Page 10 - RVO Senior Expo August 2017

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SUNDAY, AUGUST 20, 2017 SENIOR EXPO • RIVER VALLEY & OZARK EDITION OF THE ARKANSAS DEMOCRATGAZETTE
Seniors itching to travel during retirement can find comfort through AARP and AAA discounts, as well as financial guidance through local wealth management companies.
Though a transient lifestyle is something few people aspire to during much of their lives, come retirement, the idea of staying in a place for only a short time has more appeal.
According to a recent study from the Transamerica Center for Retirement Studies, 36 percent of baby boomers want to spend their retirement traveling. Many are succeeding in doing just that, as a study from the luxury travel network Virtuoso found that today’s seniors spent an average of just more than $11,000 per year on travel. That was more than any other generation, highlighting just how much older adults like to explore.
Retirees who fear they cannot afford to travel can explore the various ways for seniors to cut costs and still satisfy their wanderlust during retirement.
TAKE ADVANTAGE OF AGERELATED DISCOUNTS
Some adults prefer to hide their ages, but when it comes time to travel during retirement, honesty is the best policy. Many businesses that cater to travelers offer discounts to seniors. Car-rental agencies, hotels, travel agencies and cruise lines may offer direct discounts to customers 65 and older, while membership in organizations such as AAA and AARP may make seniors eligible for additional discounts. Discounts on lodging and airfare might net the biggest savings, but even discounts on various smaller expenses can add up to big savings.
SAVE MONEY WHILE TRAVELING
To save additional money on trips, Sandra Hayes, vice president and Gold
Funds in transit
3 money-saving travel tips for retirees