Yes, Travel Has Become a Luxury - You Might Not Be So Budget-Challenged If You Can Enjoy Life In-Place

CNBC refers to travel as a luxury expense. And, of course, it has become just that. Boomers might recall the days of touring Europe on five-dollars-a-day and hitching across the US with a backpack. 

Right now, travel, even those weekend trips (unless you camp), can be budget-challenging. About 10 years ago Motel 6 would bunk you and the dog for about $50 a night. Currently that can be closer to $90 in a growing number of metro areas, unless there is pre-booking through a service such as Expedia.

That's why I, in my coaching, counsel those worried about the nut needed to retire to map out a life that can be experienced in their own backyard. Then they won't need the nosebleed figures projected to be able to retire and not outlive their money. 

Therefore, it could be a budgeting mistake to relocate in retirement to a geographic area in which there is "nothing to do" and travel is a necessary "emotional escape." Large cities such as Witchita, Kansas and Toledo, Ohio provide both a low-cost of living and activities in just about every category of recreation and enrichment. Those I coach who followed the dream to nest in an isolated rural area usually wind up saddled with selling that property and moving back to where there is "something to do."

In business and life you usually have only one shot at whatever. Up the odds of success with Jane Genova. I am an intuitive coach, tarot reader and content-creator. Complimentary consultation (please text/phone 203-468-8579 or email janegenova374@gmail.com)