Retire With Money: Great Ideas for Summer Travel
This weekend is the unofficial start of the summer season—and a good time to nail down travel plans if you haven’t done so already. Need some suggestions? Here are Money’s picks for amazing international vacations that won’t cost a fortune. Or maybe you’d prefer the best national park in every state (don’t forget that $10 lifetime pass for seniors). If you’re planning a theme-park trip with children or grandkids, here’s a look at what it really costs to go to Universal Studios Florida or Walt Disney World. Do you usually work with a travel agent or swear by the do-it-yourself route? Either way, you might enjoy this tale from my colleague Megan Leonhardt, a millennial DIYer, about why she used a travel agent for her latest adventure and how it worked out. Happy travels!
One last thing: I’d love to get your feedback on this newsletter. Please take a couple of minutes to answer this survey and help us improve Retire with Money.
Best wishes,
Karen
P.S. If you like this weekly update, please pass it on to a friend! And if you got it from a friend, sign up here for email delivery each Friday to make sure you don’t miss the next issue.
THIS WEEK'S RETIREMENT NEWS, INSIGHTS AND ADVICE
3 Ways to Protect Your Retirement Money From a Market Downturn
The aging bull market is sure to give way to a bear one of these days. Is your portfolio ready? Contributor Walter Updegrave outlines three simple moves you should make now so you don’t get caught flat-footed. Money
Baby Boomers Look to Senior Concierge Services to Raise Income
Some people easing into retirement have hit on a business idea that is also a boon to older seniors. These baby boomers are working as “elder concierges,” helping older retirees with household tasks, local transportation, and other needs. Helpers can get paid from $30 to $70 an hour, according to one of the companies connecting providers with those seeking assistance. THE NEW YORK TIMES
5 Ways I’ve Prepared Myself For Non-Retirement
When columnist Ann Brenoff was 50, she thought she’d work to 55. “When I was 55,” she writes, “I moved the needle to 60.” Now, at 67, she is happily still working full-time by choice. Whether that sounds like a dream or nightmare to you, Brenoff’s guiding principles for her “non-retirement” are food for thought. HUFFPOST
Some Older Parents Are Missing Out on This Social Security Perk
Do you still have young kids or teens at home as you head toward retirement age? If one or more children won't graduate from high school until sometime after you turn 62, your family may qualify for extra dollars from Social Security. Contributor Lynn Asinof walks you through your options under this little-known rule. Money
7 Things To Do Right Now To Save On Taxes This Year
Who doesn’t want to save on taxes? Tax attorney and writer Kelly Phillips Erb has pointers, including ones concerning your retirement savings. FORBES
Think Older People Are Technophobes? Think Again
Who are you calling resistant to new technology? While it’s true that older Americans are less likely than young adults to use the latest gadgets, plenty of them are searching the web, texting on smartphones or tablets, and sharing on social media, the data here show. And most seniors say technology has had a positive impact on society. WORLD ECONOMIC FORUM/PEW RESEARCH CENTER
‘Goat Yoga' Classes Are Now Selling Out Across the Country
Downward dogs and wandering goats! It was a big week for animal stories here at Money. Did you catch the one about a veterinary clinic seeking to hire a cat cuddler? I’ll leave you with this story, though, my personal favorite: yoga classes at which small goats amble around and maybe climb on your back. Who knew? Money