Affording Travel On A Tight Retirement Budget

By on April 16, 2021

The average American looks forward to the day they can retire. Whether they lived a relatively happy, healthy, and purposeful life or a monotonous life plagued with trials and tribulations, retirement is a dream come true. It’s an opportunity to step away from everyday routines. You’ve raised your family, dedicated years to a career, and have gone through a plethora of experiences in adulthood. It’s only fitting that you sit back and enjoy it by affording travel. 

Although there’s no shortage of ways to enjoy retirement, travel is often at the top of the list. While you may have taken vacations throughout your lifetime, there’s something about venturing out into the world with fewer responsibilities. Unfortunately, most people in retirement are living on a tight budget, causing them to put vacation dreams on the back burner. If you’re in this group, you’ll be pleased to know that you can travel during retirement without breaking the bank. Consider these tips below. 

Travel Domestically

Though you may dream of traveling to Rome, Dubai, or South Africa, international travel is more expensive. Staying within the US is more affordable. The country has so many diverse places to see and explore. If you want to relax on white sandy beaches, consider destinations like Florida, Hawaii, and California. Are you interested in exploring city life? There are places like New York City, Los Angeles, and Las Vegas where you can have a blast. No matter what your travel interests are, the US has something for everyone. 

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Or…Purchase a Passport Card

If you really want to get out of the country during retirement, purchasing a passport card is ideal. What’s the difference between a passport book and a card? A passport card is more affordable and allows you to travel by land or sea to destinations like Canada, Mexico, and the Caribbean. 

Take A Road Trip

Airline tickets are one of the most significant expenses when it comes to travel. You can save several hundred dollars by planning a road trip instead. Although you’ll have to pay for gas, tolls, and potentially a rental car, it’s often cheaper than flying or taking a cruise. Road trips are also convenient because you can make pit stops along the way to explore various destinations. It’s an occasion to connect with loved ones and experience the great outdoors. 

Senior Discounts

If you’re 60 or older and want to travel, don’t forget to look into senior discounts. There are certain companies in the travel and tourism industry that will offer affordable rates to elderly travelers. You can get deals on everything from airline tickets, and hotel stays to restaurants and admissions to reduce the cost of your trip. As a senior, you may also belong to memberships or organizations like AAA, AARP, or the military that provide travel discounts. Check official sites to learn how to apply these discounts to your trip.

Select Dates Wisely

Did you know that you pay more to travel depending on the time of year you schedule your trip? Every destination has a peak tourist season which is when most people come to visit. During these times, local officials and the travel industry capitalize on the popularity by increasing their rates. If you want to travel on a tight retirement budget, it’s best to plan your trips during the off-season. Not only will you pay a lot less, but you’ll find that a smaller crowd makes it easier to appreciate the experience. 

You’ve accomplished a lot in your lifetime. You’ve earned the right to enjoy your golden years how you see fit. If traveling the world during retirement is something you’ve always wanted to do, don’t let a tight budget stand in your way. Whether you know it or not, vacationing doesn’t have to be an expensive luxury. If you play your cards right and use the tips listed above, you can travel wherever you’d like without breaking the bank. 

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Affording Travel On A Tight Retirement Budget