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Here's a piece by CNBC that says one way to finance your golden years is to retire abroad.

In the piece they list the "world's best places to retire" from International Living as:

10. Malta
9. Portugal
8. Nicaragua
7. Spain
6. Malaysia
5. Colombia
4. Costa Rica
3. Ecuador
2. Panama
1. Mexico

Ok, I see what they mean -- or at least I think I do. I believe they are saying the "world's best places to retire based on cost."

Because otherwise, I'm not sure many people would list these ten as the literal "best" places to retire.

For me, eight of the best ten would be in the Caribbean, one would be in Hawaii, and one in Europe somewhere.

Here's a video from Dave Ramsey detailing the story of a millionaire who never had a large salary.

The overview:

Jason averaged around $70,000 a year while serving 31 years in the military, and has now built a $2 million net worth.

His keys to success:

A bazillion years after the rest of us knew that index funds were awesome, the popular podcast Freakonomics discovered the same thing.

I want to share a few highlights from their show. Let's begin with the active management versus index funds argument:

Many investors pay firms to manage their money — sometimes a percentage of assets, sometimes a flat fee. In return, you may get a variety of services — including advice about insurance or taxes. And, of course, investment advice: how best to save for a house, or your kids’ tuition, or retirement, whatever. Why pay someone for that advice? Because, let’s face it, investing can be confusing, and intimidating. All that terminology; all those options.

This post is written by Chelsea, an investment professional and personal finance nerd who founded the personal finance blog Mama Fish Saves. Over at Mama Fish Saves Chelsea aims to provide families with the simple answers to all the money questions they didn’t learn in school, including the basics of budgeting, investing, increasing income, and raising financially smart kids!

Busy has become a lifestyle. A false virtue synonymous with important and valued. It’s invaded our workspaces, our homes, and our relationships by making every moment that isn’t multi-tasked somehow unproductive. The answer to, “How are you doing?” has not so subtly shifted from, “Doing well, thanks, how are you?” to “Oh man, I am so busy!”