The Life-Is-Short Mindset, Retiring to Greece, Preparing for a Miles Devaluation, and More – Links

Spring Bridge with Pink Flowers - Spring

It’s interesting to see how people are reacting to the light at the end of the pandemic tunnel — some quality articles about retirement planning, your precious miles, the life-is-short mindset, and more.


Travel

What’s it like to retire and take off on a sailboat? – (Retirement Voices)

“ My advice to others in their retirement is to follow your passion and take a chance when the time is right. Don’t wait for the “perfect” time to follow your dreams because “perfect” never happens.”

A statement that rings true in the days of COVID.

Steps to get traveling in retirement right – (Real Simple)

Planning for a retirement filled with travel is half the fun. Here’s an article on how to do it right.

Are your miles about to be devalued? – (The Points Guy)

Unfortunately, you’re going to have to prepare for a devaluation. Now is not a good time to start hoarding miles. 

Have you been able to find a travel pillow that actually allows you to sleep on a plane? 2021 recommendations – (CNN)

I have had terrible luck finding the right travel pillow for international flights. Before my next long trip, I’m giving CNN’s top recommendation a try.


Retirement

Five retirement savings mistakes you’ll want to avoid – (Business Insider)

It’s hard to recover from a major mistake, so why not get it right the first time?

Greece Becoming a Prime Location for Ex-Pats – (In the Loop Travel)

Greece? Fantastic history, beautiful weather, and tremendous food…you could do worse.

Have you developed a life-is-short mindset? You’re not alone – (Bloomberg)

How could a year like 2020 not generate a change in mindset? Especially when the stock market increased the financial well-being of many pre-retirees.


Your questions about planning for retirement and travel answered. Where to go? What to do? How to plan it? How to afford it?

You’ll not only be signed up for my newsletter, but you’ll also get a PDF that shows you exactly what a comprehensive retirement plan for people who love to travel is all about. Thanks for reading!

 

 
 
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    20 Retirement Mistakes, Chartering a Superyacht, and Ex-Pat Living in Cyprus – Links

    Stone Bridge Over Rocky Stream

    I see a vaccine in my near future and my mind continues to wander toward travel dreams. Has your mind been drifting toward travel as well? Here are some ideas.


    Travel

    Stanley Tucci: Searching for Italy – (CNN travel)

    If you love Italy as much as I do (or travel in general), you have to watch the new Stanley Tucci show – Searching for Italy. It’s the travel show we all need during COVID. The actor visits different parts of the country exploring Italian cuisine, meeting up with food producers, chefs, and restaurant owners. You’ll never look at cheese, ham, or spaghetti the same way again. You can catch it on Sundays at 9 pm ET on CNN.

    European bucket-list travel – (Conde Nast Traveler)

    It’s looking more and more likely that European travel will have to wait until next year if you want to enjoy the summer there. The good news is you’ll have a whole year to refine your itinerary. Here are some ideas.

    Expat living in Europe: Have you ever thought of Cyprus? – (International Living)

    “Surrounded by the azure waters of the Mediterranean Sea, Cyprus has been on important trade routes since ancient times. Over the last 6,000, years nearly every major empire has occupied it at one time or another. Most have left something behind…”

    Events to put on your calendar if you think weird is great – (The Insatiable Traveler)

    If America needs anything after a year of COVID, it’s a return of unusual events.

    So, you want to charter a superyacht. Here’s what it will cost you – (elite traveler)

    “Below Deck” is my reality-show, guilty pleasure. Combine travel and the inner workings of a small business and I’m sold. A highlight of each show is the “tip meeting” where the crew receives a gratuity left by the just-departed charter guest. Part of the show’s intrigue is to see if the crew was richly rewarded, or stiffed for their efforts. But how much are these guests paying for their charter? This article explains all of the costs involved with the charter of your dreams.  


    Retirement

    These 20 retirement mistakes may cost you millions – (Nasdaq)

    The most important tip in this article is that you have to monitor your progress. Too many investors develop a financial plan and then file it away in a drawer. If you’re pulling it out and blowing the dust off ten years later it might be too late to course-correct.


    Your questions about planning for retirement and travel answered. Where to go? What to do? How to plan it? How to afford it?

    You’ll not only be signed up for my newsletter, but you’ll also get a PDF that shows you exactly what a comprehensive retirement plan for people who love to travel is all about. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    Is It Too Soon to Travel? – Links

    Deep Snow Path Bridge

    In case you couldn’t tell, I’m eyeing up a return to travel soon. And apparently, everyone else is too. I have been reading article after article about vaccinations and travel planning, so I decided to share the best ones with you. Also, don’t skip my latest article on health insurance and travel. You may not be covered when traveling internationally, and that can be an expensive mistake. 


    Travel

    Vaccinated seniors are in full vacation planning mode – (The New York Times)

    “In the (Virtuoso) study, 83 percent of respondents over 77 said they were more ready to travel in 2021 than in 2020, and 95 percent of the same group said they would wait to travel until they received their vaccine…” Hmm, I think we’re going to see an explosion in travel this year.

    Does a roving European retirement make sense for you? – (International Living)

    Slow travel through Europe can give you the best of both worlds – live like a local while also experiencing multiple countries at a relaxed pace. Does splitting time between the U.S. and Europe sound ideal? Here’s how to plan your roving European retirement.

    Planning an epic retirement trip – (Conde Nast Traveler)

    There’s a light at the end of the tunnel, and after emerging from the pandemic, it might be the perfect time to plan a “no-holds-barred vacation.” What kind of epic trips do you have in mind?

    2021 travel trends– enthusiasm for travel is building – (Travelpulse)

    The latest Travel Technology Association’s survey outlines current travel trends. The results indicate travelers are ready to go on a trip, although outdoor destinations and driving will remain popular. 


    Retirement

    Does My Health Insurance Cover International Travel? – (PBF)

    Have you put much thought into whether you’re covered for medical mishaps on your next international trip? This article discusses the different scenarios you might encounter and what to do if you find you’re not covered. If you’re on Original Medicare, this article is extremely important because if you’re traveling internationally it does not cover you. 

    Saving for retirement in your 50’s – it’s not too late – (Bankrate)

    So, saving for retirement hasn’t been at the top of your to-do list, and you wake up to find yourself 50 and a little bit behind. No need to panic! Here’s a list of 6 things to get you in better retirement shape.


    Your questions about planning for retirement and travel answered. Where to go? What to do? How to plan it? How to afford it?

    You’ll not only be signed up for my newsletter, but you’ll also get a PDF that shows you exactly what a comprehensive retirement plan for people who love to travel is all about. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    10 Amazing Retirement Locations, My Podcast Debut, and Living the Hallmark Christmas Movie Experience – Links

    Leaf covered path bridge

    My mind is definitely wandering toward travel if these links are any indication. I think it’s the knowledge that winter is upon us up north and I will be seeing way more of the inside of my home. This dread coupled with the promise of a vaccine before too long has me thinking about the next trip. What I’ve been reading:


    Retirement

    Find out where you measure up when it comes to 401k savings – (U.S. News & World Report)

    If you reach $1 million in your 401k by the time you retire, you’ll be ahead of the pack by many multiples. Start saving aggressively, and increase the amount every year. If you can meet the 401k max, you’ll be in good shape.

     

    The top 10 countries to retire in – (Business Insider)

    Have you ever dreamed about retiring overseas? It’s never too early to start scoping out potential locations.


    Investments

    I had the privilege of joining Kyle Hill, CFP®, on his podcast – Personal Finance from the Hill-Top. We talk about the basics of stocks, bonds, diversification, and more.


    Travel

    It’s going to be a long winter – embrace it! – (The Washington Post)

    “Friluftsliv…translates to open-air living and exemplifies the tradition of making time outdoors part of daily life — whatever the season.” Take it from the Norwegians, because they know how to do cold. When you get tired of the indoors this winter, make the outdoors your friend.

    19 hotels you’ll want to book just for the bathtub – (The Points Guy)

    I haven’t take a bath in 40 years. Yes, I said it! I’m solidly in the shower camp, but I could change my mind if I had these views.

    Towns to visit in Pennsylvania if you want to feel as if you’ve been dropped into a Hallmark Christmas Movie – (Travel Awaits)

    This might not be the best year for a Hallmark Christmas Movie experience, but save this link somewhere special, and when travel conditions improve, you’ll have a Christmas destination mapped out.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    How Much Do You Need to Retire (and Travel), What Makes You Happy in Retirement, and Soup – Links

    Path bridge through the woods with leaves turning colors

    Now that Halloween and Election Day have passed, is it too early to put up the Christmas tree? The old stand-by of waiting until Thanksgiving is over doesn’t seem to make sense in 2020. 

    The most common question I hear from people who reach out to my firm is – “How much do I need to retire?” I walk you through the process for do-it-yourselfers who want a quick answer. Also included below, the best of what I’ve been reading on retirement, travel, and, yes, soup. 


    Retirement

    How Much Do I Need to Retire (and Travel Like Royalty)? – (PBF)

    I walk you through a quick-and-dirty way of coming up with your number, using readily available online retirement calculators. If you’ve ever asked yourself – “How much do I need to retire?”, this is the article for you. If you enjoy traveling, I also discuss why it’s crucial to incorporate travel expenses into your budget before and after retirement.

    Over 55? Your retirement is more uncertain than ever before – (Forbes)

    It’s a warm and fuzzy feeling when you have a well-developed comprehensive financial plan. That is until your age 65 retirement suddenly, and without your consent, is forced upon you a decade early. Moral: always plan for retirement conservatively, erring on the side of an earlier than expected retirement. You may not have to retire at 55, but it’s nice to be prepared if it’s forced upon you.

    What makes you happy in retirement according to financial advisors? – (U.S. News & World Report)

    No earth-shattering surprises here, but a good reminder that it’s a mix of financial and social factors that will make you happy in retirement. If you ignore either side, your happiness will likely suffer.


    Travel

    Holiday Travel Report – (ThePointsGuy)

    Are you traveling for the holidays? Mix a little Mad Max with ER. Ok, it’s probably not going to be that bad, but I have to imagine stress will be elevated even more than usual, and everyone will be concerned about health.

    Financial Independence / Abbreviated Retirement – (New York Pilot)

    Think mini-retirement coupled with life-changing adventure. I believe we’re going to see a huge spike in this once the coronavirus is under control. We are all learning the valuable lesson of not waiting to do things you love. Do it now; you might not have a second chance.


    Soup

    26 soup ideas for the upcoming winter from around the world – (MSN)

    It’s that time of year! Are you ready to get your soup on! If you’re looking for ideas, here are 26 recipes to keep you warm.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    A Haunted Hotel, How to Deal With an Unexpected Retirement, and 34 of the Best Travel Podcasts – Links

    The figure of death walks across a pathbridge

    The next week is going to be action-packed with Halloween and the election. Take some time this weekend, turn off the onslaught of political ads, and enjoy the first full moon in 76 years! Enjoy it while you can, because you’ll be waiting for nineteen years to see the next one. Happy Halloween!


    Retirement

    “Paying too much attention to politics can be harmful to your wealth.” – (Forbes)

    Elections can be stressful times, and the stock market has a history of volatility during times of perceived uncertainty. However, if you’re investing for the long haul, you have nothing to worry about.


    Unexpected Retirement – (Vanguard)

    Unfortunately, many people don’t work as long as they had planned – especially given today’s coronavirus-fueled layoffs. Vanguard has put together a solid list of steps to take if this happens to you.


    Early Retirement – Steps to Take – (Forbes)

    Planning is easier when it’s broken into two phases – pre and post-retirement.


    Travel

    Staying in a Haunted Hotel – The Terror and the Humor – (PBF)

    Happy Halloween! Ever stay in a haunted hotel all alone? This is my story.


    34 of the best travel podcasts – (Travel Massive)

    If you’re looking for a travel podcast, I got you covered!


    Would you fly if everyone on the plane is tested for COVID before takeoff? – (CNBC)

    A vaccine would be fantastic, but small things like rapid-results testing add up and might be just as important to getting life back to normal.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    The Problem with Living on Social Security Alone, Longevity and Retirement Savings Disconnect, and Missing the Airport – Links

    A wooden bridge spans a small brook with colorful trees in the background

    I know you have other things on your mind right now, but don’t forget about retirement planning. If your only income is from social security, it’s going to be a lean ride.

    Are you missing the airport? Yeah, me too. There’s something about the energy, the potential, the anticipation of the next adventure.


    Retirement

    Can you live on social security alone? – (USA Today)

    Of course, it depends. But if you do, don’t expect much extravagance in your life. How you can supplement your retirement savings.


    The retirement savings disconnect – (Barrons)

    “Americans’ optimism about their longevity comes at a time when planning for retirement has become more complex.”

    Along with this longevity comes a healthier and more active retirement. Make sure your savings keep up with this new reality.


    Travel

    A lifelong traveler takes a journey inward – (The Washington Post)

    I hope that we will be able to travel, interact with, and witness the world again shortly. When we do, it will certainly seem strange. But when has travel not been strange?


    There’s a second wave of COVID-19, so be careful where you travel – (Chriselliotts.com)

    Use common sense and avoid crowds. The article contains some useful links if you’re researching a location. It’s going to be a long winter, folks.


    Missing the airport – (The Points Guy)

    I miss the buzz of an airport. I miss the mass of people in motion to see loved ones or going on vacation. I miss the anticipation of far-flung destinations. Now, if I could only get there without going through a metal detector.  


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
  • *Privacy policy: your email address is safe, and you will never receive SPAM.

     

    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    The Vanlife, the Emergency Fund and Struggling to Save for Retirement – Links

    3 Arch Path bridge in Greece, surrounded by fall trees

    Retirement

    Your friend and mine – the emergency fund – (PBF)

    Why start an emergency fund? My article for the week.


    How to avoid RMD mistakes – (Yahoo Finance)

    You’ve finally made it to retirement, and you’re looking forward to spending the hard-earned money you’ve been collecting for decades. Leave it to the government to make it a royal pain in the butt – the complexity of RMDs.


    Americans are struggling to save enough for retirement – (Forbes)

    Only read this if you have a strong stomach. The synopsis – you need to take retirement planning and savings into your own hands as the traditional aids such as pensions are disappearing. I can’t emphasize enough to save aggressively from a young age because you are ultimately responsible for your retirement standard of living.


    Francisco Cervelli retires – (CBS Sports)

    Francisco Cervelli was more than a catcher for the Pittsburgh Pirates; he was a colorful character the fans loved. I have no doubt it was the same in New York, Atlanta, and Miami. Some of his best years were spent with the Buccos, and I was fortunate to see him play more than a few times. His energy was always high, and his love of the game was always apparent. You didn’t need to be a Pirates fan, or a fan of baseball at all, to be swept up in his enthusiasm and fun-loving spirit.

    Unfortunately, he battled concussions throughout his time in baseball, and his retirement announcement is at least partially the result of this struggle. Cervelli has decided to put his health before his career, and I applaud him.

    I keep thinking that the current pandemic will go away one day, and everything will return to near-normal. However, as time goes by, the further away from our old normal we get. One thing that we won’t see is the ever-smiling Francisco Cervelli playing baseball.

    Good luck, Francisco!


    Travel

    The #VanLife – (TDAmeritrade)

    Have you been dreaming of the vanlife in retirement?


    Travel contests – (theLuxuryTravelExpert)

    Who doesn’t love free stuff! Ok, I’m usually not one to start signing up for free things on the internet, but I think this pandemic is taking its toll. The majority of these are only for U.K. residents, but there are a few in there for everyone else. A couple of free nights in Rome and five all-inclusive nights in Antigua jumped out at me. Caveat – don’t blame me if you get overwhelmed with emails after entering one of these.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
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    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    Don’t Wait to Save for Retirement and Can You Have Too Much Travel Insurance? – Links

    Stone path leading to a castle

    Retirement

    Common retirement mistakes – (The Retirement Manifesto)

    The danger of waiting to save for retirement is clear as 48% of retirees retired earlier than expected. This can lead to some significant shortfalls in the retirement bucket, including the travel portion. The moral of this story is to save often and early.


    What to do if you’re near retirement and get laid off – (Forbes)

    All too many people are suffering through untimely layoffs during the pandemic. Here’s what to do if you take this opportunity to retire. The same moral as above applies.


    Travel

    Resource Guide for Travelers – (PBF)

    I put together a comprehensive resource guide for travelers trying to decide when to hit the road again. If you’re like me, you’ve been ready for months. 


    How do you know if you have too much travel insurance? – (Forbes)

    There are thousands of articles telling you to load up on travel insurance, but only a handful that will walk you through the process of determining if you have too much. It was great to have the chance to contribute to Christopher Elliott’s article.


    30 of the Best Nature Views in the World – (TheSuiteLife)

    There’s no better place for social distancing than nature. And while you’re out there, it’s nice to have an unforgettable view. Of course, “out there” in this instance appears to be some rather posh digs, but beggars can’t be choosers.


    Are you aching for a road trip? Every state’s restrictions on interstate travel – (ValuePenguin)

    If you are like me, you’re dreaming about fall road trips. Unfortunately, not everyone wants you to visit their state. Here are each state’s restrictions.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
  • *Privacy policy: your email address is safe, and you will never receive SPAM.

     

    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.

    How Not to Screw Up Your HSA or Social Security, and Dogs May Help Us Travel Again – Links

    A wooden pathbridge fords a creek green field

    Retirement

    Beware the Bucket List – (PBF)

    Most people mention travel as one of the main things they would like to do in retirement, yet 67% don’t budget for it. If you’re a traveler, this lack of planning can be devastating to either your retirement savings or your retirement travel dreams. 


    No one tells you this about taking social security early – (fedsmith)

    This is why you need a financial advisor! (Extreme bias here.)


    In your 50’s? Time to reassess your retirement plan – (CNBC)

    You’re running out of time to course-correct.


    Not investing HSA funds is a huge mistake – (USA Today)

    An HSA could be one of the best retirement accounts in your arsenal.


    Travel

    Coronavirus sniffing dogs – (AP News)

    A vaccine would be fantastic, but until then, steps like this will go a long way to getting us back to some sort of “normal” travel environment. I wonder if it would be possible to just walk around all day with one of these dogs?


    Travel wipes out ethnocentricity – (The Washington Post)

    I have been a huge fan of Rick Steves ever since my first trip to Europe. His guides are never afraid to offer an opinion – a good interview during the pandemic.


    If you’d like to subscribe to my newsletter, you can do so below. You’ll also get a PDF that shows you exactly what a comprehensive retirement plan for travelers looks like. Thanks for reading!

     

     
     
  • *Privacy policy: your email address is safe, and you will never receive SPAM.

     

    Financial Advisor David Tuzzolino

    David Tuzzolino, CFA, CFP®, is the Founder and CEO of PathBridge Financial, a firm that specializes in providing comprehensive financial planning and investment management services for clients that are nearing retirement and love to travel.