7 Tips for Planning Your Retirement Travels

The best part of planning for retirement is imagining yourself in your new lifestyle — Including having the freedom to travel.

By Rick Pendykoski

According to the 19th Annual Transamerica Retirement Survey, two-thirds of American workers spend heavily on travel in their first year of retirement. Many plan to travel abroad, while others may want to retire overseas. (Take a look at this abroad retirement checklist to see if the expat life is financially right for you.)

But even if you come up short on that checklist, you can still travel affordably in retirement. The key is proper planning. Here is a seven-step guide to follow:

Set Your Goals & Make a Bucket List

Spend some time thinking about your retirement goals. Those who plan for retirement are more likely to find a happy retired life than those who don’t.

Get into as many details as possible, and list the… Continue reading →