For many retirees, travel isn’t a luxury. It’s the one “extra” that still feels essential.
Surveys of adults age 50+ in both Canada and the United States show many retirees continue setting aside thousands of dollars each year for travel - often around US$6,800 (about C$9,000) - even as travel prices rise.
But many retirees aren’t traveling less.
They’re simply becoming more strategic.
The goal isn’t to give up travel.
It’s to plan trips that fit comfortably within your retirement budget.
Make Price Work in Your Favor
One quiet advantage of retirement is flexibility.
Traveling during shoulder seasons - typically spring and fall - can reduce airfare and hotel costs by 20-40 percent compared with peak summer or holiday travel.
Mid-week flights are often cheaper than weekend departures.
Some travelers even reverse the usual planning process.
Instead of choosing a destination first, they search for low fares and build their trip around the best deal.
Small adjustments can also make a difference:
• Stay slightly outside the main tourist district
• Ask about senior discounts (many are available but rarely advertised)
• Look for free museum days or community events
The Budget Secret Many Retirees Use
Another growing trend is slow travel.
Instead of rushing through several cities, travelers stay longer in one place.
Rentals with kitchens help reduce restaurant costs, and simple activities like parks, markets, and local walking tours often provide the best experiences.
When Flying Gets Expensive
Many retirees rediscover the value of road trips.
Driving instead of flying gives you control over your pace, avoids baggage fees, and opens up countless affordable places to stay along the way.
Cruises can also be surprisingly cost-effective when booked during shoulder seasons.
Because lodging, meals, and entertainment are bundled together, the total cost is often easier to predict.
Why It Matters
Travel doesn’t have to stop in retirement.
With flexible timing, careful planning, and a few strategic choices, many retirees continue exploring the world - without stretching their budget too far.
Sources
Travel surveys from AARP, HotelAgio, and The Senior List
