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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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