A Week Vacation or a Weak Retirement?

On the occasion of National Retirement Planning Week (April 11-15), AXA Equitable hopped a ferry to Liberty Island to explore a hunch that people are spending more time planning a few weeks’ vacation than preparing for their retirement ─ what some consider the ultimate holiday that could last decades.

“Life, Liberty and the Pursuit of Financial Freedom,” is set against the backdrop of the Statue of Liberty. With more than 47 million people visiting New York City on vacation, Lady Liberty is the 2nd most popular tourist attraction in New York .

We asked a few of the 15,000 people that visit the National Monument every day about their plans for financial freedom in their retirement.

Here’s what we found:

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About National Retirement Planning Week®
National Retirement Planning Week® is sponsored by The National Retirement Planning Coalition – a group of prominent financial industry, education and advocacy organizations that have joined together to raise public awareness of the need for comprehensive retirement planning. The Coalition, headed by the IRI, recognizes that the need to educate Americans on retirement planning is an ongoing effort and is committed to making this a national priority.

The National Retirement Planning Week® and other coalition activities will demonstrate that it is possible to “Retire On Your Terms” if comprehensive retirement plans are properly developed and managed. To support these education efforts, the coalition maintains a year-round website – www.retireonyourterms.org – offering resources to both consumers and financial professionals alike, in order to help them stay focused on long-term financial goals.

Statistic Source:
1 http://www.nycgo.com/?event=view.article&id=78912
2 http://nyharborparks.org/visit/stli-faq.html

The comments made in this video are not intended as investment or securities advice and do not constitute an offer or solicitation of any kind. AXA Equitable Life Insurance Company (AXA Equitable) (NY, NY) and AXA Advisors, LLC (member FINRA, SIPC) are affiliated companies and do not provide tax or legal advice.

GE-61876(04/11)