Duong Van Chat, 92, waits to play croquet in Hanoi's Soc Son district in October 2019. Photo: Manan Vatsyayana/AFP via Getty Images

Some American baby boomers are retiring to Vietnam to take advantage of the lower cost of living and affordable health care, the Los Angeles Times reports.

The big picture: Just over 420,000 retired American workers live in foreign countries, according to the latest data from the Social Security Administration. That number is small compared to most of the U.S. but marks a higher concentration than dozens of large states.

  • Roughly 400 retired American workers currently live in Vietnam, according to the SSA.
  • U.S. soldiers who served in the Vietnam War are also retiring to the country.

Cambodia and Sri Lanka are also working to entice U.S. retirees, per the Times. Sri Lanka distributes renewable two-year visas to retirees that can support themselves, and both countries offer low housing costs.

The bottom line: The majority of retired American workers living abroad are putting down roots in Europe, per SSA data. Retirees living in Canada and Mexico come in second place, followed by Asian countries.

Go deeper: Retirement becomes more myth than reality

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Americans reflect on Independence Day amid racism reckoning

A Black Lives Matter banner and a United States flag on the facade of the U.S. embassy building in Seoul, South Korea. Photo: Simon Shin/SOPA Images/LightRocket via Getty Images

America's leaders are rethinking how they view Independence Day, as the country reckons with the historic, unequal treatment of people of color during a pandemic which has disproportionately affected nonwhite Americans.

Why it matters: The country’s legacy of racism has come into sharp focus in the weeks of protests following the death of George Floyd while in Minneapolis police custody. From Confederate statues to Mount Rushmore, Americans are reexamining the symbols and traditions they elevate and the history behind them.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

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  2. U.S.: Total confirmed cases as of 2 p.m. ET: 2,767,669 — Total deaths: 128,951 — Total recoveries: 781,970 — Total tested: 33,462,181Map.
  3. Public health: The states where face coverings are mandatory Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  5. States: Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.
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Washington Redskins to review team name amid public pressure

Photo: Patrick McDermott/Getty Images

The Washington Redskins have announced they will be conducting a review of the team's name after mounting pressure from the public and corporate sponsors.

Why it matters: This review is the first formal step the Redskins are taking since the debate surrounding the name first began. It comes after weeks of discussions between the team and the NFL, the team said.