Q. My husband and I can't survive on our meager saving, small pensions and Social Security checks. I hear that many American seniors are going out of the country to live in real luxury. Is that a possibility? What do you know about this?
Ans. Some seniors are doing that. The 2010 Index of World's 25 Best Retirement Destinations by www.InternationalLiving.com tells us Ecuador is the #1 place with rents for luxury apartments at $300, and visits to beaches, rural highlands, jungle escapes and colonial cities there for the taking. You can find a four-course lunch for $2, a taxi ride in the capital, Quito, and $1 and a stay in a nice hotel for less than $20. You also may get a 30-minute massage for $15. Others listed as the world's top retirement havens on this year's Annual Retirement Index are Panama, Mexico, France and Italy. But you have to consider how you'll enjoy being so far from familiar surroundings, friends and family.