Sunday, January 24, 2021

Have Funds But Less Travel for Baby Boomers

Did you know baby boomers (born between 1946-1964) spend nearly 160 billion dollars a year on travel?  Yes, I guess you could call us the cash crop of the industry.  If you break it down it means approximately 73 million of us spend around $6600 for every trip we take during the year---which is normally more than two.   

BUT--beginning January 26, some major changes by the Center for Disease Control (CDC) are being made as a result of COVID, which could seriously alter our travel plans.  If you plan to travel internationally, you will need to get tested no more than 3 days before you travel to or from the United States.  If you tested positive, you must show documentation of recovery (proof of a recent viral test and a letter from your healthcare provider or public health official stating that you were cleared to travel.  

The CDC also recommends that you get tested 3-5 days AFTER your international trip and then quarantine at home for at least 7 days even if you test negative.  If you refuse to get tested, it's recommended that you stay at home for at least 10 days after travel and isolate yourself from others for at least 14 days.  If course, we know that will be a challenge for those of you who believe COVID is a hoax or not all that serious. 

Will CDC provide information about international testing locations?

CDC is unable to provide information about locations and availability of testing in other countries. Check COVID-19 Country Specific Informationexternal icon for information on how and where to get tested in the country from which you are traveling or contact local authorities in that country.

Does an at home test qualify?

The Order requires a lab report to be presented to the airline or to public health officials upon request. A home specimen collection kit that is tested in a laboratory should meet the requirements, if such methods have been approved by the country’s national health authorities.

What is a verifiable test result?

A verifiable test result must be in the form of written documentation (paper or electronic copy) of a laboratory test result. Testing must be performed using a viral test (NAAT or antigen), and negative results must be presented to the airline prior to boarding. The test result documentation must include information that identifies the person, a specimen collection date and the type of test. A negative test result must show test was done within the 3 days before the flight. A positive test result must show the test was done within the 3 months before the flight.

Who is checking to make sure that people have a negative test or documentation of recovery before they board a plane to the US?

The airline will confirm a COVID-19 negative test result or documentation of recovery for all passengers before boarding.

So 2021 may be an excellent time to use our vacation funds for investments or just saving for a lavish trip in 2022.  What do you think?

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