The World's Most Affordable Places to Retire

Americans who dream of a retirement filled with sandy beaches, temperate weather and colorful local life may have another thing coming.

That's because a new report from the National Institute on Retirement Security finds that 45 percent of working-age households have no retirement savings at all. The average figure for funds set aside by households nearing the end of their working lives was a meager $12,000. That's not enough to cover a single year.

Read More