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man and woman looking pensive For emergency funds, planners say workers should have six months’ worth of essential expenses set aside—which sounds fine, till you add it up and realize that, according to a recent Bankrate report, that amounts to about $23,000 for the average household living in a major metropolitan area. (Photo: Shutterstock)

Regrets? Americans have a few. But one financial regret that is the biggest for 18 percent of Americans is not saving earlier for retirement.

A new survey from Bankrate.com finds that not only do Americans have financial regrets, but they’re procrastinating in addressing the issue, whatever it is. In fact, a whopping 49 percent of those who do say they haven’t started to tackle it. Some plan to put it off indefinitely, with 25 percent saying they have no plans to address it; 19 percent think they’ll get around to it in the next year, while six percent say it will take them more than a year.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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