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Are You Funding Your Retirement Dream?

Poll QuestionDreaming of sailing off into the sunset during your golden years?

Well, make sure you’ve saved enough to buy the boat.

A survey from the Global Coalition on Aging and the Transamerica Center for Retirement Studies reveals that, although Americans envision themselves traveling the world during retirement, few will have the funds to actually make it happen.

Just 15% of the 1,500 surveyed said saving for travel was a priority, even though 59% said it was their dream and 69% said it was a goal worth saving for.

Only 18% were actively and specifically saving to make that dream come true.

Sure, being able to take trips might not seem as important as, say, housing, food and health insurance when you’re a senior.

But really, we should all take a moment to contemplate what our dream is during retirement. Chances are good most people have some sort of a reward in mind for years and years of working hard.

While it may not be traversing the country or the world, stuff like endless rounds of golf are likely to add up, too.

Whatever it is, the key is making sure you’ll be able to afford it.

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Have you incorporated your retirement dream in your savings plan?
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