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Arnold, Bruce & Doerfler Insurance Blog

Tips When Traveling During Your Retirement

5/16/2022

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​After retiring, you may have started planning about traveling to your dream places and favorite destinations. Now that you have so much time, it might be challenging to afford travel with a tight budget. Here are tips to help you prevent overspending as you tick those trips off the list!
  1. Travel During Less Popular Times
    Lodging and airfare rates vary based on demand. So, you will likely pay less if you schedule your travel after the peak tourist season. Instead of Times Square in July or Disney World in December, go to Europe in spring and New Orleans in the Fall. It can lower your cost, and there will be fewer crowds to enjoy the attractions to the fullest. 

  2. Know the Costs
    Before deciding to travel outside the country, it’s best to give a heads up to your bank to prevent freezes and alerts. Research the possible additional costs before paying using your card or withdrawing money. Also, you can avoid paying extra fees by planning your currency exchanges.

  3. Plan Ahead
    You can start booking your travel as soon as you have a specific date, itinerary, and destination in mind as it can take advantage of the best deals. After making your reservation, look out for price drops, and you might get a refund for the difference.

  4. Be Open to the Options
    You can save on expenses if you are flexible with destinations and dates. For example, if going to the beach is your plan, your money can go further in Florida compared to Hawaii. Also, consider flying in the middle of the week instead of the weekend. You can use the saved money for hotel upgrades and have more activities to extend your travel.

  5. Keep Track of Your Food Expenses
    Search for lodging options with access to microwaves and refrigerators and those that provide breakfast. This can let you stock up on beverages and food at the local market and prevent yourself from eating out for every meal.

Wrapping Up
Traveling is one of the most rewarding things after retirement. Following these budgeting and planning tips can help you be on track to visit your desired destinations while keeping your expenses and income on track.

At Arnold, Bruce & Doerfler Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (503) 222-1951. You can also request a free quote by CLICKING HERE. The coverage discussed is not guaranteed. Please contact our agents to make sure you have adequate coverage and your needs are being met. We are happy to help!
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