← Retire abroad by region

Retire in Latin America: How Much You Need

from $22,000/yr
a comfortable life in Medellin, the cheapest of 7 Latin America cities — a $550,000 portfolio at 4%

Close to US time zones and often visa-friendly, Latin America pairs a low cost of living with warm weather from Mexico down to the Southern Cone. Here's the estimated comfortable cost of living for one person (rent included) in each Latin America city we track, with the portfolio it would take to cover it at a 4% withdrawal rate:

CityComfortable cost / yrPortfolio needed (4%)
Medellin Colombia$22,000$550,000
Buenos Aires Argentina$24,000$600,000
Playa del Carmen Mexico$26,000$650,000
Mexico City Mexico$28,000$700,000
Santiago Chile$30,000$750,000
San Jose Costa Rica$32,000$800,000
Panama City Panama$34,000$850,000

A lean budget runs roughly a third less than the comfortable figures above, and a couple sharing a home costs less than two singles — both can move these numbers a lot.

Match it to your portfolio

Enter what you've saved and see every Latin America city — and the rest of the world — you can already afford:

Open the Portfolio Atlas → Years to FIRE →

See more: all retirement & investing calculators.