Where can you retire with 30k?

Here are five places where the cost of living is low — really low. ... Here's where you can retire nicely on just $30,000 a year ... outside the US Puerto Viejo, Costa Rica. ... Lagos, Portugal. ... Akumal, Mexico. ... Volcan, Panama. ... Medellin, Colombia.

cnbc.com - You can retire to these places for less than $30,000 a year - CNBC

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If you've been racking your brain about where to retire on a budget, it might be time to think outside the U.S. A report by International Living, which publishes information about living overseas, lists destinations where you can coast through retirement on less than $30,000 a year. To be sure, retiring in a new country will require studying up on tax implications, along with pulling off some other logistical maneuvering.

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Yet for many older Americans, the work will be well worth finding a new, affordable place to spend their golden years. The average monthly Social Security check is $1,404, and more than 40% of single adults receive more than 90% of their income from that check, according to the government. Here are the international cities where that check will go far, according to International Living.

1. Puerto Viejo, Costa Rica

Puerto Viejo in Limon, Costa Rica. F.J. Jiménez | Moment | Getty Images A couple can live comfortably in this coastal town on the Caribbean Sea for just $2,025 a month, or $24,300 a year, according to International Living. You'll find warm weather, beaches, and Italian, Argentinian and French restaurants.

2. Lagos, Portugal

Couples can live in this town in southern Portugal for $2,080 a month, or $24,960 a year, according to International Living. Lagos, on the Atlantic and boasting with moderate climate year-round, is great for retirees who want to live near the ocean. Transportation options abound and the city is fairly flat, making it great for walking, too.

3. Akumal, Mexico

Couples can retire in this tropical town south of Cancun for $2,240 a month, or $26,880 a year, according to International Living. "Famously known for its spectacular clear bay filled with sea turtles, Akumal has matured from a secretive destination for divers to a growing tourist hotspot," the overseas retirement site says of the town, which lies between resorts Playa del Carmen and Tulum on Mexico's Caribbean coast.

4. Volcan, Panama

Volcan will cost couples around $1,500 a month, or $18,000 a year, in living expenses. This inland town lies in the middle of a farming community in a valley, and has a population around 14,000. You'll need to speak some Spanish to be able to communicate with locals and do business, according to International Living.

5. Medellin, Colombia

The skyline of Medellin, Colombia at sunset brendanvanson | iStock | Getty Images

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Is there a rare 1998 penny?

Copper Plated Zinc Penny The US Mint produced two major varieties of the 1998 Lincoln Memorial Cent (Penny). The most common variety for the Philadelphia-minted 1998 is the close ""AM"" variety. Although the one shown above is the rarer wide ""AM"" variety for this year and mint.

usacoinbook.com - 1998 Lincoln Memorial Penny Wide AM Coin Value Prices, Photos & Info

Mintage: N/A

Minted at: (no mint mark) Philadelphia (no mint mark)

Designer - Engraver: Frank Gasparro

Metal Composition: 97.5% Zinc - 2.5% Copper after 1982

Diameter: 19 mm

Mass / Weight: 2.5 grams

Show people this coin:

The US Mint produced two major varieties of the 1998 Lincoln Memorial Cent (Penny). The most common variety for the Philadelphia-minted 1998 is the close "AM" variety. Although the one shown above is the rarer wide "AM" variety for this year and mint.In the word "AMERICA" on the reverse of the coin: The close "AM" meant that the letters "A" and "M" were very close and almost touching while the wide "AM" had the two letters separated much more. In Addition: The initials "FG" was closer to the Lincoln Memorial Building on the wide "AM" variety and it was further away on the close "AM" variety. The difference between the close "AM" and wide "AM" varieties are shown in the example image below. Click the image to enlarge:

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