Make a budget.
Calculate the sum of your Social Security, pension income, and retirement savings. That monthly budget in mind, consider the world map. A bottom-line budget for retiring overseas in Ecuador, Nicaragua, Thailand, Panama, and Malaysia is about $700 a month. With a budget of $1,000 to $1,500 per month, your options expand to include Uruguay, Argentina, Mexico, Belize, or France. Income worth $2,000 per month or more puts the whole world at your feet.