One thing is you could go somewhere cheaper for your retirement. I am sure 1 million dollars would go a long way in one of the many tropical countries in America, Asia or Africa. I live in Honduras and have known quite a few foreigners who have decided to retire here because their money just goes much further. Of course this depends on what each individual has visualized they want for a retired life,
That is possible, but it is another choice to be away from family, isn't it? If I happen to have grandchildren, I would want to be where they are, but it isn't usually the way that my child could or would move to where I would be. It is an interesting choice to make though.