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How to Afford Long-Term Travel in Retirement? 60 Budget Slow Travel Tips

Hey everyone! It’s Lidia and Jeff from RetireYoungTravelSmart.com. After eight years and 100+ countries of budget slow travel, we’ve learned a thing or two (or sixty!) about making the most of our retirement adventures without breaking the bank. We often get asked how we afford to travel for so long, and the truth is, it’s all about prioritizing experiences, traveling smart, and embracing the slow travel lifestyle.

This comprehensive guide is packed with our best budget slow travel tips, covering everything from finding affordable accommodation and flights to saving money on food, activities, and more. Whether you’re a seasoned traveler or just starting to plan your dream retirement trip, you’ll find actionable advice to help you travel longer, richer, and more affordably.

Table of Contents

  1. Planning and Preparation
  2. Finding Affordable Accommodation
  3. Saving Money on Flights
  4. Transportation on the Ground
  5. Food and Drink on a Budget
  6. Activities and Entertainment
  7. Staying Safe and Healthy
  8. Packing Smart
  9. Technology and Communication
  10. Mindset and Philosophy
  11. Conclusion
  12. Call to Action

1. Planning and Preparation:

  1. Embrace the Slow Travel Mindset: The longer you stay in one place, the more you’ll save on transportation and accommodation. Plus, you’ll have a richer, more immersive experience.
  2. Travel in the Shoulder Season: Avoid peak season crowds and prices by traveling in the spring or fall. The weather is often still pleasant, and you’ll find better deals.
  3. Be Flexible with Your Dates and Destinations: Flexibility is key to finding the best travel deals. Be open to different dates and destinations to take advantage of lower prices.
  4. Set a Realistic Budget: Track your expenses and be mindful of your spending. Use a budgeting app like YNAB or Mint.
  5. Research Visa Requirements: Avoid unexpected surprises and delays by researching visa requirements well in advance.
  6. Learn Basic Phrases: Knowing a few basic phrases in the local language can enhance your experience and sometimes even lead to better deals. Use apps like Rosetta Stone or Babbel.
  7. Notify Your Bank and Credit Card Companies: Let your bank and credit card companies know your travel dates to avoid having your cards blocked.
  8. Get Travel Insurance: Protect yourself from unexpected medical expenses, trip cancellations, and lost luggage. We recommend SafetyWing.
  9. International health insurance. For long term travel, get an international health insurance.
  10. Make Copies of Important Documents: Keep digital and physical copies of your passport, visa, travel insurance policy, and other important documents.
  11. Research Free Activities: Take advantage of free walking tours, parks, museums (on free admission days), and other free activities in your destination.

2. Finding Affordable Accommodation:

  1. House Sitting: Our #1 tip! Live rent-free in exchange for caring for someone’s home and pets. We use and recommend TrustedHousesitters.
  2. Home Exchange: Swap homes with someone else for a truly unique and affordable travel experience. We use https://www.homeexchange.com/ (Use code lidia-33697 to get some extra points)
  3. Long-Term Rentals: Staying in one place for a month or more often unlocks significant discounts on Airbnb and VRBO.
  4. Hostels: Many hostels offer private rooms at budget-friendly prices. Check out Hostelworld.
  5. Guesthouses and Local B&Bs: Often more affordable and authentic than large hotels.
  6. Consider Staying Outside the City Center: Accommodation in less touristy areas is often cheaper.
  7. Negotiate: Don’t be afraid to negotiate prices, especially for longer stays.
  8. Look for Amenities: Choose accommodations with kitchens to save money on food, and free Wi-Fi to stay connected.

3. Saving Money on Flights:

  1. Travel Hacking: Use credit card rewards, airline miles, and hotel points to earn free or discounted flights and accommodation.
  2. Be Flexible with Your Dates and Airports: Flying mid-week or to/from a less popular airport can often save you money.
  3. Use Flight Comparison Websites: Use sites like Skyscanner, Google Flights, and Momondo to compare prices and find the best deals.
  4. Consider Budget Airlines: Be aware of baggage fees and other extra charges.
  5. Sign Up for Flight Deal Alerts: Get notified of cheap flights and error fares.

4. Transportation on the Ground:

  1. Public Transportation: Utilize buses, trains, and metros whenever possible. It’s usually much cheaper than taxis or rental cars.
  2. Walk: Walking is a great way to explore a new place and get some exercise.
  3. Bike: Many cities have affordable bike rental programs.
  4. Ride-Sharing Apps: Use apps like Uber or Grab (in Southeast Asia) for affordable transportation (but compare prices with local taxis).
  5. Consider a Rail Pass: If you plan to do a lot of train travel in Europe, a Eurail pass might be a cost-effective option.

5. Food and Drink on a Budget:

  1. Cook Your Own Meals: Shop at local markets and cook at your accommodation. This is one of the best ways to save money and experience local cuisine.
  2. Embrace Street Food: In many parts of the world, street food is delicious, authentic, and incredibly affordable.
  3. Look for Lunch Specials: Many restaurants offer discounted “menú del día” or lunch specials.
  4. Drink Local Beverages: Local beer, wine, and spirits are often cheaper than imported drinks.
  5. Picnic: Pack your own lunch and snacks for day trips and outings.
  6. Avoid Tourist Traps: Restaurants in touristy areas are often overpriced. Venture a little further afield to find more authentic and affordable options.

6. Activities and Entertainment:

  1. Free Walking Tours: A great way to get oriented to a new city and learn about its history and culture.
  2. Parks and Beaches: Enjoy the natural beauty of your destination.
  3. Free Museum Days: Many museums offer free admission on certain days or evenings.
  4. Local Festivals and Events: Check local listings for free festivals, concerts, and other events.
  5. Connect with Locals: Locals can often provide tips on free or affordable things to do.

7. Staying Safe and Healthy:

  1. Be Aware of Your Surroundings: Pay attention to your surroundings and avoid risky areas.
  2. Don’t Flash Valuables: Keep your valuables secure and out of sight.
  3. Research Common Scams: Be aware of common scams targeting tourists in your destination.
  4. Learn Basic First Aid: Take a basic first aid course and carry a small first aid kit.
  5. Stay Hydrated: Drink plenty of water, especially in hot climates.
  6. Get Enough Sleep: Don’t underestimate the importance of rest, especially when adjusting to a new time zone.

8. Packing Smart:

  1. Pack Light: We travel with carry-on backpacks only! This saves money on baggage fees and makes it easier to get around.
  2. Choose Versatile Clothing: Pack clothes that can be mixed and matched and layered.
  3. Do Laundry Regularly: Wash your clothes frequently to avoid overpacking.
  4. Bring a Reusable Water Bottle: Save money and reduce plastic waste by bringing your own water bottle.

9. Technology and Communication:

  1. Local SIM Card: Buy a local SIM card for affordable data and calls.
  2. Download Offline Maps and Apps: Download maps, translation apps, and other useful resources before you go.
  3. Use Wi-Fi: Take advantage of free Wi-Fi in cafes, restaurants, and your accommodation.
  4. VPN: Consider using a VPN (Virtual Private Network) for added security and to access content that might be restricted in your destination.

10. Mindset and Philosophy:

  1. Embrace Spontaneity: Be open to changing your plans and going with the flow.
  2. Learn to Say No: Don’t feel pressured to do everything. Choose activities that align with your interests and budget.
  3. Connect with Other Travelers: Join online communities (like our Facebook group!) and meet other travelers in person.
  4. Be Patient: Things don’t always go according to plan when you’re traveling. Learn to be patient and adaptable.
  5. Enjoy the Journey: Slow travel is about savoring the experience, not just checking off destinations.
  6. Be Respectful: Learn about and respect local customs and traditions.

11. Conclusion:

Budget slow travel is an incredibly rewarding way to see the world, connect with different cultures, and live life to the fullest in retirement. By following these tips, you can make your travel dreams a reality without breaking the bank.

12. Call to Action:


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