3 Things to Know Before Making Summer Travel Plans
The COVID-19 pandemic has resulted in many things, including canceled trips. Americans are now wondering about summer travel plans, and if it’s wise to make them before the country fully reopens. Just because everything isn’t completely back to normal yet doesn’t mean you can’t or shouldn’t take a vacation this summer – even if it means staying closer to home than you originally planned. Here are three things to know before making summer travel plans.
More hotels will reopen to leisure travelers in the coming months and will likely be instituting stricter safety protocols. Hilton, for example, says their hotels will have contact-less check-ins and more rigorous cleaning practices. As for vacation rentals, several states and counties temporarily banned Airbnb and VRBO. This may or may not change over the summer, depending on the state. Before planning a vacation, know what’s open in the area and to what extent. In some states, beaches are open, but visitors aren’t permitted in the water, and other states require out-of-state visitors to quarantine for 14 days.
What Will Flying Be Like?
Air travel has dropped dramatically, and many Americans may continue to avoid flying for fear of infection into the summer. If you are getting on a plane, occupancy may be capped at 50% or 60%, and the middle seat left open. Many airlines and airports now require passengers to wear masks and have their temperatures checked before boarding. They are also instituting strict disinfection and safety standards. Nonetheless, those flying should take precautions such as frequently washing hands and avoiding travel if they have any symptoms.
Planning a Staycation
Even if a trip to Europe this summer is off the table, it doesn’t mean you can’t take time to enjoy yourself. Taking a long weekend can be worth it even if you’re just staying in your home. What’s important is to set aside the time as leisure time – that means no work around the house or checking your email. It may mean exploring a different part of the neighborhood, ordering takeout from a new restaurant, or sitting down with a novel or favorite movie. Whatever you’re doing, know the ways to stay safe as we get back to normal.
If you’re taking the time to make summer travel plans, also consider taking the time to focus on your financial future. Whether you’re nearing or in retirement, we can help you create a solid plan that takes your unique retirement goals into account. We offer no cost, no obligation financial reviews so we can learn more about your financial planning needs.
Can and Will You Retire in a Crisis?
Life is unpredictable, and there are a number of events that can impact our finances, from global pandemics to personal crises. And while adjustments sometimes may need to be made to get back on track, no one wants to put off an event like retirement because they feel forced to. It’s important to take stock of what you have and what you’ll need if you’re nearing or entering retirement. No rule says you must put off retirement, or that your desires are beholden to the state of the world when you reach retirement age.
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A recent survey found that 54% of Americans say they’d like to continue working in retirement, while 40% say they worry they won’t be able to retire at all. What they may not realize is that many older workers are forced to retire earlier than expected. A study showed that 26% retired earlier because of job loss, and this number is likely higher after the coronavirus pandemic.