4. Financial Wisdom and RiskTravel is expensive, and travel after 70 is often more expensive. To travel safely and comfortably, seniors often need to pay for premium economy or business class to avoid Deep Vein Thrombosis (DVT), stay in centrally located hotels with elevators, and purchase comprehensive (and costly) travel insurance.From a financial planning perspective, the “Go-Go” years of retirement (60–70) are the time for big spends. The “Slow-Go” years (70–80) are often better served by preserving capital for potential long-term care or passing on an inheritance. Spending tens of thousands on a single trip may provide a temporary memory, but for some, the peace of mind of a robust savings account is more “luxurious” than a five-star hotel.A New Way to See the WorldAvoiding travel after 70 doesn’t mean becoming a hermit; it means traveling with intention.
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