The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Immediate vs. Deferred Annuities Looking forward to retirement? It's critical to understand the difference between immediate and deferred annuities. Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. Long-Term-Care Needs Determine your potential long-term care needs and how long your current assets might last.