Kitchen Table Finance

S4E8 – Traveling in Retirement

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Episode Summary

In this episode, we welcome Kim Barber from Globetrotter Travel to discuss planning and budgeting for travel in retirement. Travel is a top priority for many retirees, but navigating costs, destinations, and logistics can be overwhelming. Kim shares expert advice on how to make the most of your travel budget, plan bucket-list trips, and find options for solo travelers.

https://youtu.be/mB6wTNI16BM

Key Takeaways:
  • Start Planning Early – Booking in advance can help secure better pricing and spread out payments.
  • Budgeting for Travel – A $10,000 annual travel budget can cover one big European trip or multiple smaller trips.
  • Solo Travel Options – Group tours, women-only trips, and cruises can be great ways for solo travelers to explore safely.
  • Bucket-List Trips – Destinations like African safaris, Antarctica, and Australia/New Zealand are popular among retirees.
  • Health & Safety Considerations – Travel insurance is crucial, especially for medical coverage and emergency evacuations.
  • Tourism Trends & Challenges – Some destinations are experiencing pushback from locals due to over-tourism and short-term rentals.
  • Best Travel Advice: Be flexible and don’t wait too long to take your dream trips—you never know what the future holds!
    • Rapid Fire Questions with Kim:
    • Best Beach Destination for Retirees? Hawaii
    • Most Underrated Destination? Mexico
    • Best City for Food Lovers? Seattle
    • Best Budget-Friendly Country? Portugal, Mexico, Jamaica, Dominican Republic
    • Favorite Hidden Gem? African safari
    • Best Cruise Destination? Mediterranean
    • Best Place for History Buffs? Europe
      • Connect with Kim Barber & Globetrotter Travel:

      🌍 Website: myglobetrottertravel.com
      📧 Email: [email protected]
      📞 Phone: 517-920-0465

      Connect with Shotwell Rutter Baer

      💼 Website: srbadvisors.com
      📧 Email: [email protected]

      📢 Don’t forget to subscribe for more expert insights on retirement and finance!

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      Kitchen Table FinanceBy David Shotwell CFP(r) and Nick Nauta CFP(r)
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