One of the greatest benefits of retirement is having the free time to do whatever you want or nothing at all! The market crash of 2007 has mired retirement savings for many baby boomers that are entering retirement less prepared than they had anticipated. Retirees finally have the time to travel to the many places they have dreamed of over the years. A recent survey from trusted housesitters found that 70% of retirees would like to travel twice as much as they currently do. 58% of those surveyed cite accommodation costs as being the largest factor hindering more travel. Finding a hotel room in large cities can get very pricey, especially when you add on hotel surcharges and city taxes. Not to worry, the internet has helped to give us many less expensive options when it comes to travel. Priceline.com has options for naming your own price on hotels and expedia.com can help you find the lowest prices available.
In the last few years new options have become available for travelers looking for better pricing or to stay in an entire home versus a hotel room. Homeaway.com and AirBNB.com have become great alternatives for finding great places to stay while you are traveling at a price that can be much lower than a typical hotel stay. Homeowners with pets have a difficult time covering their travel because boarding a pet can cost up to $400/week, on top of their travel expenses and house sitting costs.
A new sharing community has sprung up that baby boomers are starting to take notice of, Trustedhousesitters.com. This new company links pet lovers together; those that have a home and a pet that need sitting, and those that want to travel and stay for free, YES, stay for free. The free lodgings can be from a weekend to several months at a time. You can stay in houses across the world, from the beautiful French Riviera to tropical Puerto Rico and all over the United States; there is a house and pet to take care of virtually anywhere you would want to travel. There are some things you have to do and pay for, such as get a background check and a small monthly membership fee, but you can read all about it at trustedhousesitters.com . You may prefer to take a cruise or travel the traditional way; many of my clients will use a reverse mortgage to take a once in a lifetime trip, you can see what you would qualify for HERE, or you can call to find out at 877-567-7476.
Robert Snow Krepps, NMLS #255191, at HighTechLending Inc today to discuss how a reverse mortgage may be able to help you (877) 567 – 7476 or rkrepps@hightechlending.com .
HighTechLending Inc, NMLS # 7147, is an Equal Housing Lender. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.