What We Spend On Travel - What Is The Average

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  • Опубликовано: 7 июн 2024
  • Recent surveys suggest retired people spend on average $11,000 per year. How do you compare, Norm and Tina tell you what their travel budget is and how we came to this amount. This video has research on cruising and destinations we recommend.
    We also discuss the various options for travel from cruises to long term winter breaks as snowbirds. We quote real figures for spending the winter in Portugal.
    Getting on email lists to find travel bargains, we buy city breaks of seven days which includes flights from Canada to popular destinations like Edinburgh, Scotland, Iceland and the Azores Islands, for remarkably cheap prices.
    We Earn the highest Canadian Bank Interest for U.S. and Canadian Dollars here (Contains referral code):
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Комментарии • 348

  • @sz13bigmo
    @sz13bigmo Год назад +8

    Such a sensible message. My financial advisor says if you’re not saving it’s unlikely that you’ll start later. My mom had low wage jobs and no medical but kept her lifestyle low. She had enough working credits to get a little SS, a small Spain pension & small ex-spouse pension. House paid off, cheap car and had $50,000 in the bank. Once she hit Medicare she got insurance plus the extra insurance.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      Thanks Sue, Great that your Mom was able to manage retirement, she obviously had a lot of common sense. Thanks for watching.

  • @tehilash7292
    @tehilash7292 2 года назад +7

    You look lovely wearing the sunny bright shirt with the floral scarf Tina🌞

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thank you so much Tehila enjoy your weekend Cheers 🍷🌺🙂

  • @cansinationaloffice825
    @cansinationaloffice825 2 года назад +2

    I really enjoyed this video! Very informative. Thank you! 🙂

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      You are so welcome! have a great weekend Cheers 🍷🌺🙂

  • @pensacola321
    @pensacola321 2 года назад +25

    Cruising, flying and travel in general have gotten very expensive. (We are just back from a 20 day cruise through Panama Canal). But I am now 72 years old . I feel good, but it's now or never . We are bargain-hunters, but our travel budget is now $50,000 USD a year including our shorter and longer trips. Travel is still our big enjoyment and we are planning cruises to Australia/ New Zealand and Northern Europe next year..... You two seem very genuine, and I always look forward to your videos.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We hear you sounds like a great plan , we also did the 21 day Panama Canal cruise 🚢 and loved it , we have done the Australia /New Zealand we didn’t stay long enough and couldn’t find a back to back cruise to do as it’s a long flight ✈️ have a wonderful weekend Cheers 🍷🇺🇸🇨🇦✈️🚢🙂

    • @rosiegirl7112
      @rosiegirl7112 2 года назад

      Absolutely - enjoy it. That Australia and Europe cruise sounds great, which line is it with? AUS and NZ are on our list but now I will think about making it a cruise perhaps

    • @pensacola321
      @pensacola321 2 года назад

      @@rosiegirl7112 We like Norwegian Cruise Line.

    • @texasboy5117
      @texasboy5117 2 года назад +3

      We have a similar budget for travel as we love it. Will continue as long as the health holds up. We have 7 cruises set up for 2022 and 2023.

  • @doodleacademy
    @doodleacademy 2 года назад +2

    Thank you for sharing...always look forward to your Saturday videos 😊

  • @jimbertrand2499
    @jimbertrand2499 2 года назад +5

    Always enjoy your Saturday morning videos!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Glad you like them! have a great weekend Jim Cheers 🍷🌺🍺

  • @Mike-ym6rl
    @Mike-ym6rl Год назад

    Thanks for sharing Tina and Norm.

  • @rosaannarilli4905
    @rosaannarilli4905 2 года назад +6

    Love watching your channel, you guys always have the best information! I always budget, it's the only way that works well for me on anything I do!😀👍

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Awesome! Thank you! have a great weekend Rosa Cheers 🍷🙂🌺

  • @annecramb2297
    @annecramb2297 Год назад +1

    Such wise words once again and delivered with your usual humour and warmth. Watching your posts has given me confidence to travel more & to consider longer winter breaks in places like Portugal. Really hope you enjoyed your Edinburgh trip!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад +1

      Thanks Anne, we had a great time in Edinburgh, we tracked down Norm's birthplace!

  • @tobyo99
    @tobyo99 2 года назад +1

    Love your videos! You two are so positive and always wear nice shirts 🤗 We have no travel budget, sort of because Covid interrupted our plans. So I just decided for this year we would spend a little bit traveling. first trip is next week! yay!! Thanks again for your upbeat and informative videos. 👍

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +2

      Thanks so much toby, congratulations on your first trip have a great time. 😀😀

  • @kathiparshall8094
    @kathiparshall8094 2 года назад +8

    It's so wonderful you are doing this for yourselves. I never thought of making a travel budget for when we will be able to travel (I recently retired, but my husband still works at our business). It's not in the cards for us yet, but that is something to plan for. My parents traveled quit a bit when they retired and it made them very happy too. BTW, love your Saturday videos!

  • @rosiegirl7112
    @rosiegirl7112 2 года назад +2

    You guys have done an excellent job with your travelling and budgeting. We love getting deals also but there is less of them now so you do need to act fast and commit to it which is a little scary sometimes. I agree with you about cruises, would love to book one but it is still not in my comfort zone yet. Glad to hear that you will be back to Portugal. We are getting our UK trip lined up for the spring and beginning to plan trips to get out of the winter. Have been doing all the local trips since the last year in Ontario and going eastward.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks Rosie! Yes the deals certainly became less but we are seeing better deals starting again. Like you we have had fun exploring our area on Ontario! Thanks for watching.

  • @lindamorrison1505
    @lindamorrison1505 2 года назад +6

    Thank you for the honest and straightforward video. We are in our 50's and in the planning stages. It was great to hear how much you spend and how much travel you've been able to do for that. I think that you've done amazing with how much you have travelled on that budget!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks Linda with careful research it's possible to do a lot of travel with this budget. Thanks for watching.

  • @jaf7765
    @jaf7765 2 года назад +2

    We are all ready to travel! See you in Portugal this winter!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Sounds great! we are planning to be there maybe 2 or 3 months Cheers 🍷🇵🇹🇨🇦🌺

  • @elizabethgriffith2702
    @elizabethgriffith2702 2 года назад +2

    Another interesting video. Thank you. A group of us are following your lead and heading to Portugal for a month next February. We’ve each booked apartment at an apart hotel called Grand Mutha Oura Beach club. Hope it’s in a good spot.

  • @benyablonski6278
    @benyablonski6278 2 года назад +3

    We look forward to your video, tips, thoughts experience

  • @kirstenlaird5060
    @kirstenlaird5060 7 месяцев назад +1

    I love this video. Very informative. Thank you!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  7 месяцев назад

      You are so welcome! have a great weekend Cheers 🍁🇨🇦🥂

  • @rachelwalsh4378
    @rachelwalsh4378 2 года назад +1

    Great video Tina & Norm 🏴󠁧󠁢󠁷󠁬󠁳󠁿🍻 🇨🇦

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks Rachel have a great weekend Cheers 🍷🏴󠁧󠁢󠁷󠁬󠁳󠁿🇨🇦🙂

  • @phildodd5532
    @phildodd5532 2 года назад +4

    Great information, guys ! Somewhat "shocking" but very interesting. 😁 Thanks ! More detailed information on travel companies, etc. would really be of benefit here, as you guys have definitely made some great decisions. 🤠😎❤

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks Phil we will see what we can do, thanks for watching. 😀😀

  • @annehenderson462
    @annehenderson462 Год назад +1

    Brilliant. I will be looking for more tips.

  • @melissabickham8877
    @melissabickham8877 2 года назад +10

    Enjoying your tips and experience. Still 15 years away from retirement but saving now and getting ideas.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Wonderful thanks for watching have a great weekend Cheers 🍷🌺🙂

  • @carlosassuncao2380
    @carlosassuncao2380 2 года назад +3

    i've became adicted to meet you every saturday... Nice to see you.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Wow, thank you have a wonderful weekend Carlos Cheers 🍷🌺🙂

  • @maryjoan4128
    @maryjoan4128 2 года назад +5

    Thank you... due to the covid and stock market fears...I have really had to reevaluate things..but it's great to discuss

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We agree Maryjoan it has been difficult, one advantage to Covid was money saved from staying home.

  • @PlanetImo
    @PlanetImo 2 года назад +1

    Oooooh I'm so looklng forward to your Portugal vlogs again. I'm fantasising about going this autumn but I'm not sure if that will end up being a realiity. Depends on gigs and Izzy... she can't get time off in term time for holidays now, so our el cheapo last minute deals we usually do are much harder to come by. We managed to have 5 days in Lloret de Mar, Spain for about £330 a head in the Easter holiday which included flights, transfers, accomodation and food and drink on an all inclusive basis. So pretty good for during school holidays. It scratched the travel/holiday itch somehwhat but has mainly whetted my appetite for more.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      It sounded like a great trip Imo and pretty good price too glad you all enjoyed it have a wonderful week 🍷🌞🌺

  • @bettyboohadapoo
    @bettyboohadapoo 2 года назад +1

    Really enjoy watching thanks heaps

  • @brianwhite1189
    @brianwhite1189 2 года назад +2

    Very inspiring to be talking about traveling again. I'm so ready! Cheers from rainy Seattle.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We need to move forward Brian cheers from a really hot 🥵 29° in Ontario 🍷🌺🍺

    • @brianwhite1189
      @brianwhite1189 2 года назад

      @@ThisIsOurRetirement Sounds wonderful!

  • @ourfamilyvideos7283
    @ourfamilyvideos7283 2 года назад +2

    Love y’all. Here in the states, Covid is creeping back up…not good for the summertime..we had a LONG winter and gas prices are almost $5 a gallon.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Oh wow! gas prices are creeping up here too over $2 a litre today not seen that for a long time Cheers 🍷🇺🇸🇨🇦🙂

  • @caroleanne8529
    @caroleanne8529 9 месяцев назад +1

    I'm watching this video a year after you posted it and am amazed (well not really) at how much prices have increased. The advice you give is still pertinent, though.

  • @sulemanpiracha8123
    @sulemanpiracha8123 Год назад +1

    Hi Tina and Norm- Love your Videos- We don't have that much budget for travel as you have, but we end-up spending same kind of money on travels as you- It is hard for us to stick to our budget, and always have been-

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      Sounds great! sometimes it’s hard to keep to budget with travel Suleman Cheers 🌺🍷🌺

  • @andrewmoorhouse687
    @andrewmoorhouse687 2 года назад +8

    Just booked a week in Porto. It’s our first time there, but we visited Lisbon 3 years ago and loved it, so hoping for the same. Already enjoyed a week in Venice this year. It’s time to get traveling again I think. Both holidays were booked through EasyJet by the way, here in the U.K. and their package deals of flight and hotel seem real bargains, especially if you’re lucky enough to be retired and so can travel any days you feel like. We often go during the week and that’s much cheaper than weekend to weekend. Looking forward to more adventures this year. Take care guys. Really enjoying your channel.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Sounds great Andrew , we have been to Porto for a week it’s a nice place we were there during the Sao Joao festival 🥳 Cheers 🍷🇬🇧🇨🇦🍺

  • @retirementbootcampoff-grid237
    @retirementbootcampoff-grid237 2 года назад +3

    Love the scarf, Teen! Adds a splash of color and lights up your face. 🙋

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks so much thought spring was coming and travel is coming Cheers 🍷🌺🙂

  • @kv7654
    @kv7654 Год назад +1

    I love your travel budget!! That’s what we’re planning to spend on travel each year when we retire. 👏🏻

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад +1

      It works for us, we just have to ramp up after the two year layoff

  • @BoldandGraceful
    @BoldandGraceful 2 года назад +1

    Great advice !!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Glad you think so! have a wonderful weekend Grace Cheers 🍷🌺🙂🇵🇹🇨🇦

  • @elsajohnson6663
    @elsajohnson6663 2 года назад +5

    This was great, we also budgeted $25,000 per year for 10 years and I doubt we will go over. So that is comforting to know we are likely average! Thankyou! Your videos are always helpful!

  • @DA-my7lc
    @DA-my7lc 2 года назад +1

    I enjoy your videos. Would you please consider doing a video on taking and selling photos?

  • @JP-tq7ni
    @JP-tq7ni 2 года назад +18

    Thank you both for your weekly podcast on interesting subjects. For those not interested in cruises. Possible to spend 3 winter months in Portugal on a very reasonable budget. As has been described many times by Norm and Tina’s own travelling. I -solo seventy-ish years old- spend 2 to 3 months in Portugal in winter. Their off season. Flight return 750 canadian dollars. reserved in early Fall. Lodging either rental apartment or private room in a hostel is not more than 900$ to 1k canadian per month in winter. Food is not much more expensive than what is budgeted at home including a few restaurants and take out. So I dont include food in my budget. So many take outs there. Pizzeria. Bistros. like at home. Not using the car saves on gaz normally spent at home. Bus and trains discounts for seniors in Portugal. Restaurants offer daily specials. Really: travel budget can be modest and very affordable. Thanks Tina and Norm. And Happy travelling to all🌻

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks JP you have summed everything up very well

    • @tobyo99
      @tobyo99 2 года назад +2

      that sounds great! we're considering doing something like that but in southern Spain.

  • @user-dv8bs7tb5c
    @user-dv8bs7tb5c 2 года назад +1

    I'm excited to hear your numbers!

  • @vinylmartini3377
    @vinylmartini3377 2 года назад +2

    Hi guys. Great video as always. Our travel budget is around the Canadian average you mentioned. Pre Covid (😡😡) we would typically spend a month in Hawaii (splitting the cost of a condo with my wife’s sister) and another month in the summer doing a long road trip in the US. In April of 2020 we had booked a beautiful cruise through the Panama Canal. Obviously we had to cancel because of the pandemic. Princess gave us a full refund ($10,000) and a voucher for the same amount for a future cruise. We have rebooked a Mexican cruise for late December of this year, which is going to cost us nothing. Fingers crossed on that one. We are about your age and want to travel while we’re able. Losing two years of travelling hasn’t been easy, but we tried to make the best of it. Cheers, looking forward to your next video.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Sounds like you were well looked after by Princess which is nice , we have done 2 Princess cruises 🚢 and liked both we hope you enjoy your cruise. We also agree loosing two years of travel has been hard especially as we have the health at the moment Cheers 🍷🚢🌺🙂

  • @catherinerios5909
    @catherinerios5909 2 года назад +1

    I love love love all your videos😍

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks so much Catherine glad you enjoy them we appreciate your support Cheers 🍷🙂🌺

  • @markdraper4087
    @markdraper4087 Год назад +2

    Can't believe I somehow missed this video 3 months ago. Another excellent one. I absolutely love your idea of putting the money away in a high interest savings account so that regardless of the markets, your travel(any hobby) money is safe and accessible.

  • @mariapinto5385
    @mariapinto5385 2 года назад +3

    We're in central Florida and things are opening up here again. We can afford a week-long cruise and a short vacation every year. We go dancing twice a month at at local restaurant that has wonderful live bands and take trips on Sunrail that now reaches from Daytona Beach to Poinciana and will go to Disney in a year or two. Our local senior center is doing trips again and we've got a great happy hour at our favorite restaurant. I think the secret is to be in a place with enough offerings nearby.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We agree Maria be open to new experiences and keep moving! Thanks for sharing your plans.

  • @joyorr9430
    @joyorr9430 9 месяцев назад +1

    Love your scarf Tina😊

  • @sabrinaliu66
    @sabrinaliu66 2 года назад +1

    love this beautiful duet

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks so much Sabrina have a wonderful weekend Cheers 🍷🙂🌺

  • @elsie2
    @elsie2 2 года назад +1

    Thanks for sharing, no ticket shock here, our budget is around the same as being in Australia it's costly to get some where. Also do it while you're healthy and can walk all those cobblestones!!!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks for watching have a great weekend Cheers 🍷🌺🙂

  • @SandraClarke
    @SandraClarke 2 года назад +2

    Hello Tina and Norm, I'm a long time viewer of your RUclips channel and enjoy every episode! Thank you. We are in Ontario too. Townhouse in Mississauga and an off-the-grid cabin between Bancroft and Haliburton. My husband, Gary, retired this month. He's 62. I'm 57 and semi-retiremed. Gary planned to retire at 61, but our daughter, Emily, age 27, died last year due to heart transplant complications. We postponed Gary's retirement one year and thought it best not make any big decisions during our first year of grieving. We have a 22 year old son who lives with us and probably will for years as he has high functioning autism and selective mutism. The 3 of us, and Emily's dog Rocco, moved to the cabin for the summer to raise chickens and I will be working part-time at the art gallery in Haliburton until late August. We will sell the chickens and take a month long road trip in September to Florida to visit family, stay at Universal Studios, camp at Disney's Fort Wilderness, and snorkel in the Keys. I also work remotely as a travel agent and art teacher. Here's the thing -- Gary is panicked about stocks and mutual funds in decline. How are you dealing with current high inflation and investments tanking? Thanks so much! Sandra

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      As an overall pattern Sandra stocks go up and down , we feel when they go down we buy on pullbacks and our CIBC shares just did a stock split so we have double the stocks now . We keep a chunk of money 💰 in high interest savings accounts to keep things spread out .Even if stocks decline we still get dividends if you are really unsure you should seek financial advise from a professional Cheers 🍷🙂🌺

  • @stelladugas245
    @stelladugas245 2 года назад +3

    Tina and Norm...we are really enjoying your RUclips videos. We are 3 couples getting ready to go to Lisbon, the Algarve and Porto. We are taking in every piece of advise that you are sharing...thank you. We too would like to start travelling more again....can you please share the sites that you have joined to receive notices about vacation deals. I have joined Travel Zoo and Azores Getaways so far....are there more? Thanks again...looking forward to your next video.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Hello Stella, there is Air Transat, Air Canada Vacations, Portugal Getaways and research on Expedia and Hotels dot com. We used to use AirBnB but have found their pricing has increased too much. Have a great time in Portugal.

  • @frenchyqbec
    @frenchyqbec Год назад +1

    Thank's for the infos, not a lot of people like to talk about there budget, very helpful... Are you guys going to continu your videos will in Portugal ? Hope so !!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      Glad you enjoy them yes we are hoping to be back in Portugal 🇵🇹 in the winter Cheers 🍷🇵🇹🇨🇦🌺

  • @RetiredLovingIt
    @RetiredLovingIt 2 года назад +2

    We won’t always have the good health to travel so we have to do it while you can. Always good content guys!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +2

      Thanks guys for watching have a great weekend Cheers 🍷🇺🇸🇨🇦🍺

  • @dianegordon9103
    @dianegordon9103 2 года назад +1

    Hi Tina and Norm, you forgot to mention New Zealand in places to travel. You only mentioned Australia but you had a photo of cruising and it had Auckland city in the background. I live in New Zealand and would love to have you both visit again. The exchange rate is really good with the Canadian dollar equal to $1.23 NZ dollars.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Hi Diane we had a wonderful cruise 🚢 to New Zealand and Australia, only problem was we wished we had stayed longer , also we had our first ✈️ flight on Air New Zealand and that was probably one of the best flights we have had we would love to come back Cheers 🍷🌺🙂

  • @ATJHTRAVELS
    @ATJHTRAVELS 2 года назад +1

    Great as always sledgehammered that like button stay safe awesome and blessed shared out

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks, you too! enjoy your weekend Cheers 🍷🇺🇸🇨🇦🌺

  • @alkubbo1291
    @alkubbo1291 2 года назад +5

    Since my wife finally retired on April this year, we sold our Chicagoland home and moved down to the St. Augustine area (Northern Florida) - but we are just renting a house. This month I was given the permanent residency in Panama so we are planning to spend Florida's hot and humid months (i.e. hurricane season) there and start the process of residency for Emma as well. (It will allow us to embrace the culture and the language.)
    Note that from Orlando Intl Airport to Panama City is only a 3.5 hour flight and from there to Guayaquil, Ecuador about 2 hours.
    As a result, we decided to use Panama (also renting there) as a springboard to exploring Ecuador, Peru, Chile and Paraguay but we will know more if the actual costs will match the $11,000 per year budget after the proverbial 'dust settles'. Both wifey and I truly enjoy your videos... :D

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +3

      Hi Al this sounds wonderful, the Panama retirement visa is very generous and healthcare is excellent and very affordable. You are going to have some great adventures, thanks to you both for watching our videos we appreciate you.

  • @mikimotomikimoto
    @mikimotomikimoto 2 года назад +1

    Hi there, thanks for this next video, it's awesome too. Let me give you a tip , idea for another video:
    How about packing, preparing for long time holiday as Portugal? What should people put in suitcase , luggage , or bag , bags ?
    what do you think? Thankx

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Thanks for the suggestion Have a great week Cheers 🍷🌺🙂

  • @scottprice4813
    @scottprice4813 2 года назад +8

    I have a suggestion - your experience cruising where you highlight what itineraries you feel were best to trade up for a premium cabin and those where you felt you made the right decision with more budget accommodation .

  • @davidhankins5708
    @davidhankins5708 2 года назад +2

    I know you have to be comfortable to start back up. My brother and his wife have been on 4 cruises since they opened back up.
    Everyone has to be vaccinated and pass a covid test so many hours prior to their boarding. It is as safe as can be. You guys are in great shape and on all the cruises my brothers been on no one has acquired covid. I just hate to see you guys giving up so much you only have so much time left to enjoy your life's. Take care!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +3

      Thanks for your comment David although your brother has had good experiences many are still catching Covid on cruises 🚢 so we don’t feel comfortable yet . We don’t feel it’s that safe yet so we are good with what we are doing Cheers 🍷🌺🙂

  • @deanpapadopoulos3314
    @deanpapadopoulos3314 2 года назад +3

    Thank you for the calm discussion about budgeting versus real expenditures on travel. We become smarter at the travel hobby, and the value increases. I like the way you explained that food costs are not added to the budget, as we would be eating at home as well. I imagine the same is true for petrol. Thank you for this point. I thought your alert systems for deals was pretty cool. Thank you for sharing this. I like to take my line item cost for airfare and divide it by my projected number of days away from home. I add this to my accommodation costs and ground transportation costs. If the daily average is above $100 USD, I don’t bite. Either I consider lengthening my stay, or I search for a different flight. If the line items of flight and ground transportation are bargained for, everything else is a wash (balances out). I always learn from your presentation, and I enjoy your passion for life and for living.
    Lastly, $25,000 plus any costs to keep your present home humming while you travel (maximum $500 USD per month) is $31,000 per year or $2,384 per month (I use the accurate 13 months [365 days divided by 28 days - i.e., 4 complete weeks]. Divided by two people is $1,197 per person per month [$2,384 divided by 2 people - i.e., Tina and Norm]. All these details to make the simple point from your presentation and for myself and for anyone who reads this: It isn’t any more expensive to travel than it is to pay North American prices for what could be had for at much lower prices in interesting and warm cities in other countries. Thank you for helping me to further crystallize this fact about the true cost of traveling.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Hi Dean, Great to hear from you again what a great comment, we are learning from you as well. The flight and accommodation at $100 per day is a great target. We believe we are substantially below that, we are going to sit down and run some numbers from previous trips to get an accurate figure!
      We really like maintaining a home base because eventually travel will be over for us but we will still have a nice affordable place to live.
      Fantastic comment Dean thanks so much for sharing these ideas.

    • @deanpapadopoulos3314
      @deanpapadopoulos3314 2 года назад +2

      You’re most welcome. It’s very rewarding to know that I have made a contribution to your journey as well. I have a place to that I’ll hold on to. I’m a homebody at my core and love being able to return to my bed and to my routines. Someone else said it best: ‘I fluctuate between a hermit and a nomad,’…that’s me. I believe it’s our minimalistic and unpretentious life that allows to afford travel. And, travel develops our character and our skills and our confidence like no other hobby or passion. Thank you for your warm response and thank you for sharing so honestly and so humbly your knowledge and experience.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +2

      Yes we sound very similar home bodies and travellers together, we love visiting new places it’s exciting but then we love it when we come home 🏡 Thanks for being with us and we appreciate your support have a great weekend Cheers 🍷🇺🇸🌺🇨🇦🙂

  • @beinthealgarve5934
    @beinthealgarve5934 2 года назад +4

    Hi Norm & Tina , thanks for sharing your Holiday budget strategy, again a very interesting video - I would be cautious to simply multiply 25K by 10 as current situation shows that everything is more and more expensive so I would add probably + 3 to 5% each year to be safe ; -) nevertheless you did not spend your whole budget during the last 2 years so you should find easily some spare money to spend haha. Let us know when you are in the Algarve next, it would be nice to meet up.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      We are hoping to be there this Winter for 2 or 3 months can’t wait to be back there Cheers 🍷🇵🇹🇨🇦🌺

  • @paulhunter6652
    @paulhunter6652 2 года назад +1

    Everything costs more now. May have to look at the discount travel adventures and explore the Azores and Algarve. Had some Portuguese tarts from the Waterloo Market on Thursday. The Thursday market is a great outing and not crowded like Saturday.
    Thanks for the great tips. Travel safe.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Yes covid seems to have impacted prices, Portugal still seems to be reasonable. Is the market St Jacobs?

    • @paulhunter6652
      @paulhunter6652 2 года назад +1

      @@ThisIsOurRetirement Covid, war, inflation, fuel costs, supply chain, labour shortages and on and on…difficult travel times for everyone. Yes, The St. Jacobs Market. Have you been?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      @@paulhunter6652 Yes we have but a long time ago we need to go back Cheers 🍷🇵🇹🇨🇦🌺

  • @Australia_and_beyond.
    @Australia_and_beyond. 2 года назад +1

    Looking forwards to seeing your forthcoming travel adventures! Thank you Tina & Norm. 😎

  • @janecopeland2306
    @janecopeland2306 2 года назад +5

    I just went on my first trip in 2 years --- from Alberta to Ontario! I did all the Covid things --- masked, hand sanitizer, etc. First segment of the trip was to Thunder Bay to visit my mother. I flew into Toronto for an overnight and that evening, got notification that my mother's residence had a Covid outbreak and was on lockdown. Cancel that week of the trip. Luckily I could stay with family in Toronto. Next up ... few days in Ottawa to visit a friend. Got back from there, started feeling unwell next day -- YUP, I had caught Covid. So, was in seclusion for 10 days (had to miss seeing my grandchildren, extend my stay till I tested negative, etc., etc.). Quite the adventure!!! I'm only grateful that it happened at "home" where I have family. I can't imagine that happening overseas and the added cost to the trip. Love your vlogs. So informative!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Oh wow Jane sorry to hear you caught Covid and all your problems especially when you did all the right things . Even harder being your first trip in 2 years that’s were are now other than visiting our trailer we haven’t been on a trip either . Hope you are feeling better soon we wish you all the best 🍷🌺

  • @mhollick63
    @mhollick63 2 года назад +5

    Our retirement changed with a diagnosis of cancer. Now we travel more and our travel budget has gone up.

  • @scott1441
    @scott1441 2 года назад +4

    My wife and I like to travel at least twice a year, we try to keep it simple -cruises or tour vacations, and a few days on a farm - so 8,000 US dollars annually. You guys take extensive vacations and travel more than us. At times, last minute travel plans can generate great cost savings i.e cruises .Best always

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Sounds great Scott , in our first 5 years we wanted to travel everywhere and it was wonderful of course Covid put a stop 🛑 to that have a great weekend Cheers 🍷🇺🇸🇨🇦🙂

    • @scott1441
      @scott1441 2 года назад

      Maybe we will cross paths someday in our travels

  • @garcia4062
    @garcia4062 2 года назад +1

    Gracias!!

  • @barbaragullap3789
    @barbaragullap3789 2 года назад +3

    Another great one Tina& Norm, any Ideas for the solo traveler, are there accommodations for the single traveler in the Algarve?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      We are not sure Barbara thanks for watching Cheers 🍷🇵🇹🇨🇦🙂

    • @barbaragullap3789
      @barbaragullap3789 2 года назад +1

      Thank you see you next Saturday.

  • @acajudi100
    @acajudi100 2 года назад +2

    I did my travels from age 20-73. I visited all 50 states, Mexico, Indonesia, Spain, Morocco etc. etc. I am now retired in Queretaro, Mexico.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Sounds wonderful thanks for sharing Cheers 🇲🇽🍷🌺🙂🇨🇦

  • @johnharper3909
    @johnharper3909 2 года назад +1

    It's me again!Whilst i live in Thailand,in S.E.Asia,I highly recommend Vietnam (Hoi-an is my favourite)Laos (Luang Branang-No.1) and Bali

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks for sharing! have a great weekend John Cheers 🍷🙂🌺🍺

  • @UncleBuckle50
    @UncleBuckle50 2 года назад +4

    Sometimes I travel to the refrigerator

  • @macdaddymgiarc
    @macdaddymgiarc 2 года назад +5

    Another enjoyable video, so thanks to you both! How many days out of the country do you get (or do you hope to get) for that $25,000? Or do you just choose the $25,000 and whatever you get out of the country, is what you get.
    Another way for me to plan for my retirement is to say " I want to be out of Canada Nov 1 to April 30 each year" and figure out what that costs. Or pick an amount of cash and spend til it is done.
    Thank you again!
    PS off to Terceira next week thanks to your videos and encouragement to find great deals :-)

  • @qwincyq6412
    @qwincyq6412 2 года назад +2

    Some tips on how you find these bargain vacations would be very welcome. Also perhaps sometime you could talk about solo travellers and how they cope. Are there ways in which solo vacationers can be matched up with each other? I have a bucket list of places I’d like to see before it’s too late but it all seems rather lonely and daunting. As the great comedian W.C. Fields once said “I’d like to see Paris before I die. Philadelphia would do”.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      It is hard for us to talk about single travel , as we are a couple but companies like Azores getaways do solo trips and some cruise ships 🚢 will give you the option to share with another solo . Cheers 🌺🚢🙂🍷

  • @allannicholls585
    @allannicholls585 Год назад +1

    when did you go to Gulf Shores AB ,great place for a winter vacation, we been many times.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      We went in November Allan and had a great time there Cheers 🇺🇸🍷🇨🇦🍺🙂

  • @edubermudez
    @edubermudez 2 года назад +2

    Good job as always couple, jeje😁👍, cheers and health my dears friends💕 💯🍻🤓👍

  • @helenhall3705
    @helenhall3705 2 года назад +1

    Good morning from Australia. Like you, we’ve been home too long and are excitedly preparing for our first international trip in three years, leaving on 4 June. We’re travelling to the UK to visit family & friends, taking a cruise in Norway and a roadtrip in France. I’m embarrassed to say that we’re probably spending all the travel money we’ve saved during the pandemic. We generally budget around $30K AUD = approx $28K CAD.
    Living where we do, airfares take up a deal of our budget. We are like you and once we get to our destination, we are fairly budget minded.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Good morning Helen 🇦🇺your trip sounds amazing and don’t think you should worry about the cost 💲, we hear you being home for 2-3 years has been really hard for us all have a great time Cheers 🍷🇦🇺🇨🇦🌺✈️

  • @martincowie4277
    @martincowie4277 2 года назад

    I wasn’t useing all my travel fund so I started flying business class with the excess. It has totally changed my enjoyment of the holiday I even look forward to the flight home. 😎😎😎

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Great to hear! we are going to do that as well ✈️Martin Cheers 🍷🌺🍺

  • @hemacdonald400
    @hemacdonald400 2 года назад +3

    Like you, we have put cruising on the back burner. We keep looking at going back to Europe but haven’t been able to pull the trigger. Would love to hear how you made the decision to “hit the road” again, and to where? You said Portugal next winter, but where will you go now that you have made the decision to really travel again?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Hi Holly we are driving to Alabama to a condo on Orange Beach this fall. Still traveling to our trailer in Ontario, weather is awesome.

  • @bobbierthornton4498
    @bobbierthornton4498 2 года назад +1

    Great channel! What are the discount travel sites you use?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We have used Tripadvisor , Expedia and we use Google a lot Cheers 🍷🌺🙂

  • @Jocantral
    @Jocantral 2 года назад +3

    Thanks for this very interesting video. And always thank you for reminding me to do what we can while we can (and while we still want to!). That is important because sometimes, as we age, we cannot cope with all the airport hassles etc. On a completely separate note, we were attending a family game night, watching the Leafs play. Nephew and his girlfriend were telling us about their planned upcoming trip to Portugal. So I directed them to your site. They are most interested. So much good info. Cheers.

  • @murraytown4
    @murraytown4 2 года назад +12

    My travel budget (as a single person) has always been just shy of $11K. I contribute monthly so holidays are always all paid for in advance. No hangover Visa bills! I’ve never spent it all but will this year. Travel is unfortunately very expensive flying solo.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Sound like a great plan ✈️Murray enjoy your weekend Cheers 🍷🌺🙂

    • @skyluke2445
      @skyluke2445 2 года назад

      Murray you make a good point for solo vs couple rates very different plus it helps to have $250k in pure cash as a slush fund... exception these days

    • @kevinrobinson2745
      @kevinrobinson2745 2 года назад

      Especially in the cruise sector. Not so bad doing solo trips

  • @jaynefosbery7517
    @jaynefosbery7517 2 года назад +4

    Two weeks till retirement:) Thanks for all your information

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Wonderful! we wish you a great retirement Jayne Cheers 🍷🌺🙂

  • @PlanetImo
    @PlanetImo 2 года назад +1

    WOWEEE! My annual travel budget is around £660 for me and Iz combined! Plus a little bit of cafe spending out there, but not much else.

    • @PlanetImo
      @PlanetImo 2 года назад +3

      Your travel budet is more than my annual household income 😂

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      It has taken us a lifetime to reach our budget Cheers 🍷🌺🙂

  • @petearmstrong2778
    @petearmstrong2778 2 года назад +1

    Sounds like cabin fever and ready to hit the road again! Sounds like a Country & Western song 😉

  • @salmaabdulmajeed9888
    @salmaabdulmajeed9888 Год назад +2

    Mrs. Tena you’re a Adorable person naturally, Thank you.

  • @donnaallgaier-lamberti3933
    @donnaallgaier-lamberti3933 Год назад +1

    $25,000 PER YEAR- OMG!! We found a fairly inexpensive way to vacation. We rent a rustic cabin on Lake Michigan in a State Park about 5 hours from our home for four days. Including our gas and the cabin rental we only spend $500.00 for our trip. We like to hike, kayak, bird watch, beach walk, photograph cook on a camp stove or an open fire and have beach fires at night. We are simple people and like a simple outdoor vacations. $250,000 was our ENTIRE retirement savings we have to live on!!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      Thanks for sharing Donna your trip in the State Park sounds wonderful Cheers 🇺🇸🍷🇨🇦🍺

  • @desertfish6239
    @desertfish6239 2 года назад +1

    Finally using airline points to fly free this summer and getting a discount on rental car. Trying to decide whether to use AirBnb, or hotel. Need to check my hotel points.

  • @elvdell5582
    @elvdell5582 Год назад +1

    Cruises are expensive. This one very much depends on your type of travel style. We like cheaper locations, and longer stays. We like staying among locals vs resorts. All of these things really add to or subtract from expensive travel. Those discount deals are fantastic when you can find them. I remember when they were everywhere but here in the states, they get hard to find. You two have been very fortunate with your retirement setup.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад

      Thanks for watching and Happy travelling El Cheers 🇺🇸🍷🚂✈️🚢🇨🇦

  • @johnyjsl9219
    @johnyjsl9219 2 года назад +1

    Info on the travel companies that share deals pls ! Thanks 🙏

  • @Bob-yh7ir
    @Bob-yh7ir 2 года назад +1

    We are budgeting 20K or so for our yearly travels. Seems to be the sweet spot for us.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      You will get great travel memories with that Bob have a great time Cheers 🍷🌺🙂✈️

  • @chrishudson7
    @chrishudson7 Год назад

    Thank you for your very helpful videos, both on travel and on Portugal. My wife and I, who are regular retired travelers, are also headed to Albufeira for January and February. The only thing we still need to find is an inexpensive auto rental--any recommendations?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  Год назад +1

      We don't believe a cheap car rental exists anymore due to covid. Have fun in Albufeira.

    • @chrishudson7
      @chrishudson7 Год назад

      Thank You! That's probably true, but I keep looking.

  • @julespea9793
    @julespea9793 2 года назад +2

    Wow I am so shocked at the average travel budgets... That's what i would spend in a normal year when working.. when i retire i would expect to triple it not do the same. Like you we plan to take much longer vacations and travel further afield. I am looking forward to our first cruise!!! Tina and Norma when staying away for a longer period do you sublet your appartment if so any advice on this

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Wow then that’s a great budget ! no we do not sublet our apartment as it is our home 🏡 Cheers 🍷🌺🙂

  • @oldbloke204
    @oldbloke204 2 года назад +3

    Travel budget?
    Zero and it's looking like a week away camping for me and a couple of nights a few hours away for both of us might be about it this year.
    We've never been interested in travel but we have been making our home more pleasant and the fact that we live in a top tourist area as well is nice.
    There are some places I wouldn't mind seeing but the effort and cost involved mean we can't be bothered.
    It's nice that every day is a holiday if you live in the right place.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Thanks for watching have a wonderful weekend Cheers 🍷🌺🙂

  • @IamaDutch-Kiwi
    @IamaDutch-Kiwi 2 года назад +3

    Portugal awaits. I'm with you on the cruise feeling. Just seems less safe than a flight, being with the same people for shorter period on the plane. My only long haul on the ocean waves was in 1967 between Auckland New Zealand to Rotterdam via the Suez canal ( just prior to its closure during the war there). I love road trips ( as you may have read) and short flights are OK - though the proces due to the recovery after the pandemic and now the oil shortage due to the devastatingly sad and diabolic situation in the Ukraine. Now I have written that traveling plans seem so trivial. Enfin, life does go on and we are allowed to embrace it. Enjoy the week ( and the trailer?) Have fun. ✈️ 🍷 🤩 💖 🇳🇿 🙋‍♀️ 🇳🇱

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Lovely comment Anita thanks for sharing, we are at the trailer and have had days of 29° very hot 🥵 and 🌞 sunny we are enjoying the break . Had lunch on the beach on Friday at Kincardine a lovely town near here Cheers 🍷🇳🇱🇨🇦🌺🙂

    • @IamaDutch-Kiwi
      @IamaDutch-Kiwi 2 года назад

      @@ThisIsOurRetirement here in the Pyrenees in the top 20 range. The accomodation is fantastic with thick stone walls and shutters. I’m suffering in silence and awe. The view is amazing. 🌸🍺🥵🇳🇿🙋‍♀️🇳🇱

  • @henjak448
    @henjak448 2 года назад +3

    Hello to both of you. In your opinion what would be the best time of year to visit the Azores. Thank you

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Any time as the climate is good all year round , we were there in December and had a great time Cheers 🍷🌺🙂

  • @petercallaghan4718
    @petercallaghan4718 2 года назад +2

    I think maybe great advice for N America residents, and generally good to make the most of opportunities, though probably much easier for Europeans who can travel to many continental countries much less expensively, especially last minute travel (which can be spontaneous and very interesting). Quality and destination can still be first class … arrived in Malta for a week at top hotel and extended to two weeks at a modest cost and low cost change to budget airline return date. It would have been just as easy to get the ferry to Italy for an extra week or two. For Europeans I think flexibility and imagination are key to making the best of travel and holidays.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      Yes you are right Peter travel in Europe is easier, quicker and cheaper. We are starting to plan a base in Europe and travel on multiple trips without coming back to Canada. Thanks for sharing your thoughts.

  • @williampeddle3360
    @williampeddle3360 2 года назад +2

    Do you have your Portugal trip booked yet? Thank you

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      No not yet William we are starting to look for an apartment 🇵🇹haven’t found one yet 🤔have a nice weekend Cheers 🍷🌺🍺

  • @rustykatt3870
    @rustykatt3870 2 года назад +2

    Not sure if they all do, but travel insurance I have researched have all asked if people will have their provincial health care plan. Maybe there are some plans that don't demand this. I have not seen it.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      We always have travel insurance Rusty ours covers us provincially too Cheers 🍷🙂🍺

  • @BoninBrighton
    @BoninBrighton Месяц назад +1

    Since Covid travel costs 1/3rd more so our annual budget has jumped!

  • @TheAngela2C
    @TheAngela2C 2 года назад +1

    Thank you Guys, great info as always. My husband is retired, but I am still working and making about 100.000 CAD a year. So we are planning our travel budget at 50-60.000 a year. Do you have any recommendations for bigger travel budget? We still want to spend wisely and have fun for every dollar spent :-)

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад +1

      We will take a number of “cheaper” trips Angela to make our budget go further but we will also fly business class on long haul flights. The main thing we found was start traveling and see how it works out and adjust accordingly as you gain experience.

  • @trauddien2250
    @trauddien2250 2 года назад +2

    It’s great to hear from both your perspectives… I’ve just turned 50 this year and start seriously looking into planning for my retirement. Wish you all good luck. You both can afford the expensive Mayonnaise and butter given how much money you have saved for the past 2 years due to the pandemic 😂

  • @Dutchy-1168
    @Dutchy-1168 2 года назад +2

    Travel in your home of ( I think ) Ontario , you can deduct cost of Motels and save 20% ….”basically “

  • @robinmanser
    @robinmanser 2 года назад +1

    what websie do you use for travel deals. you mentioned travel zoo, and Getaways?

  • @GORetireandGOGrey
    @GORetireandGOGrey 2 года назад +1

    "Best job ever" I love it.

  • @silchan3196
    @silchan3196 2 года назад

    Good Morning Norm and Tina. This is my 2nd time watching the same video. I guess I don't budget. I just spend what I need. After 2 years of non traveling, I plan to treat myself to a luxury tour on SilverSea or Regent for 24 days in Europe next year. I am thinking of staying in Porto and Lisbon for a month or two. Do you use airbnb? Any nice area you would recommend and best months to go? Thanks again for your energy and smile.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  2 года назад

      Sounds like a wonderful cruise 🚢 Sil we have used Airbnb but have noticed recently as we are looking at Portugal 🇵🇹 for Winter a service charge of around $350 has appeared on quotes , so we will try other sites for deals . Have a great weekend Cheers 🍷🇵🇹🇨🇦🙂

    • @silchan3196
      @silchan3196 2 года назад

      @@ThisIsOurRetirement service charge...this must be new. perhaps to make up for the loss of money during covid. Thanks for your reply