Call Us: (810) 522-6685 | Email Us: info@bfgwealthadvisors.com

Newsletter Insights

Your Weekly Dose of Diverse Insights

Travel Trends In 2023

Jun 8, 2023 | Unordered Content: Newsletters

Summer is approaching, and with it, the opportunity for workers to take time off using their PTO. However, according to travel fare aggregation platform Expedia’s annual study, most travelers still feel vacation-deprived, despite the rise of remote work. Expedia surveyed over 14,500 people globally and found that vacation deprivation overall is at a 10-year high, with financial challenges and busy schedules cited as impediments to taking adequate time off. US respondents reported feeling particularly vacation-deprived, with 63% of them saying they feel that way.

Although some employees mix business and leisure travel, this is not enough to make up for the lack of true vacations, which research has shown to be beneficial to employees. HR Brew reported that companies are starting to plan “workations” where employees can work in more exciting locales while also experiencing other cultures and collaborating with colleagues they might not see regularly.

While workers with “unlimited” time off used to take less vacation under more lenient policies, HR software company Namely’s study found that this is changing. Workers with unlimited PTO now take slightly more time off than those on traditional plans. Therefore, companies may want to consider reviewing their PTO policies to give employees the time off they need to recharge. In fact, nearly three-quarters (72%) of Americans said they would like their company to improve their time-off policies, according to Expedia.

How to Tell If a Phone Call or Email Is a Scam

How to Tell If a Phone Call or Email Is a Scam

Scams today are more sophisticated than ever. Whether it’s a friendly voice on the phone or an official-looking email in your inbox, scammers are experts at appearing legitimate. For pre-retirees and retirees in particular, these tactics often target your trust,...

read more
Creating a Simple Weekly Routine in Retirement

Creating a Simple Weekly Routine in Retirement

One of the most freeing aspects of retirement is the open calendar. Gone are the packed workweeks and tight deadlines. But for many retirees, the lack of structure can be both a blessing and a challenge. Without a rhythm to anchor your days, time can begin to blur,...

read more
How to Plan Weekly Meals Without the Stress

How to Plan Weekly Meals Without the Stress

For many retirees, cooking at home offers health benefits, cost savings, and the comfort of familiar flavors. But even with more free time, the daily question of “What’s for dinner?” can start to feel overwhelming. Without a plan, meals can become repetitive, rushed,...

read more
Creating New Traditions in Retirement

Creating New Traditions in Retirement

Retirement brings with it a shift in routines, priorities, and opportunities. While it often signals the end of longstanding habits tied to a career or raising a family, it also marks the beginning of something new—a chance to shape the rhythm of your days in a way...

read more
Bone and Joint Health in Retirement

Bone and Joint Health in Retirement

As individuals enter retirement, maintaining an active and independent lifestyle becomes increasingly important. However, the natural aging process can pose challenges to bone and joint health, impacting mobility and overall well-being. Bone density tends to decrease...

read more