If you are seeking to travel the world during retirement, you’re certainly not alone. There is much planning involved in a travel-based retirement, so you should take the time to understand your own financial situation and the resources that you have available to support your extensive travel plans. Whether you are hoping to take multiple short trips or a more permanent life on the road, look at all of your savings, including social security, pensions, investments, and bank accounts. Consider a repositioning cruise, volunteering abroad, working as you go, or swapping houses with another traveler for creative ways to plan your world travels.
Click here to read the full article by Michelle Ullman for Investopedia.