ANCHOR LEAD: It's National Travel & Tourism Week and far from winding down in their golden years, today's retirees rate this time of life as being the most fun as they seek new travel experiences and adventure. But are they financially prepared for their travel goals? Brian Osuch has more. (:60)
SCRIPT: Lifestyles, I'm Brian Osuch. After a lifetime of punching the clock and meeting deadlines, a record number of Americans age 65+ are set to transition into retirement. Ken Dychtwald is Founder and CEO of Age Wave…
CUT: (Dychtwald) Today's retirees reject yesterday's model of old age. They see retirement as a time for new beginnings. In fact, 81% say they want "peak experiences" that give them lifetime memories, according to a new Merrill Lynch study.
SCRIPT: 77% of those surveyed say they want to travel and visit places they've never seen. Cyndi Hutchins is Financial Gerontologist for Merrill Lynch…
CUT: (Hutchins) The top places retirees want to travel to in the U.S. include Hawaii, New York and California. When it comes to travel activities, they want to go sightseeing, explore a city and take a cruise...
SCRIPT: But are retirees financially prepared to travel?
CUT: (Hutchins) Not as much as they need to be, two-thirds of retirees haven't budgeted for travel. Identifying leisure goals and creating a budget with the help of an advisor can make the most of these key years.
SCRIPT: For more, go to ML.com/leisure. That's Lifestyles from Merrill Lynch.
SCRIPT: Lifestyles, I'm Brian Osuch. After a lifetime of punching the clock and meeting deadlines, a record number of Americans age 65+ are set to transition into retirement. Ken Dychtwald is Founder and CEO of Age Wave…
CUT: (Dychtwald) Today's retirees reject yesterday's model of old age. They see retirement as a time for new beginnings. In fact, 81% say they want "peak experiences" that give them lifetime memories, according to a new Merrill Lynch study.
SCRIPT: 77% of those surveyed say they want to travel and visit places they've never seen. Cyndi Hutchins is Financial Gerontologist for Merrill Lynch…
CUT: (Hutchins) The top places retirees want to travel to in the U.S. include Hawaii, New York and California. When it comes to travel activities, they want to go sightseeing, explore a city and take a cruise...
SCRIPT: But are retirees financially prepared to travel?
CUT: (Hutchins) Not as much as they need to be, two-thirds of retirees haven't budgeted for travel. Identifying leisure goals and creating a budget with the help of an advisor can make the most of these key years.
SCRIPT: For more, go to ML.com/leisure. That's Lifestyles from Merrill Lynch.
