CONTACTS: Phil DiIanni (Money): 212.522.6282 or Michael Brenner (ICR): 484-840-4300

MONEY MAGAZINE / ICR POLL: MAJORITY WOULD SAVE FOR RETIREMENT OVER VACATION SPLURGE

 

NEW YORK, NY [June 29, 2006] The majority of Americans (64%) would be happier to put money away for a more financially comfortable retirement rather than take an expensive, dream vacation over the next 12 months, this according to a recent Money/ICR poll of 1,010 Americans.

 

Three in ten Americans (30%) indicated they would rather take the expensive dream vacation.

 

Those more likely to choose a dream vacation over socking away money are more likely to have a higher education (35% college degree or higher) and live in a metropolitan area of the United States (31%).

 

 

About The Poll

The Money/ICR poll was conducted by telephone with a nationally representative sample of 1,010 Americans from June 14^th 18^th, 2006. The margin of error was plus or minus 3.08 percentage points.

The poll was conducted using ICRs telephone omnibus survey of adults age 18 and over. ICR is one of the nation's leading market and opinion research firms and is headquartered in Media, PA. For more information on this methodology please go to: http://www.icrsurvey.com.

MONEY, published by Time Inc., is the nations largest financial publication with a circulation of 1.9 million and a total readership over 7 million.

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