What role will travel play in your retirement?

One of the things that people are often really excited about as they approach retirement is the idea of travel.

The freedom to travel for longer than the previously limited annual leave allocation would allow and the longer-distance travel this may support.

Plus the ability to make the most of experiencing what the world has to offer, whether world heritage sites, different cultures or culinary delights. 

I would encourage front-loading this type of travel to the short and medium-term, for argument’s sake aiming for your 60s and 70s, with two key considerations: good health and affordability.  

Good health - Maximising your mobility and energy to be more active if that’s the type of adventure you want.

And make the most of travel opportunities before travel insurance premiums increase for those aged over 80.

Affordability – think about setting aside funds for travel earlier on in retirement, as they may need to be applied to other needs later, and to support you through the unexpected.

Travel is also not only about visiting far off places.  

More available time gives you the ability to travel locally within your own country, or if you’re in the UK to hop on a train to Paris.

Short trips, perhaps more frequently, are an opportunity for a change of scene, to see and experience something new, or to connect with friends and family living elsewhere.

Nor is travel exclusively for couples. Whether you’re an independent solo traveller or you prefer to travel with friends or a group, find the right fit for you and discover the world however you choose.

And if you have a partner who doesn’t want to go on the same types of trips as you, what types of travel could you do separately? Take time to each go away or if you’re retiring first, take the trips you prefer and do the trips you are both excited about together.

What’s on your travel dream list?

If you want help with deciding on what role you want travel to play in the next stage of your life and setting travel priorities, contact me for a conversation about how we can work together.

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