In 2023, 61% of seniors plan to travel domestically, up from 51% the previous year. Interest in international cruises has also increased among seniors. Many retirees plan to spend more than $6,650 on travel, with many planning to explore new places, visit family, and spend time with loved ones.
Retirees are often the number one area of interest for recent retirees, as they retire early to have more years to travel. On average, retirees spend 5 to 10 of their annual budget on travel, with people aged 65 years and over being more inclined to travel in their own country, making longer trips (6.3 nights on average length) and staying longer.
In a survey of over 2,000 people, over a third claim they have never taken the same trip twice, and 38% say they are planning to do so. Geisler recommends starting thinking about retirement goals, such as travel, at least 10 to 15 years before retirement.
To stay safe and ensure a pleasant travel experience, retirees should consider staying safe and packing essentials. Tourists aged 65 years and over accounted for nearly 1 in 4 tourism nights for private purposes spent by EU residents in 2022. A well-traveled crew of retirees shares their tips and tricks, including travel days to avoid and must-pack items.
In conclusion, retirees are increasingly interested in traveling, with many planning to spend more than $6,650 on travel. To ensure a safe and enjoyable travel experience, it is crucial to consider your health, fitness, and ability levels when planning your retirement journey.
📹 A retired couple living on a cruise ship is saving thousands of dollars
Angelyn and Richard Burk have spent the past few years of retirement bouncing from cruise ship to cruise ship exploring countries …
Why do I constantly need to travel?
Escapism is a behavior where a person relies on an activity or routine to distract themselves from everyday discomforts. This can manifest in various forms such as overeating, doom scrolling, dancing, partying, and watching television. Studies have linked escapism to excessive gaming, gambling, and poor mental health. Michael Brein, a social psychologist specializing in travel and intercultural communication, believes escapists are more prone to the dromomaniac lifestyle, which is the need to wander and could be a form of overactivity. Travel appeals to people who don’t want to face difficult situations and prefer independence, as it doesn’t involve dealing with interpersonal difficulties or troubled relationships back home.
At what age do most seniors stop traveling?
The author emphasizes that age is not a barrier to traveling, as it is not a barrier to enjoying one’s time on a journey. They mention examples of seniors in their 80s and 90s enjoying themselves while traveling, such as on Lindblad NatGeo’s Explorer, where they went ashore, kayaked, hiked, and even did polar plunges. The Viking River Cruise, Elegant Elbe, was filled with senior citizens participating in tours and activities. The author encourages fellow travel bloggers to keep in mind what an older traveler should keep in mind while traveling.
How often does the average person travel?
Americans travel an average of 2. 9 times per year, with leisure being the most common reason. Millennials are the most frequent travelers, with an average of 3. 4 getaways per year. Over half of Americans travel one to two times per year, while almost a third get away three to four times. One in 10 Americans leaves town up to six times a year. Nearly two-thirds of Americans want to hit the beach, with 62% of survey respondents naming it a preferred destination. With over 6, 100 beaches along U. S. coasts, there are plenty of options for beach-goers.
How long do people usually live after retirement?
The average remaining lifespan for a 65-year-old woman and 65-year-old man is 19. 66 years and 81. 94 years respectively, which are several years higher than their birth life expectancy. However, life expectancy calculations are just averages, and there’s considerable variation around these averages. It’s possible to live several years beyond your life expectancy or fall several years short. This uncertainty is a significant challenge to successfully planning your retirement, so it’s prudent to base your planning on living several years beyond your life expectancy.
At what age do most retire?
Retirement age can be determined by various factors, including the amount of money saved for retirement living expenses, the desired lifestyle in retirement, and the desired lifestyle. The more money saved, the earlier you can retire. A modest lifestyle, with low expenses, may allow you to retire sooner than a lifestyle that involves extensive travel, exotic cars, and expensive hobbies. However, even a few years earlier than expected can be costly. Therefore, it’s crucial to consider these factors when determining your retirement age.
What age is hardest to travel with?
The author shares their experience of traveling with their second daughter, who is currently a mobile 10. 5 month old. They believe that the hardest time to travel with a child is from when they become squirmy and mobile by 9 months old until they hit the age of reason bargaining/cartooning/snacking at 18 months. Travel doesn’t get easier again until they are between 3-4 years old, but somewhere between 18-24 months it starts to get easier. The author is not afraid of a family travel challenge, as there is fun to be had away from home at every age.
They advise against booking non-refundable trips before their baby is born, especially not for at least the first three months if possible. They also advise against booking trips during this “hardest age to travel” unless they are up for a challenge, as it may not be pretty and may not be relaxing.
Do older people travel more?
The study reveals that the share of each age category in the total number of tourism trips and nights and the total population aged 15 years and over is relatively small. However, people aged 65 and 70 years travel more intensively, making longer trips due to the available time following retirement. People aged 60-74 years generate 23 of trips and 26 of tourism nights for private purposes but represent 21 of the population aged 15 years and over.
People aged 75 years and over generate 5 of trips and 7 of tourism nights for private purposes but represent 12 of the population aged 15 years and over. People over 75 years tend to travel less, possibly due to decreasing motivation to travel or health issues.
Is it normal to travel every year?
Around a third of Americans enjoy two to three vacations per year, while just over a quarter have not traveled for non-business trips in the past 12 months. A fifth of respondents have traveled once. Statista offers daily infographics on various topics, including economy, finance, politics, tech, media, health, environment, consumer, and sports. The “Chart of the Day” is available under the Creative Commons License CC BY-ND 3. 0 and can be used without charge by commercial and non-commercial websites with proper attribution and a backlink to the respective infographic URL.
What is the golden age of travel?
The period between the 1830s and the early 1950s, known as the Golden Age of Travel, saw the advent of a number of different modes of travel and the development of luxurious accommodations.
Do you live longer if you retire early?
The decision to retire early or work longer to live a longer life is not as straightforward as it may seem. Early retirement does not seem to be linked to higher mortality rates, but the decision to retire at the statutory age or continue working beyond it may be influenced by an individual’s health status and overall well-being. If an individual is in good health and has the means to continue working, extending their working life may not necessarily shorten their lifespan and could provide additional financial security and personal fulfillment. However, if health is compromised or the job is physically or mentally taxing, early retirement might be the wiser choice for longevity and well-being.
What age do people travel a lot?
A 2022 study revealed that individuals in the 25-34 age bracket in Britain undertook the greatest number of overseas holidays, with 62% of respondents having taken at least one vacation abroad. In contrast, 27% of respondents aged 55-64 traveled overseas for holiday purposes. To gain access to the full range of Premium Statistics, a paid Statista account is required. Furthermore, the study offers access to the original sources and can be downloaded in PDF, XLS, PNG, and PPT formats.
📹 Budget to Travel Full Time as Early Retired Nomads (2nd Year Traveling Full Time)
We travel full time – no home base or storage unit. After two years, we show how full time international travel costs less than you …
From an environmental perspective the cruise ship industry is fairly toxic in terms of the marine diesel they burn and the spread of invasive species through ballast discharged. Also the vast amount of resources consumed and waste produced by the ship – I don’t see any community gardens or recycling facilities on board. The passengers themselves have the most superficial engagement with the cultures at their destinations (“Malaysia was just great”). If I was going to choose a retirement lifestyle that would have some utility and not be entirely self-serving – this would be the opposite of that.
Life on dry land always seemed to leave Mike Soroker, 80, thirsty for more. And so, after taking just four cruises with wife Barbara, 75, and loving them all, the restless retirees made a dramatic decision — to buy a condo on a cruise ship and enjoy their final years sailing around the world. But the couple will be left to cool their heels on the dock for a little while, yet — their new floating home, Storylines’ MV Narrative, is currently under construction, only to set sail in 2026, and that’s if all goes according to plan.
There is absolutely no way two people can live for a year on a cruise ship travelling the world for US$35k per year – that is bullshit! Even if they had the cheapest cabin on the cheapest cruise line to the cheapest destinations and never spent a cent on a drink or anything extra it is not possible. Show us your numbers guys – I challenge you. I am fed up of these ridiculous claims people make about living this dream lifestyle for a fraction of the cost of living a real life and people believe it – if it were that cheap and that easy no one would be living on land – show us your itineraries and costs for 365 days and be sure to include your insurance, your costs between cruises, flights, accommodation etc if they aren’t consecutive cruises, and where you have actually been – I dare you! Look at Super Mario who gives a realistic cost of living in an inside cabin about the same era as this article and the cost is US$82k a year with nothing extra no insurance, not a single drink etc that is an honest article
Do any real journalists work at CNN? I ask because after doing HUNDREDS of articles on J6, it’s a little curious that you haven’t done one about Hamas members in ski masks scaling the fences at the White House over the weekend. Also, still nothing on that manifesto from the Nashville trans shooter. If you do have any real journalists, they might want to look into that instead of this fluff.
Yay, the much-awaited budget article is here! I was so happy to see you spend to enjoy your life rather than the typical “how low can we go” stories. As a single traveler, I budget $2500/mo. between a handful of countries moving every 60-90 days between Asia & Europe. Although I’m not housesitting, taking cruises or staying with family, I’m confident I can manage and hope to find housing options besides Airbnb too! Happy Nomad Anniversary – here’s to Year 3 and beyond. 👏
Outstanding! Surprising. I think all the flights are my biggest surprise for your budget. Now, we are in EU- in France and eating out is $$ and so is food shopping in stores…so interesting to see what our first full year comes in at…we only launched May 3 so have much to do see & enjoy ahead. I am so interested to see where you go in the coming year!
Counting beds; love it! I’m always amazed at how little people can spend; we’ve never come close ; not realistic for us. We add in our fixed expenses as our monthly budget: health insurance, cellular, streaming services, etc. and that alone is almost $1,000 per month-yikes! House sitting is not an option since we have no experience with pets of any kind. Slow travel seems the way to go for us and I find it rewarding to settle in and become part of the community for awhile. Housing and groceries continue to be our biggest expenses, no big surprise, but we don’t skimp in these areas. Comfort and good nutrition is paramount! Thank you for producing these informative articles; I will continue to follow your journeys and make a plan to meet up with you again. Happy trails, my friends!
2 questions. 1) How did you feel you did with healthy eating in Asia. Eating out is cheap. But were you able to eat healthy? 2) What’s your pricing approach to cruises? Are you booking far ahead? My feeling is that they are cheapest in the 90 day window, but in order to keep other expenses down we tend to plan further out.
Oh boy, I love a good budget article. Loved all the graphs! Though now I’m wondering when I’ll have the time to go back through the last six months to start counting how many days we stayed in hotels/airbnbs/family/etc lol, what a fun statistic! Love that you guys are living such a wonderful and intentional life. How are you liking your new Osprey rolling bags? We’ve been loyal to our backpacks but I’m looking for reasons to move to carry on only, so I’m looking forward to your upcoming packing article.
Great article and congrats on starting your next nomad year. I’m about to look at our yearly expenses on July 1 and will be interested to see how we went. We started travelling in May 2019 and are still travelling, currently in Thailand. Our australian dollar doesn’t have as much buying power as the US Dollar. Keep enjoying this wonderful life
Have you ever travelled to Bulgaria? I would really love to go there and am fascinated with the history and food in that country. I’d also like to know if you have been to the country of Georgia or Azerbaidzhan. What is your garbage production like? I know that sort of a strange question but when you eat out, are you using dishes? Have you met many other retired nomads?
Thank you so much for this. We (my wife and I) really enjoy your articles….this one was one we’ve been waiting for….with bated breath, because we are about six months from our own post-retirement travels. We’re perusal you, among several other retired couples, and are very encouraged by what we are hearing from you all! I’m, now, more confident…so, thanks again. One aspect of this type of travel that we still wonder about is housing, specifically the use of Airbnb. We’re hearing some ‘not-so-great’ reports about Airbnb…not all bad, some good, some cautionary. There’s still more research to be done. Thanks again and happy travels! Jeff and Paula
Great article! I like the graphs as a numbers person. I’m curious about how you traveled in Europe getting around the Schengen rules. With your map it looked like you spent more than 90 days in a 180 day period. If this is in another article, please let me know, as this is my first article on your website.
I’m assuming you’ve built up some serious cruise loyalty by now. If so, with whom? And how are you using that to your advantage? Or: are you aiming to build up that cruise loyalty for future advantages? For example: we’re closing in on an upper loyalty tier with Royal, which will give us free drinks on our cruises, which is a massive savings over time. Other benefits as well, discounts, partner deals, etc. Belated Happy Nomadiversary!
Hey U2, we really enjoy your content and style. Teri & I are on week 3 of our 3 4 5 year global journey!! So much to learn, getting our flow over time is fun. We are starting to get our socials in order. How & what to post, vlog, etc is a huge learning curve. So what editing software do you use? What was your learning curve? Any inputs on our beginnings would be so helpful. Stay safe, maybe we’ll see ya’ll on the road sometime 🍻 JohnAndTeriJustGo
Hello – you mentioned you had a couple of housesitting stops. Do you use a housesitting service or website to set these up ? I’m asking because my wife and I will be out of town for 3 months next year and have discussed getting a housesitter. I’ve looked at a number of websites but can’t really decide if that is the way to go. Thanks in advance.
Gnrl ?? What CC and strategy do you use for traveling outside the US. Yes, there is plenty of CC that have high rewards (points of cash back) for hotels, car rentals, and airfares regardless of where the flight is from/to, but for the rest of the expenses it doesn’t work like in the US. No gas or grocery or Pharmacy or many of the other multipliers. Which card have you found that maximises those things??