Retire: Roatan, Honduras. The climate is at an average of 81°, with January being the coldest month and August the hottest and lies in the hurricane belt. Honduras ranks tenth on the Global Retirement Index for cost of living, but fourth for real estate. A retired American couple can live comfortably on 1200 a month. Life's a beach. Roatan is home to the world's second longest coral reef, warm ocean waters and long strands of white sand.