20 Great Retirement Travel Ideas: Make Travel After Retirement a Reality (2024)

According to surveys of NewRetirement users, travel after retirement is clearly the most popular and desired pursuit for this phase of life. From day trips by car to round the world journeys, retirees have wanderlust! And with the pandemic waning in the United States, and hopefully a way forward for the rest of the world, travel plans are on the uptick.
20 Great Retirement Travel Ideas: Make Travel After Retirement a Reality (1)
A full 75% of users of NewRetirement’s award-winning Retirement Planner mention travel as what they want to do in retirement and AARP has reported that almost all baby boomers — 99% — want to travel!

Here are 20 tips for making travel after retirement plentiful, affordable, and completely fulfilling:

1. Set goals, make a bucket list, think through where you want to go — with whom? Why?

Thinking about what you want to do in retirement is an important part of retirement planning. And, you are likely to be more successful if you get as detailed and specific as possible about how, when, where, why, and with whom you want to travel.

  • Do you have a bucket list of destinations?
  • Are you hoping to travel once a month? Once a year?
  • Are you thinking spur-of-the-moment jaunts to take advantage of good deals? Or, are you hoping to see specific places?
  • Who will go with you? Spouse? Friends? Grandkids? Siblings?
  • Why do you want to travel?

2. Get in agreement with your spouse

One overlooked aspect of retirement planning is communication between spouses. A survey by Fidelity Investments found that many married couples have an extremely difficult time discussing retirement planning and other financial planning subjects.

Spouses also sometimes have very different ideas about what they want out of retirement and how they intend to pay for it all.

Is retirement travel important to you? How does your spouse want to spend time in retirement? Get tips for how to talk with your spouse about retirement.

3. Consider more exotic locales

You may have a few favorite destinations that you want to revisit, but it can be a good idea to put some wildly new destinations on your retirement travel wish list.

Let’s face it, as we get older, we’ve seen and experienced a lot already. It can sometimes feel like nothing will surprise you anymore.

However, travel is one way to see something new and fresh. From this perspective, travel can almost give you the opportunity to experience life as a child sees the world — marveling at things new and wondrous. Best of all, these types of new experiences are actually scientifically proven to keep our minds more alive.

“To my mind, the greatest reward and luxury of travel is to be able to experience everyday things as if for the first time, to be in a position in which almost nothing is so familiar it is taken for granted.” — Bill Bryson

4. Find senior discounts on hotels and airfare

You probably know that most hotel chains offer discounts of 10-20% for seniors. These are usually easy to find on the hotels’ websites and are similar to a AAA discount.

You might not know that some airlines also offer discounts to seniors. However, it is not as common as it once was and the senior discount might not be the best deal you can find. Airlines currently offering discounts include:

  • British Airways offers discounts to AARP members.
  • Delta Airlines offers discounts on some flights. You’ll need to call them — 1-800-221-1212 — to learn about which flights and to reserve with these rates.
  • Southwest also offers senior discounts, but these fares must be booked over the phone: 1-800-I-FLY-SWA (1-800-435-9792)
  • Like Delta, United Airlines offers senior discounts on certain flights. Call and ask at 1-800-241-6522

5. Hit the Road

Twenty-four percent of retirees say going on an RV trip is very appealing at this stage of their life and RV sales have been skyrocketing with most buyers ages 50–69.

And, campervans are the vehicle of choice for hipster vagabonds. However, seniors may be the biggest market for these homes on the road.

These vehicles can be your transportation and hotel all in one. Some people even sell their homes and live on the road.

“The real home of man is not his house but the road. Life itself is a travel that has to be done by foot [or RV].” — Bruce Chitin

6. No Matter the Length of Your Road Trip — Here Are Some Great Resources

Whether you want to drive across the country for a few weeks or just visit a neighboring town for the day, road trips are one of life’s greatest pleasures.

Here are a few great resources for finding interesting diversions along the way:

Swimming Holes: Listings of 1,600 swimming holes in the United States and Canada.

Roadside Attractions: Put in your route and find wacky roadside stops.

The Outdoor Project: Maps with great hikes, campgrounds, adventures, and more.

Roadfood.com: Jan and Michael Stern are probably the most famous of all roadside dining aficionados. Their site, RoadFood.com helps you find casual, affordable local restaurants, cafes, diners, and more featuring regional specialties.

GasBuddy: An app that helps you find the cheapest nearby gas station.

RoadTrippers: Also an app, helps you find cool attractions along the way.

”Nothing behind me, everything ahead of me, as is ever so on the road.” — Jack Kerouac

7. Other ways to forgo hotels altogether

There are more options than ever for affordable vacation lodging.

Airbnb and VRBO:Airbnb and VRBO are popular services that enable you to rent apartments, condos, houseboats, tree houses, single-family homes, and even compounds.

You will be amazed to see that all kinds of homes are available for rent all over the United States and remote corners of the world. Best of all, the amount you pay per night is often much less than what a hotel would cost plus you get a kitchen and more — sometimes the homes even come with cars or other transportation perks.

Home Exchange: HomeExchange is a service that matches homeowners for a housing swap. Thousands of people exchange houses every year and love the experiences and connections that are made.

Hostels: You might think that hostels are just for young, drunken kids. However, hostels are making an effort to cater to older (and more sophisticated) travelers. Some hostels even offer private rooms and great amenities (if bunk beds aren’t your style).

If you are interested, check out: Hostelworld.com. You can see descriptions, reviews, rankings, and even see availability and make reservations.

8. Rent out your own home to fund retirement travel

In addition to offering you a great place to stay when you travel, Airbnb can also offer you an almost magical way to make money for travel (or whatever). It is easy to list your home on Airbnb as a rental for travelers who will be visiting your community. Depending on where you live, you might just get flooded with interest.

I live in Marin, just across the Golden Gate Bridge from San Francisco. Of the 6 homes on my block, 4 are available for rent on Airbnb. The most successful renters are retirees who just take off whenever someone wants to rent their home.

If you have a successful rental, the income you earn can often pay for a trip and more!

9. Go last minute and save

When you are working, travel gets squeezed into available vacation slots. For travel after retirement, you have a lot more freedom to take advantage of last-minute deals and opportunities.

There are quite a few websites and apps that can help you with these spur of the moment trips:

Hotel Tonight: Hotel Tonight is an app. They get unsold inventory from hotels for that night and make it available to app users at a big discount.

Kayak.com/explore: Kayak has a feature on their website that lets you see a map of the world and the lowest airfares from your city to anywhere and everywhere.

Intrepid Travel: Intrepid Travel books tours. You can review their last-minute deals.

Groupon: Groupon does all kinds of discounts for many different types of experiences. They also have some last minute deals.

Lastminute.com: This site focuses mainly on European last-minute deals.

Travelzoo: Travelzoo aims to offer the best deals from the best companies.

Google Flights: Watch out, this can get a little addictive. If you plug in your departure city and dates, but leave the destination blank, Google Flights will return a list of the lowest airfares available for you.

10. Take time to plan (scientists say it is the best part)

Last-minute adventures are exciting and fun, but they might rob you of what scientists say is the best part of travel.

You might think that the best part is something like the smell wafting from a corner bakery, seeing an iconic monument, or dipping your toes into the sand. However, this study suggests that the best part of your trip happens long before you even board the airplane…

According to the researchers, planning and anticipating your trip makes you happier than actually taking it.

Speaking of planning, make sure your travel plans are budgeted as part of your retirement plans. The NewRetirement Retirement Planner enables you to allocate travel money as part of your monthly or yearly budget. Or, you can specify one-time expenditures for specific trips.

11. Plan longer trips and save

The beauty of retirement is that you have time. You do not have a clock to punch or other specific demands on your days. As such, you can plan travel with practically unlimited time. Done right, this can save you money and be much more enjoyable.

Imagine you wanted to see Spain and Italy. When working, you either have to see very little of each place in a short period of time or take two trips. Two trips are double the airfare and if you are trying to squeeze it all into one trip, then you might be paying a premium for hotels close to the things you want to see and other conveniences that make seeing everything possible.

Everything is different in retirement. You can take two months and see two, three, or more locations in one trip — dramatically reducing your airfare costs. And with time, you can rent apartments or other lower-cost accommodations, cook some meals in your rented home, walk instead of taking taxis — all of which can dramatically decrease your daily spend and also enable you to really enjoy being in the location instead of packing it all in.

12. Don’t travel, just retire abroad

Retirement abroad is the ultimate in retirement travel. Here are 12 tips for retirement overseas.

13. Think seriously about travel insurance

Travel insurance — especially medical travel insurance — is probably a good idea if you are traveling abroad. Medicare, even supplemental Medicare, is not usually valid outside the United States.

A couple of companies offering coverage for travel include:

14. Get big discounts on national parks

Seniors can buy a lifetime pass (lifetime!) for $80. And, if you don’t want to pay the fees upfront, you can spread out the cost over four years. If you buy an annual pass for $20 for four years straight, then you can trade it in for the lifetime pass.

The pass offers access tomore than 2,000 sites and parks across the country.

To be eligible for the senior pass, you must be 62 or older and aU.S. citizen or permanent resident.

15. Discover discounts on cruises

Have you read about the people who retire… to a cruise ship!?!!!

That might be going a bit, um… “overboard.” However, cruises were immensely popular for retirement travel pre-pandemic. With strict protocols, these floating hotels are making a comeback.

There are lots of resources to help you find the right cruise at the best price:

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”― Mark Twain

16. Join a tour

There are numerous travel companies that target retirees for travel after retirement. Two of the most popular operators include:

These tour operators have special programs for solo travelers:

17. Sign up for a senior travel club

Many cities have private senior adventure and travel clubs. These are usually just what they say they are — groups of people who want to travel and meet other people who want to travel too.

Very often these clubs organize amazing trips at huge discounts because they are able to get group rates.

Do a web search for a senior travel club in your city. However, beware of scams — never give out a credit card or money to an organization you don’t know anything about. A legitimate club will usually invite you to attend a meeting to get to know everyone before asking for any kind of fee or deposit.

18. Try out voluntourism

Voluntourism — volunteering while being a tourist — is an increasingly popular retirement travel option for seniors. If you want to try to give back while exploring the world, consider some of these better-known organizations:

19. Take the grandkids

If travel is the most popular thing people want to do after retirement, spending time with grandkids is probably second. So why not combine the two?

Travel is an excellent way to spend real quality time with grandchildren while making extraordinary memories. To make the trip successful, be sure to involve them in the planning (you might want their parents’ input as well).

20. Make Travel a Detailed Part of Your Overall Retirement Plan

Whatever kind of travel is on your retirement wish list, if you want it to happen, you had better make sure that you set goals and budget for it as part of your overall retirement plan.

The NewRetirement retirement planning calculator allows you to:

  • Budget for big one-time expenses so you can plan for a big trip.
  • You can also vary your budget and set different spending levels for different phases of retirement. So, if you plan on one trip a year for the next 5 years and then less travel after that, your projected budgets can reflect your actual plans.

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20 Great Retirement Travel Ideas: Make Travel After Retirement a Reality (2024)

FAQs

How do I travel after retirement? ›

Retirement Travel: 7 Secrets to Making the Most of Every Vacation
  1. Plan Early, Plan Often, But Plan Carefully. ...
  2. Focus on Experiences, Rather Than Places. ...
  3. Find Your Travel Buddies. ...
  4. Live Like a Local. ...
  5. Use Local Transportation. ...
  6. Make a Packing List & Check it (More Than) Twice. ...
  7. Plan Out Your Retirement Travel Budget.

Do people travel after retirement? ›

Though trips for retirees are indeed common—with at least 25 percent of those 65 and older leaving the country annually—sometimes, finances play a factor. That's why it's smart to not only start thinking about where you'll go when you travel in retirement but also how you'll pay for it.

How do I spend my days when I retire? ›

23 Fun Things to Do in Retirement
  1. Travel. Satisfy your wanderlust! ...
  2. Get an education. ...
  3. Indulge in a hobby (or three) ...
  4. Donate your time. ...
  5. Get involved in a sport. ...
  6. Set new fitness goals. ...
  7. Mentor others. ...
  8. Join (or start) a club.
22 Apr 2022

What do retired people do all day? ›

Retirees enjoy over seven hours of leisure time per day, according to 2019 data from the American Time Use Survey. They use their newfound free time in a variety of ways, including taking up new hobbies, relaxing at home, watching TV and lingering over daily activities. Many retirees also continue to work or volunteer.

Why do people travel when retiring? ›

Travel in retirement is about keeping those “doors of perception” open, wide open, between the known and the unknown. This is the best time of your life to explore your “unknowns.” You have the luxury of unhurried time. It's one of life's greatest gifts.

Why you shouldn't wait until you retire to travel? ›

It might cost more. \With a greater risk of health problems comes more expensive travel insurance for older travellers. On top of that, you'll likely crave more comforts as you get older, and these all add up. When you start travelling when you're older, it's harder to compromise on certain standards.

Do people get lonely when they retire? ›

Older people are especially vulnerable to loneliness and social isolation – and it can have a serious effect on health. But there are ways to overcome loneliness, even if you live alone and find it hard to get out.

What a retiree should not do? ›

Plan for healthcare costs in retirement, pay off debt, and delay Social Security until age 70 to help maximize your benefits.
  • Quitting Your Job. ...
  • Not Saving Now. ...
  • Not Having a Financial Plan. ...
  • Not Maxing out a Company Match. ...
  • Investing Unwisely. ...
  • Not Rebalancing Your Portfolio. ...
  • Poor Tax Planning. ...
  • Cashing out Savings.

How can seniors travel easier? ›

10 Travel Tips for Senior Travelers
  1. Find Senior Friendly Travel Services. ...
  2. Request and Reserve Elderly Accomodations. ...
  3. Prepare Personal and Medical Documentation. ...
  4. Packing Tips for Seniors. ...
  5. Think about a Senior's Safety, Security and Comfort. ...
  6. Arrange Medication Management. ...
  7. Seniors and Security Checkpoints.
19 Feb 2008

What are the five stages of retirement? ›

The journey through the 5 stages of retirement
  • Stage 1: Pre-retirement.
  • Stage 2: The honeymoon phase.
  • Stage 3: Disenchantment.
  • Stage 4: Re-orientation and finding yourself.
  • Stage 5: Stability.

What are the top 10 things people do when they retire? ›

Things to do in retirement – 25 ideas to inspire you
  • #1 Declutter your home and free your mind. ...
  • #2 Explore your local area. ...
  • #3 Become a tour guide. ...
  • #4 Work for wildlife. ...
  • #5 Research your family tree. ...
  • #6 Dress the part. ...
  • #7 Get musical. ...
  • #8 Learn to dance.
5 days ago

What keeps you busy when retired? ›

13 Ways to Stay Busy After Retirement
  1. Volunteering. Many charities will welcome a helping hand. ...
  2. Gardening. ...
  3. Book clubs. ...
  4. Painting. ...
  5. Play With a pet. ...
  6. Staying fit. ...
  7. Travel as much as you can. ...
  8. Photography.
2 Aug 2021

What do most people do after retirement? ›

Some choose retirement, and some have retirement thrust upon them. Modern retirees face decades of free time to fill with leisure activities, socializing, contributing to a community or cause, pursuing hobbies — or working, either for the income or for the sense of identity.

What are the good things about being retired? ›

These are the 10 most notable.
  • Less Stress. Being retired means you no longer have all the same obligations as when you were working. ...
  • Go to Bed and Wake Up When You Like. ...
  • Avoid Annoying Commutes. ...
  • You Can Wear What You Want. ...
  • Spend More Quality Time with Your Spouse. ...
  • Be More Spontaneous. ...
  • Do Things You Love. ...
  • Exercise More.

Why is travel good for your future? ›

Traveling gives you perspective

Meeting people from other cultures will teach you that the way you've been looking at the world isn't the way everybody else does. In fact, your point-of-view might have some major blind spots. Seeing the world for yourself will improve your vision and your grip on reality.

What is the average lifespan of a retiree? ›

Life Expectancy

If you retire at 65, you have a 76 percent chance of living ten more years, a 38 percent chance of living 20 more years, and a 5 percent chance of living another 30 years. The life expectancy for men in the United States is 78.54 years.

What age travels the most? ›

TRAVEL TRENDS BY GENERATION: FREQUENCY OF TRAVEL

Generation Z has an average of 29 vacation days per year. Millennials have an average of 35 vacation days a year. Generation X has an average of 26 vacation days per year. Boomers between 55-75 have an average of 27 vacation days a year.

How long does the average retired person live? ›

A 65-year-old can expect to live another 19 to 21.5 years, on average, according to the Social Security Administration. What's more, the government agency says a third of 65-year-olds will hit age 90, and 1 in 7 will live beyond age 95.

What do retirees fear most? ›

71% reported they were worried about being less mentally active in retirement, and 64% about being less physically active. Contrast this with the prospect of losing social and friendship ties from work where 50% of respondents found it a frightening prospect.

What to do when you're lonely and have no friends? ›

If you are unsure where to meet new people, then here are some ideas:
  1. Attend a club or organization meeting. Sometimes they will have an open house for potential members. ...
  2. Take a class. This is another good way to meet new people. ...
  3. Meet people at work. ...
  4. Join a social media group. ...
  5. Get out more.
8 Oct 2021

Are most retired people happy? ›

These studies concluded that retirement is associated with lower life satisfaction, depression, and lower happiness (9, 10).

What is the number one mistakes retirees make? ›

1. Taking Social Security Too Early. A major mistake that many Americans make at the start of their retirement is taking the federal government up on its offer to receive Social Security payments early. Yes, you can begin receiving your monthly payments as early as age 62.

What is the 4 rule for retirees? ›

One frequently used rule of thumb for retirement spending is known as the 4% rule. It's relatively simple: You add up all of your investments, and withdraw 4% of that total during your first year of retirement. In subsequent years, you adjust the dollar amount you withdraw to account for inflation.

What is a retired person called? ›

Definition of retiree

: a person who has retired from a working or professional career.

Is 70 too old to travel? ›

There's no specific age to settle down. There's no age limit for international travel. I've met plenty of international backpackers who are in their 60s, 70s and 80s. Non-travellers are often surprised.

What is the easiest form of traveling? ›

Walking. The easiest (and cheapest) form of transportation is to just walk. A lot of cities are super easy to explore on foot.

What is the most effective way to travel? ›

Easily the quickest and most effective, planes are the obvious go-to when it comes to travel. Our minds are programmed to associate travel with finding cheap flights, mostly because we usually need a plane to get to our destinations.

How do I stop being lonely in retirement? ›

Studies have shown that an active lifestyle can decrease feelings of loneliness and depression in retired seniors and help to manage stress and anxiety. So, what are you waiting for? Exploring the outdoors is a great way to exercise because you can take part in a wide variety of activities that never get boring.

What are the three pillars of retirement? ›

The “three-legged stool” is an old term for the trio of common sources of retirement income: Social Security, pensions, and personal savings.

What are the three legs of retirement? ›

Social Security benefits were said to be one leg of a three-legged stool consisting of Social Security, private pensions and savings and investment. The metaphor was intended to convey the idea that all three approaches were needed to provide stable income security in retirement.

What are the 3 types of retirement? ›

Three types of retirement and how to plan for each
  • Traditional Retirement. Traditional retirement is just that. ...
  • Semi-Retirement. ...
  • Temporary Retirement. ...
  • Other Considerations.
18 May 2020

How much do I need to retire if I want to travel? ›

For example, if you plan to travel frequently in retirement, you may want to aim for 90% to 100% of your pre-retirement income. On the other hand, if you plan to pay off your mortgage before you retire or downsize your living situation, you may be able to live comfortably on less than 80%.

How long can a retired U.S. citizen stay out of the country? ›

SSI benefits will stop if a recipient is outside the United States for more than 30 days, and benefits won't start up again until the recipient is back in the country for at least 30 days.

How often do retired people travel? ›

An AARP survey found that an overwhelming 99 percent of Boomers plan to take at least one trip this year. On average, each will take more than five trips, with four out of 10 people traveling to a foreign locale like Mexico, the Caribbean and the British Isles.

How much cash should a retiree have? ›

Despite the ability to access retirement accounts, many experts recommend that retirees keep enough cash on hand to cover between six and twelve months of daily living expenses. Some even suggest keeping up to three years' worth of living expenses in cash.

How much money does a retiree need per month? ›

But, generally speaking, most experts agree that you will need 70-80% of your pre-retirement income to maintain your standard of living in retirement. For example, if you earned $50,000 per year ($4,167 a month) before retiring, you would need approximately $35,000-$40,000 per year in retirement.

What is the average amount of money a retired person has? ›

On average, Americans have around $141,542 saved up for retirement, according to the “How America Saves 2022” report compiled by Vanguard, an investment firm that represents more than 30 million investors.

Which country give money to live there? ›

Antikythera, Greece

The picturesque Greek Island of Antikythera has a population of around 20 residents and is paying people to move there. If chosen to be part of the program, people will be given land, a house, and a monthly stipend of about $565, or around ₹45,000, for the first three years.

What is the easiest country to retire to? ›

According to various studies, including International Living, Portugal is ranked as the best country for US expats to retire to. Its friendly population, welcoming community of American expats, excellent weather, safety records, and affordable cost of living are all big draws for retirees.

What is the best country for an American to retire to? ›

To help you narrow down your options, here are our picks for the best countries to retire to.
  • Panama. Panama tops most lists of the best countries to retire in, and there are good reasons for that. ...
  • Costa Rica. ...
  • Portugal. ...
  • Ecuador. ...
  • Greece. ...
  • Belize. ...
  • Nicaragua. ...
  • The Philippines.
14 Oct 2022

Who travels the most age? ›

What Age Group Travels the Most & How do They Compare? Baby boomers who take both international and domestic vacations total 42%. Baby boomers who take both international and domestic vacations total 42%. Millennials take the longest vacations and average 35 total days a year.

How long is the average person retired? ›

The average length of retirement: 18 years

Meanwhile, the average age at which people retire these days is 63. That gives a typical retiree a retirement that lasts from about age 63 to about age 81.

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