Finance: Living a jetset lifestyle in retirement

November 28, 2008

The survey revealed that twice as many respondents (64%) now take out annual travel insurance to enable them to take multiple trips during the 12 months of the policy compared to 31% who opt for single trip policies. Josie Hepple is a prime example of the survey’s findings. The sixty-nine year old recently returned from a short break in Rome, her sixth trip abroad this year. The retired teacher, who decided to make travelling a priority after the loss of her husband two years ago, said:

“I have the time to shop around for the best deals on the internet and don’t have to book during peak times, so holidays are cheaper. I love travelling and have already planned trips to New York and Italy next year. I certainly won’t be cutting back on holidays in the future.”

The poll also found that while 52% choose beach holidays and 36% book cruises, city breaks in the UK and abroad are also popular choices for the over 60s. Further results show that more than half (60%) travel with their spouse or partner while nearly one in ten (9%) choose to holiday with their families and grandchildren. Autumn is the most popular season for going away with 34% of over 60s preferring this time compared to 25% who choose summer breaks.

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