This means that most Americans will need to be creative to fulfill their wanderlust after retirement. Travel insurance would provide this much-needed coverage.Īlthough most people dream of traveling during retirement, according to a report, Journey to Healthy Aging: Planning for Travel in Retirement, only 18% of Americans have specifically saved for retirement travel. Many Medicare supplemental insurance plans do not provide coverage outside of the US. Check what your health insurance covers when you’re out of the country. Since medical issues are more likely to come up for the senior traveler, it makes sense to purchase travel insurance just in case the trip must be canceled due to a medical problem.

Travel Insurance: Be sure to purchase travel insurance to cover the unexpected such as trip cancellations, medical expenses, lost luggage and other incidents associated with travel.Let’s look at things you can do to make traveling the best experience possible. You’ve waited a long time to enjoy this time in your life. The options are limited only by your pocketbook and your imagination. Perhaps you want to travel with your spouse, join a group of older adults or join family or friends on their vacations. Now that you’ve retired, you’re ready to hit the road (or runway). You’ve worked hard your whole life and you’ve dreamed of traveling to several exotic locations.

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