Social Security can buy seniors luxury living in five overseas spots 

Advisors


Medelli­n is a cosmopolitan city with a neighborhood feel.

Set in the middle of the Andes Mountains, Colombia’s second-largest city is known as the City of Flowers. Medellin is always in bloom and offers high-end living for significantly less than it would cost in the U.S.

Aaron Brabham found exactly what he wanted. “I’m really a penthouse kind of guy,” he said. “I was looking to live in the lap of luxury for much less than I could back in the U.S.”

For less than $2,000 a month, Brabham rents a 1,625-square-foot, three-story penthouse apartment in the trendy, tranquil Provenza area, in the heart of upscale El Poblado. A deck with private Jacuzzi looks out over the city.

“The apartment came fully furnished, right down to the towels and silverware,” he said. “This apartment would rent for close to $10,000 a month in San Diego, California, or South Beach [in Miami Beach], Florida —and that’s if you could even find something like it.”

Brabham has a chef who prepares five meals each week. For $50 a week, the chef shops, comes to Brabham’s home to cook and cleans up after. A maid comes twice a week to clean, do laundry and ironing, and runs errands, for $15 per day.

A monthly budget for a couple runs between $1,394 and $1,994.



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