1. Procrastination
As you get older, you will be faced with many decisions you’ll need to make, and because of this, procrastination is one of the worst habits to carry into retirement.
The worst part is that most of the decisions you will face in the future are vital ones. For example, a delay in drafting a will can cause a lot of unnecessary trouble, which could have been easily avoided if you hadn’t procrastinated.
According to the 2023 Wills and Estate Planning Study, more than half of Americans who are older than 55 do not have a will. As time passes, your opportunity to draft your will is constantly decreasing.
In the long term, postponing decisions about insurance plans, estate planning, or other retirement demands may result in increased expenses or losses of money.
If you choose to procrastinate, nothing good will happen. Maybe you think that you will feel more relaxed in the moment, but are you really? The more you procrastinate, the more stress you will accumulate, and in the end, this will destroy your health. Tasks will accumulate, and you will start to feel overwhelmed.
Set deadlines, prioritize your work, collaborate with a professional or estate planner who will hold you responsible, and take one job at a time to ensure consistent progress.
Never forget that procrastination is definitely one of the worst habits to carry into retirement!
