Kitchen Table Finance

Financial Planning, Purpose, and Peace of Mind

Author: David Shotwell CFP(r) and Nick Nauta CFP(r)

Grab a cup of coffee and join Certified Financial Planner Professionals David Shotwell and Nick Nauta as they discuss personal finance, retirement planning, portfolios, and how the news of the day might affect your financial plans.
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Genres: Business, Education, How To, Investing

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S4E8 – Traveling in Retirement
Episode 8
Wednesday, 5 March, 2025

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: kimbarber@myglobetrottertravel.com📞 Phone: 517-920-0465 Connect with Shotwell Rutter Baer 💼 Website: srbadvisors.com📧 Email: info@srbadvisors.com 📢 Don’t forget to subscribe for more expert insights on retirement and finance!