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Many 50-75 year olds, some part of the baby boomer generation, are taking retirement gap year travel breaks, often as an extension/replacement of their holidays. Many have already travelled extensively as part of their work or may have missed out on a gap year, having worked for 30+ years in their careers. It is estimated that this market is 200,000 strong in the UK and growing.
They often have disposal wealth. Mortages paid off, cash in the bank and pensions to rely on. With time to spare, all options are possible. In addition, they have skills which are valuable assets worldwide, be it banking, medical, plumbing, management, housebuilding, medicine etc. These can be passed on, if the circumstances are right.
This section of gapadvice.org seeks to guide you through the process of finding your retirement gap.
Michael Lowe, a retired Managing Director, took a 2 months gap in Tanzania with Mondo Challenge. He worked on a Business Development project, which gives small grants to people suffering from HIV. He said ‘It is a very challenging time, at the beginning I didn’t think I would be able to adapt, but after a couple of weeks I felt like part of the community. There is so much opportunity to help and get involved’.
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