4 Tips That Let You Spend Retirement Traveling Without Breaking Your Budget

| May 31, 2021
Retirement Traveling

Retirement Traveling

One of the best things about being retired is having the time to travel. Unfortunately, one of the worst is that you often have a limited income.

Luckily, it’s possible to travel without breaking your budget.

Consider these four tips to enjoy traveling during your retirement without going broke.

Buy an RV

An RV might seem like a pricey investment at first. But consider that it allows you to take your home with you when you travel.

You’ll save money on hotels, meals out, and even laundry if it’s equipped with a washer and dryer.

If your plan is to drive around the country to see the sights, an RV might be the perfect way for you to travel on a budget.

Get Rid (or Make the Most) of a Timeshare

Did you buy a timeshare that seemed like a great deal at the time?

Maybe now you never use it or use it so rarely it doesn’t seem worth the cost to keep it.

A great way to travel on a budget during retirement is to get rid of a timeshare.

These can sometimes be difficult to get rid of. You can talk to a timeshare contract cancellation advisor for tips on how to unload this expense. 

You might not need to get rid of it, though. You might also be able to make the most of it by finding ways to use your timeshare to travel to other places without paying any extra costs.




Travel for Extended Periods

If your travel plans include flying overseas, consider making those trips longer. In these cases, the flights tend to be the most expensive part of your trip.

By making your trip several weeks instead of just a few days, you get more bang for your airfare buck.

Staying in budget-friendly accommodations makes it an even better budget-friendly deal.

Seek Out Low-Cost, Value-Added Accommodations

Where you sleep is a big chunk of your travel budget. So look for low-cost, value-added accommodations.

This might mean finding hotels that are inexpensive (think less than $100 per night) and offer breakfast or extra amenities like a gym or pool.

Or it might mean staying in vacation rental homes and apartments so you can cook meals at “home.”

Or it may mean finding hotels or vacation rentals that are centrally located to the things you want to do so you can avoid the cost of a rental vehicle by using public transportation or walking instead.

Travel on a budget is possible. You just need to be careful. By using these tips, you can make the dream of spending your retirement traveling a reality.

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Category: Retirement

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