Retiring on $1,500 a month is possible, but only if your expectations are realistic. In most cases, this budget works if you’re renting a small apartment in a low-cost area where health care, transportation, and housing are significantly more affordable than the norm.
To see which places might fit this retirement plan, I asked ChatGPT. Its answers leaned heavily toward smaller Midwestern U.S. cities with low rents, as well as a handful of international destinations where costs fall below U.S. averages.
Here are the 11 entries the AI came up with, and my opinion on how they stack up…