The answer is yes...with a bit a caveat...you do need some money to get started...but not much.
Here is a pretty scary article from CNBC but there are articles like this everyday worrying seniors about how much money they will need to retire...
https://www.cnbc.com/2024/01/15/how-much-money-you-need-to-retire-in-every-us-state.html
God Bless, International Living and sites like Extended Stay Colombia which are telling folks they can retire for much less...in fact, if they have Social Security they can live BIG in Colombia starting today !
So how much do you need to retire in Colombia ?
It's NOT a million dollars or anything close to that ...
Here is an excellent unbiased article from International Living...
https://www.travelandleisure.com/colombia-most-affordable-place-to-retire-in-2024-8422820