The reality is more nuanced. Across the United States, millions of retirees are discovering that even with solid savings, pensions, or Social Security, rising costs have narrowed their choices. At the same time, others with far more modest incomes are finding fulfilling, stable retirements by redefining where and how they live.

For many Americans and Canadians, the question is no longer if they want to live abroad—but whether it’s financially possible without sacrificing quality of life. In 2026, Ecuador continues to stand out for one simple reason: your money still works for you. But can you truly live legally and comfortably on USD 1,500 per month?

There is an unspoken reality many retirees share: retirement in the U.S. has become expensive to the point of emotional strain. When a large portion of monthly income goes toward rent, insurance, and medical costs, the freedom retirement promises begins to shrink.