As more Americans contemplate relocating abroad, particularly retirees, many are considering how to live comfortably on Social Security benefits. In 2026, the average monthly Social Security benefit is expected to be $2,071, with higher earners receiving up to $5,181 per month if they delay retirement until age 70. Living with family can help reduce costs, but individuals must carefully evaluate potential expenses in their chosen country. Affordable destinations include Panama, where living costs range from $1,500 to $2,000 per month, and Belize, where couples can live on less than $2,000 monthly. Portugal also offers options, with smaller towns costing between $1,600 and $2,200 per month. Other affordable countries include Thailand, Vietnam, Mexico, and various Latin American nations. Prospective expatriates should conduct thorough research on living costs, visa requirements, and the ability to receive Social Security payments in their new country.