If you want to retire abroad, you need to choose a place where there is a low cost of living. For example, if you are form Europe or North America, Vietnam or Bali can be a good place to retire as you can love a modest life with a $2k monthly budget. Retiring in foreign country requires you to develop specific plans, understand financial minimalism (living at the lowest cost) and leverage the power of compounding (growing income and wealth over time).