Planning a Vacation vs. Retirement
20%: Amount of investors who spend more time planning for retirement than vacations
Investors rarely consider retirement planning an enjoyable activity, but it is still extremely important. And few people make it a top priority. When BlackRock's Investor Watch™ survey asked investors to rank activities in order of how much time they spent on each in the past year, only 20% of respondents put retirement planning at the top of the list. Planning for retirement came behind exercising at the gym (29%) and planning vacations (30%).
Of course, in the new world of investing retirement has become more challenging. It may not be a favorite activity, but it should still be a priority.
Source: BlackRock Investor Watch™ survey, Fall 2012
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