Planning for your dream trips, Money Clip: Retirement Roadmap

Retirement

Planning for your dream trips, Money Clip: Retirement Roadmap

Wednesday, October 08, 2014 - 02:24

We look at when to take trips, budget considerations and the popularity of multigenerational family travel. This is episode two of our 12-part series.

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I would have. Love to go to Tibet India we're going to China China and Russia should involve worry. When -- talk about their retirement road -- off talking about where they want to go travel is number one on the wish list of many retirees. But these chips don't come cheap. When you consider all the other fixed costs of retirement like housing and health -- it can seem a bit overwhelming. Financial -- -- safe figure out the kind of chips you wanna take. And make a plan. Where you going what's the cost structures there are you going to stay within. At the top hotels. If you have that money set aside in your -- mind in Europe and and then you've even if you wanna set aside mark thing you know you just have to get up on something -- But if you haven't set aside and you stick to that budget you can delay it consider traveling early in your retirement rather than waiting to take a long dreamed up. -- I know there's now always when I'm so healthy I can walk and I am don't have being in there so now I have -- can enjoy it. That may be a time when I can do it anymore. And soul I wanna maximize. My time now. Who's going -- Multiple generations trips have gained popularity. A 2013. Study found that I -- I percent of all vacation trips consisted of grandparents. Parents and children traveling together. -- surveyed revealed that 40% of active leisure travelers had taken a multi generational trip in the past year. We do -- family vacation The Who once a year we try to do orient. Take both of the fairways the way for that trip and will pay for the whole thing you know would do that and we could -- maybe do little more of that. Whether your -- for the whole thing I just a part of it. The costs involved in a multi generational family trip are different. Anything for your grandchildren and you never -- -- your grandchildren it's like it's more expensive than. And just dinner with Mickey is different than just going -- -- a glass of wine and apply. Regardless of what they're going to the magic kingdom or an actual warrant advisors say travel insurance can come in handy saving you thousands if he can't get. And the whole bunch of headaches. Bargnani. Reuters.

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