Louie Valdez of California is a wealth management specialist who focuses on retirement planning helping clients navigate how to save for their golden years, yet also enjoy them. In the following article, Louie Valdez discusses traveling in retirement, and budget friendly tips to see the world.
Planning to use those "golden years" to see the world at a leisurely own pace? Perhaps this dream comes with financial anxiety about how to pursue these goals during trying financial times. Luckily, with some careful planning, seniors can reach their destination and return home with their financial future intact. All it takes is some careful planning.
Jet-setting seniors who are ready to embark on their travel plans can employ some money-saving travel hacks to ensure their journeys don't break the bank. Careful planning, good timing, creative destination choices, and knowing how to eat, stay, and move around while on a budget are just a few of the ways retirees can make their dollars go the extra mile.
Below are some of the best travel hacks for seniors to use when planning their trips and enjoying their getaways. Even on a budget, it's possible to see the world and enjoy all that distant destinations have to offer without sacrificing financial security.
Louie Valdez of California explains that by traveling during shoulder seasons or in the off-season, seniors can save thousands of dollars as well as avoid crowds and long lines. Using the newfound flexibility of a retirement "schedule" provides much-needed flexibility in making travel plans.
Louie Valdez of California says that for those looking for a Caribbean vibe should try Nevis over Nassau. If overseas travel is out of the question for now, try the Kentucky Bourbon Trail instead of Scotland. Love "lake life"? Try New York's Finger Lake region instead of Lake Tahoe. The possibilities are endless for those who are open to a little mystery over a well-trod path.
Opting for a short-term serviced apartment, a home rental, or a charming BnB in a nearby town can save a huge chunk of change and provide a tranquil place to soak it all in after a busy day of sightseeing. Just be sure accommodations meet the mobility needs of everyone in the group.
Maybe a road trip is in order. Or perhaps a first-class train ticket can provide the best means of transportation. Even luxury buses can help retirees enjoy the journey as much as the destination. But for those set on airline tickets, booking in advance and taking trips in the off-season can save big bucks.
Staying at a short-term rental? Find a local market and cook a few meals with fresh, local ingredients. Hoping to see the latest exhibits in town? Look in advance for senior discounts or opportunities to purchase travel passes that offer entrance to multiple sights at a lower price.
Louie Valdez, wealth management specialist says that before springing for whatever generic insurance comes up while buying plane tickets or travel packages, take a look at credit cards that offer free travel insurance. One only needs to pay with that card to enjoy the rewards.