A Mortal Sin of Retirement Planning: Procrastination


Putting off until tomorrow is jeopardizing many Americans’ retirements. According to a new survey from Bank of America and Merrill Edge, Americans are procrastinating when it comes to saving for retirement, even though the majority had set a 2015 goal of saving for retirement.

According to the latest Merrill Edge Report, 59% of the 1,000 respondents set saving for retirement as a 2015 financial goal. However, only 31% have achieved that same goal.

The survey found that bad money decisions are undermining the saving goals of many Americans, with 36% of respondents saying that “they wish they had stuck more to a budget in the last five years.”

To help our members make sure they achieve their retirement goals, AAII has published a number of articles on financial planning, including:

If you are not an AAII member but want unlimited access to AAII’s library of educational articles, simply take a risk-free 30-day Trial AAII Membership to start becoming an effective manager of your assets to achieve your financial goals.


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