Americans want to travel in retirement because they recognize the physical and mental benefits of traveling, but they are not saving enough to make this goal a reality, according to a report by the Global Coalition on Aging and Transamerica Center for Retirement Studies.
The survey showed that 59 percent of Americans dream of traveling during retirement, and 69 percent say that travel is an important goal worth saving for. Only 44 percent have given a retirement travel savings plan any attention and only 15 percent have placed a high priority on saving for travel.
Only 18 percent have factored travel into their financial strategy for retirement, the survey found.
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