If you are currently retired or nearing retirement, savings are likely a permanent concern etched into the back of your mind.
You spent your life so far working so that you could enjoy retirement, but now reports are showing that Social Security funds will run dry within 15 years, tenure is a thing of the past, and many people’s savings and investments took a permanent hit in the 2008 recession.
So how do you ensure that you get the fun-filled retirement you’ve always wanted without breaking the bank?
The answer is already right in front of you, you just have to know where to look.
Everyone has heard of Senior discounts at the movies, but did you know discounts extend to a whole manner of things, from transportation costs to eating out?
And I’m here to tell you about the discounts that will make your travel dreams a reality.
First of all, it’s important to know that though many establishments have senior discounts, they do not always advertise them.
The worst that can happen is the business politely telling you ‘no.’
The best that can happen is you save anywhere from 10% to 50% depending on the company.
And I’m here to tell you some of the best deals you can get from travel companies, so you know you’ll get that discount when you ask.
Whether you want to travel internationally or domestically, one of the biggest costs of travel is the actually traveling to and from the destination.
But did you know most major airlines offer discounts to seniors?
American Airlines, Southwest, British Airways, and United are just a few airline companies that offer discounts ranging from 10% to $200 off depending on the airline and the destination.
Or, if you aren’t one for flying, you can always take the train, as Amtrak offers a 15% discount to all those aged 62 and up.
You could also rent a car with Alamo or Avis Car rentals. Alamo offers customers up to 25% off upon presentation of AARP membership, and Avis offers $10 to $25 off per day.
Once you reach your vacation destination, there’s the matter of where to stay, which we all know can get pricey.
Not to worry though, most major hotels offer sizeable discounts to seniors. Best Western offers 10% off to all guests over the age of 55, and Clarion offers the same to guests over 60. Marriot offers 15% off to those over the age of 62, and Cambria Suites, Comfort Inn, and Wyndam all offer 20% off.
And, if those aren’t enough for you, Hyatt Suites offers a whopping 50% off to all customers aged 62 and up.
Some of these numbers might seem small—only 10%, really?—but when you do the math, it adds up in a big way.
Let’s say you’re taking a trip to the Florida Keys, to enjoy the tropical sunshine and relax by the water.
You’re traveling with your spouse, and you want to stay for a week. You plan to fly in and out, get a nice rental car to drive on the beach, and you want to stay at a hotel with a view of the ocean.
Factoring in the average round trip plane ticket ($700/person), rental car cost ($275/week) and hotel costs ($369/night for the Hyatt at Key West), your vacation comes to $3,889.
But with your senior discounts added, that price drops to $2573.25.
That saves you $1,315.75.
That’s over half the cost of another discounted trip!
With these discounts, trips you never thought you could take become possible. All you have to do is ask!