This Is Americans' No. 1 Financial Regret
It's not unusual to make a financial decision and bemoan it after the fact. Maybe you took on too much house. Maybe you racked up debt that cost you lots of money in interest. Or maybe you simply neglected your savings, and lost out on years of compounding that could've grown your money into a larger sum.
It's the latter that Americans are most likely to kick themselves over. In fact, in a new survey by New York Life, the No. 1 financial regret cited among U.S. adults is not saving for retirement. Not only that, but it took those surveyed an average of 11 years to recover from that mistake -- perhaps by ramping up their retirement plan contributions or taking other steps to make up for lost time.
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Source Fool.com
