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Thinking About Summer Travel Plans

Provided by Robert Medler, AIF®, CKA®, CMFC®, CRPC®
Wealth Advisor and Investment Analyst

This summer presents travel challenges.

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.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Citations
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

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