Even as the April 15 tax deadline looms for individual retirement account contributions, American adults still spend more time selecting a restaurant for a special occasion than they allocate to planning their IRAs important investments.
TIAA-CREFs annual IRA survey, released this month, highlights that only 15% of the more 1,000 adults surveyed have allotted two or more hours to planning an IRA investment. Twenty-five percent of the sample said theyd instead spend that amount of time selecting a restaurant, 21% allocate this to buying a flat screen TV and 16% report buying a tablet took up this time.
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