You have worked hard throughout your life and have accumulated a sufficient amount of retirement savings to make your golden years extra special; the question you need to ask yourself is: how am I going to spend my money? Instead of accumulating unnecessary possessions, you should treat yourself to a relaxing holiday where you can unwind and also try your hand at some new activities. If you think you’re too old for travel, you’re mistaken; the average retirement age in the UK is 65, meaning you have plenty of time for some incredible adventures and holiday escapades.
1. You Can Create New Memories
If happiness is your end goal, studies suggest that you’re unlikely to acquire it from spending your retirement savings on material possessions; instead, people are happier when planning a travel experience. If you want a truly fulfilling and happy retirement, you should invest in memories instead of material possessions. Free from the burden of work, you can focus on appreciating life and all its beauty by visiting as many amazing countries as possible. Take plenty of photos during your trip, so you can remember your holiday fondly and tell your grandchildren of your many travel adventures. If you want to do something special with your family, you don’t need to travel alone, and you can use your retirement savings to purchase plane tickets for your children and grandchildren; this will be a great Christmas present, and it will also allow you all to make amazing memories together.
2. A Chance to Try Something New
For years, you’ve been stuck in the same monotonous work routine,
developing a rigid schedule that you have to adhere to each day. Use your
retirement savings to break the mold and try a completely new experience. Think
about that thing you’ve been putting off and throw yourself into something new
when you’re on your travels. It might be something as simple as trying genuine
New York cheesecake, or as wild as doing a skydive; it could even be a
long-term project like finally getting that novel written. Whatever it is,
retirement is the time to finally do it.
3. You Can Travel Anywhere
You might think that traveling has to be an elaborate experience, packed
with numerous exotic trips and lavish hotels, but this isn’t necessarily the
case. Your travel experience is exactly what you make of it, and you should use
your retirement savings on a trip that you’ll actually enjoy.
You don’t even need to go abroad, as the UK is a great holiday destination; just ask the nearly 42 million tourists who visited the UK in 2018. You might only travel a few miles away, but there’s guaranteed to be a hidden gem of a holiday destination in the UK that will become a firm favorite.
4. Time to Focus on Yourself
By retirement age, your children will have grown up and flocked the
nest, giving you the chance to finally focus on your own wants and desires.
Even if you don’t have children, you’ll have dedicated a large portion of your
energy to pleasing your boss and adjusting your home life to accommodate work.
Traveling during retirement frees you of these work and home life ties,
allowing you to fully relax without worrying about other people for a change.
You can sip on cocktails guilt-free, and you can even choose to extend your
trip if you’re having a particularly good time. You’ll come back feeling
relaxed, with an inner sense of calm and fulfillment.
5. It’s Good For Your Health
Sitting around at home watching the days slip by is a waste of your
retirement years. This inactive lifestyle is also bad for your health and can
lead to some more serious complications later in life. Instead, you should use
your retirement savings to invest in an active holiday that gets you off your
feet and immerses you in the beauty of nature. If you’re looking for a
challenge, grab your hiking boots and hike one of the many mountainous peaks in
Asia. If you want an active holiday that’s a little closer to home, there are
some stunning natural landmarks to explore in the UK; Snowdonia and the Lake
District are just two amazing hiking destinations.
Travel is a Great Way to Spend Your Retirement Saving
Retirement is a great time for travel. By seeing and experiencing new places, you will create wonderful memories that you can share with friends and family. Plus its a time to experience things you have dreamed of. In addition, traveling in retirement years can be relaxing since you only need to adhere to your own schedule. Lastly, travel means you will be out and about seeing and doing which, is good for your health.
Did you know that early retirees all have something in common? Here are 5 Effective Habits of People Who Retired Early.
Source: Retire Early And Travel
5 Amazing Reasons To Travel With Your Retirement Savings