An elderly man with $220,000 in savings and a monthly income of $3,800 is considering relocating to Colombia to live with his estranged wife. Expenses in Colombia are minimal, but he must weigh the financial and lifestyle impacts of the move, including healthcare and social circles.

As more retirees move overseas due to high living costs in the U.S., the man may find some relief in Colombia. However, language barriers and adjustments to a new country should be considered. A retired couple interviewed found a comfortable lifestyle in Colombia, with lower living expenses compared to California.

Monthly expenses in Colombia can range from $1,000 to $2,000, depending on location. Healthcare options include public and private plans, but preexisting conditions may affect coverage. The man is advised to visit Colombia for an extended period before making a permanent move to assess the lifestyle and adjustments.

Read more at Yahoo Finance: I’m 83 and will have $500K if I sell my house. My estranged wife wants me to join her in Colombia. Do I go?