The best part of planning for retirement is imagining yourself in your new lifestyle — Including having the freedom to travel.
By Rick Pendykoski
According to the 19th Annual Transamerica Retirement Survey, two-thirds of American workers spend heavily on travel in their first year of retirement. Many plan to travel abroad, while others may want to retire overseas. (Take a look at this abroad retirement checklist to see if the expat life is financially right for you.)
But even if you come up short on that checklist, you can still travel affordably in retirement. The key is proper planning. Here is a seven-step guide to follow:
Set Your Goals & Make a Bucket List
Spend some time thinking about your retirement goals. Those who plan for retirement are more likely to find a happy retired life than those who don’t.
Get into as many details as possible, and list the… Continue reading
I know I am. And it appears from the graphic below that most other Americans are as well, though caution still prevails among some — and I can’t blame anyone for that.
After conducting a survey on travel sentiment earlier this year, IPX1031 re-visited the topic six months later to see how feelings toward travel have changed now that vaccines have been rolled out and many restrictions have been lifted across the country.
Here are the highlights of the survey findings:
- 85% of respondents are optimistic about traveling in 2021 (up from 48% in January 2021).
- 75% plan to travel in 2021 (up from 58% in January 2021).
- Among that 75% who plan to vacation this year, 71% plan to travel within the U.S.
- 55% have already booked their trips.
- 71% of respondents feel safe flying right now (up from 48% in January 2021).
- 59% of respondents have budgeted… Continue reading
Note: This story was originally written and published at Thrifty Traveler, a flight deal and travel website. It has been republished here with their permission. You can read the original story on the Flight First Rule on their website.
By Kyle Potter
Most travelers follow a similar script when planning any trip: Set the dates, pick a spot, book a hotel, book a flight, and go.
You’re doing it wrong: That’s a recipe to pay too much for flights almost every single time. But four simple words could help you significantly cut the cost of airfare every time you fly. And no, it’s not by clearing your cookies or booking flights on a Tuesday. This is even bigger than that.
We call it The Flight First Rule. And it’s exactly what it sounds like.
Instead of deciding on the dates of your trip before booking your flights,… Continue reading
With the European Union announcement that fully vaccinated travelers should be able to fly to Europe at some point this summer, sufficiently jabbed baby boomers can take advantage of some truly exceptional airfares currently being offered to the Continent.
There are also some lower-than-low airfares to Asia, Latin America, the Caribbean, and within the U.S. Some are almost mind-boggling.
But you have to know where to look — and just as important, when to look.
That’s where the website ThriftyTraveler.com comes in.
By subscribing to its Premium service, you’ll get email notifications of hot airfare deals around the globe within minutes from the time they appear — which is good, because some of these deals disappear within a matter of hours. Thrifty Traveler considers a fare worth writing about if it’s $250 or more off… Continue reading
One of the most common questions I’m asked about travel is “How can I afford it?”
You can certainly look for the cheapest plane or cruise tix and the best values in tours, hotels or restaurants. But you can also try setting up a budget geared toward your finances so that your overall expenses don’t swamp your ability to experience those trips you’ve always wanted to take.
Financial blogger Eric Rosenberg, who writes for the website Earnin, where a modified version of this article originally appeared, takes you through the steps you’ll need to set up the kind of budget that’s right for you.
Yes, it can sound like a bit of a drag, but today’s software makes budgeting easier — and you may find yourself in some exotic land (or wherever your desires take you) sooner… Continue reading
As the travel industry, beset by COVID-19 restrictions, tries to dig itself out of its gravest crisis since World War II, creativity and flexibility in pricing and timing will be key.
Airlines and cruise lines — two of the hardest-hit industry segments — are trying to lure back potential present and future customers by dropping a variety of fees and allowing for late ticket changes and cancellations, among other incentives.
Now the innovative website Travelstride (formerly StrideTravel) has launched FlexiPass by Travelstride, an industry-first travel pass that can be used for an exciting array of tours for 2021 through 2023. And it comes just in time for holiday gift-giving — but don’t delay: sales end soon.
Travelstride — a U.S.-based marketplace specializing in offering multi-day, multi-destination, expertly planned guided and self-guided trips — has partnered with 23 top global tour operators who will accept the passes.
Travelers can choose… Continue reading
I first wrote about medical tourism back in 2013, when it was starting to flourish as a means of saving money on medical care. The premise was that by traveling to other countries — such as India, Mexico, Thailand and others — Americans could receive hip replacements, cardiac surgeries, dental work and other procedures at considerably lower costs than in the U.S.
Then along came COVID-19, with travel to many countries banned or severely restricted. Medical tourism has been one more viral victim.
Today’s guest post, by writer Charlie Fletcher, offers a rundown on the current state of medical tourism — as well as some shoots of hope for the future as the world’s health care and tourism fields struggle to adapt.
By Charlie Fletcher
Medical tourism — the practice of traveling to other countries for affordable medical treatments — had grown increasingly popular among Americans in recent years. Until,… Continue reading
Today’s timely guest post is from Medicare expert Christian Worstell, who gives an update on how Medicare changes in 2021 can benefit American travelers — assuming we get the opportunity.
It all starts with the distribution of safe, effective vaccines, which could be available soon. And for Medicare recipients, as Christian points out, they’ll be free — just one of several upcoming perks. Here’s the latest:
By Christian Worstell
After a year of isolating at home and waiting out the COVID-19 pandemic, surveys show that once it’s safe, American baby boomers are eager to hit the road and travel again in 2021.
And as they do every year at this time, Medicare-eligible boomers are looking ahead to any changes in their Medicare benefits for the upcoming year.
So, what does one… Continue reading
Thinking of retiring or moving overseas? It’s a huge step, but one that has been successfully negotiated by many expats searching for mild climates, lower costs, and simple changes of pace and cultural experiences.
The editors of International Living have compiled a list of five good-value countries that currently accept American travelers — and might make good retirement havens to boot. They also suggest specific locations/cities that welcome retirees.
Of course, it’s wise to do a number of scouting expeditions first. If you’re serious about relocating, they’re a must. But even if you’re “just browsing” and not buying, you’ll at least have a chance for a nice vacation.
As the editors stress, the current COVID situation is volatile and situations can change, so before buying your tickets be sure to check the websites of the U.S. State Department and the other countries’… Continue reading
Here’s Part 3 of the Travel Like a Pro Summit, with links to the interviews with a variety of travel writers and bloggers. My segment on tips for baby boomer travelers comes up at noon.
See Parts 1 and 2 of the Travel Like a Pro Summit here. If you’ve missed some or just want extra time to view or review the segments, consider buying one of the summit’s All-Access Passes, with details below.
Now here’s your host, Jerry Winans:
Today is the third day of the 3-day Travel Like a Pro Summit! Our presenters have lots of great info to share with you. That’s the goal: Equipping you to travel safely, affordably, and adventurously! Many of us are eager to get back out there, to see the world, but we know it’s best for now to stay home to safeguard our health and… Continue reading