Tips for making travel dreams a reality, because you’ve earned it
Many people dream about being able to see the world and experience its many wonders. Sipping wine in Paris. Watching the waves in the Bahamas. Connecting with the history of Rome. But travel isn’t just a luxury for the young. Many retirees also enjoy the freedom of travel without the dread of returning to the office after a relaxing getaway. With careful planning, your retirement years can be an adventure.
It can be easy to say something like, “I’ll travel someday,” but procrastination can rob you of your future travels and adventures. Every person has their go-go years, their slow-go years, and then their won’t-go years. The best time to travel is early in retirement before Father Time slows your tempo. You can still travel during your slow-go years, but your options may be more limited. Just be sure to travel before your won’t-go years, when you may have to see the world exclusively through the Discovery Channel.
Step one of realizing your dream vacation is figuring out the details. Do you want to travel with friends, family, or a travel group? Do you like the idea of long, extended trips or many short and varied trips? Will you need a passport to visit the places you want to? How do you make sure you don’t push yourself too far?
Everyone is different, and so are their dreams. Some are more independent and dream of a journey on the road. Some like to avoid sweating the details, lounging on a picturesque cruise. Find what brings you joy and chase it.
You may be thinking, “This all sounds good, but how do I make this dream a reality?”
It can be as simple as patience, planning, and persistence. A properly constructed retirement plan can prioritize your desire to travel and create a timeline to make it happen. Budgeting is more important than ever in retirement as your paychecks stop, but your bills do not. With savvy retirement planning, one can also create and maintain new sources of income. Empowering your nest egg to grow can open a world of opportunities while giving you peace of mind.
Your retirement should be a joyous experience, but for many, it can be a daunting one. You’ve worked hard to get where you are, and you don’t want to risk having to go back to work. Vacations may feel like an unnecessary risk to your retirement, but it doesn’t have to be that way. Your time is fully your own in retirement, so it is time to make the most of it!
To learn more about retirement planning and how to accomplish your personal retirement & travel goals, visit victorywealth.com.
Investment advisory services are offered through Victory Wealth Services, LLC, a state Registered Investment Adviser.