A couple that retired early abroad share 4 strategies that allow them to live and travel on a $2,500-a-month budget

• Edd and Cynthia Staton manage to travel the world on their Social Security income.
• They spend just $2,500 a month living in countries like Portugal, France, Colombia, and Argentina.
• Their money-saving hacks include living outside of the city center and applying “geo arbitrage.”

When the Great Recession of 2008 wiped Edd and Cynthia Staton out financially, their retirement plan “disappeared,” the couple told Insider.