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FISHING INFLUENCES RETIREMENT / VACATION / SPENDING
Fishing may be considered a sport to some, but to serious anglers, it is
a lifestyle that drives how they spend their money, where they vacation
and retire, and what they do in their free time, according to findings
from an online survey of 506 avid anglers commissioned by Honeywell.
As an industry, fishing has significant economic impact. Research
conducted by Southwick Associates, Inc., on behalf of the American
Sportfishing Association in January 2013 indicates that 33 million
anglers in the U.S. spend an estimated $48 billion per year on expenses
related to the sport, including equipment, transportation and lodging.
These expenditures support 828,000 jobs. Southwick Associates, a leading
research firm specializing in angling, also conducted Honeywell's recent
survey.
Anglers also indicated that fishing plays a big role in their vacation
and retirement plans: Seventy-one percent said that they have taken a
vacation where the primary purpose was to go on a fishing trip that
lasted a day or more. Advanced anglers were even more likely (87
percent) to have done so.
In addition:
• Of those anglers who have not planned a vacation where the primary
purpose was fishing, 79 percent reported that they occasionally or
frequently chose to spend time fishing on past vacations, even when
their travel companions didn't want to join them.
• Eighty-three percent of anglers who aren't retired indicate that they
plan to shape their retirement plans around the ability to fish, and 88
percent of those anglers say they would like to fish more often in
retirement than they currently do.
• Of anglers who are already retired, nearly all (96 percent) report
fishing as much, if not more, than they did before retirement.
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