Wealth Advisor and Investment Analyst
Summertime rouses our desire to hit the road (or the airport) and travel. Here are a few things you’ll want to consider before you take off.
Employment Issues for Airlines: Airlines have canceled hundreds of flights due to staffing issues, part of an industry-wide work shortage. If you intend to fly this summer, plan for delays, cancellations, and other complications.1
High Gas Prices: The national average for gasoline prices hit $3.09 per gallon in June. As the summer months continue and hurricane season approaches, even higher prices are expected.2
The Delta Variant: While vaccination events are plentiful, the COVID-19 vaccines are not yet available to children under 12. While the Centers for Disease Control has relaxed mask-wearing guidelines, many Americans still take precautions due to the delta variant, gaining prominence among the COVID-19 cases in the United States. Families with children will likely want to weigh these risks if they plan to travel.3,4
This summer presents new travel challenges, as well as a few returning complications. Some hit the pocketbook, and others hit closer to home. Whether you elect to travel or take a “staycation” this year, relax with the assurance that we’re looking after you and your family on the financial front.
Bob Medler is a Registered Representative with securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. CA Insurance License #0C05523.
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1. CNBC.com, June 20, 2021
2. APNews.com, June 28, 2021
3. MarketWatch.com, June 29, 2021
4. ABCNews.go.com, June 18, 2021