Start Your Beachfront Retirement in 30 Towns Under $40,000 a Year

10. Lagos, Portugal

Lagos, Portugal, stands as a beloved vacation spot for Europeans, boasting a captivating oceanfront setting in the Algarve region and a delightful climate all year round. From mild winters at 52 degrees to pleasant summers reaching 75 degrees, it's perfect for leisurely strolls, particularly around the marina.

With Faro International Airport just an hour away, traveling to neighboring European countries or visiting loved ones is a breeze. While Portuguese is predominant, mingling with English-speaking expats is common among retirees.

With an average monthly budget of $2,080 for two people, retiring in Lagos is both accessible and offers connections to nearby Spanish retirement havens like Mallorca, along with culturally rich cities such as Madrid and Barcelona.