $1,200 permonth

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Coming in second place, with a cost of living score of 98,Nicaragua is also among the most affordable countries.

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According to International Living, a retired couple can live agreat retirement for $1,200 a month. This includes renting within ashort walk of stunning Pacific beaches for only $400 a month andeating out for less than $10 per dish.

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The cost of living is 60% lower than in the U.S., according to International Living data from2013.

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Bayon Temple in Angkor Wat, Cambodia.

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1. Cambodia

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Cost of living score: 100

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Cost of living for two people: $1,000 to $1,500per month

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Of all the countries in the 2016 Annual Global Retirement Index,Cambodia had the lowest cost of living. Most expats can livecomfortably on a budget of around $1,200 to $1,500 a month,according to International Living.

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According to expats that live in Cambodia, apartment rentals innice areas are available for $350 a month or as little as $120 amonth. Food is also very cheap. A restaurant meal can cost $2.50 to$15.

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A new report about retiring in Cambodia explores howSan Diego native Tom Richter lives comfortably on his SocialSecurity check.

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“My check from Social Security comes to just over $1,000 permonth,” Richter told International Living. “But in Phnom Penhthat’s a sizable amount, considering the average local salary isaround $150 to $200 per month.”

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While the cost of living is low, Prescher told ThinkAdvisor thatlanguage can be a barrier for expats, as well as the distance fromthe U.S.

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