Plan to Travel a Lot in Retirement? Anticipate These Added Costs

Some people unfortunately enter retirement with very little savings. But if you're on the verge of retirement and you've got several million dollars socked away as a result of hard work, then you may be eager to do something you didn't have a lot of time to do while you were working: travel.

A lot of people struggle to travel during their younger years because they're constrained by time or money. During retirement, you might find yourself with an abundance of both. And if so, you might as well get out there and see the world. It's a good way to not only enjoy some fabulous experiences, but just as importantly, also keep busy, which could be essential for your mental health.

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Source Fool.com