Panama

A retiree has it pretty sweet in Panama, where a program commonly known as pensionado help retirees settle in quickly. International Living says retirees can live like kings here for $1,500 to $2,000 a month and score apartments for less than $500 a month or buy waterfront condos for less than $200,000. Pensionado, meanwhile, gives users 15% off fast food, 15% off at hospitals and clinics, 20% off professional services used in Panama, 25% off the price of food eaten in a sit-down restaurant; 25% off domestic flights on Copa Airlines, a 30% discount on public transport and 50% off movies, theater tickets and sporting events. There's no age limit for the service, either, so help yourself.

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