Originally Posted by Unregistered

You must ask yourself why this is still a "secret". Ask why is it not happening in a big way, i.e. Why not many retirees are choosing this option of retiring in those places.

At the end of the day, it is not just about the cost. There is a trade off to live in lower cost countries - familiarity, family & friends, safety, convenience, food, medical, culture and language. For many people, the trade offs are not worth the savings. Some more, at 65, you may just want to settle with familiar surroundings, the convenience and efficiency that is Singapore.

Ironically, those who bought houses in other countries are the richer Singaporeans who treat their overseas homes as holiday homes. And another irony is that as people age, they desire to live and eventually die at home. My uncle who has lived and worked in Australia for more than 20 years has decided to return to Singapore for good at the age of 65.