Day: October 29, 2020

How to travel during retirement on a budget

“[Baby] Boomers volunteering overseas is a huge trend,” Shannon O’Donnell, author of “The Volunteer Traveler’s Handbook” told National Geographic. “They have a deep interest in finding projects that resonate within their own lives and supporting those projects for years. They understand that change occurs gradually.”

Pad your budget

Part of saving money while traveling is making sure you allocate enough to account for unexpected costs. Travel + Leisure recommends people put an extra 20% aside for their excursions. Even if you don’t spend it, you’ll have more to spend on travel-related activities of your choice.

ExploreNew ranking says these are the US’s best places to retire

Consider rental homes

Although hotels have their benefits, if you’re going on a trip with extended family, it may be more cost-effective to stay in short-term rentals using sites such as Airbnb, HomeAway and VRBO. Buying groceries and cooking rather than dining

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