When it comes to retirement planning, it’s easy to think that most of us fall into one of two categories: Those who work diligently at it, and those who don’t. But reality isn’t quite that clear-cut.
Consider this: The 2018 Wells Fargo Retirement Study found that those with a planning mindset—the tendency to use near- and longer-term investment planning and goal setting—were less likely to have high levels of financial stress. They also typically had three times more retirement savings than those without a planning mindset.
So the question to ask is: Are you a planner or a procrastinator? And what does either answer mean for the next steps you should consider with your retirement planning? Answer these five questions in our retirement quiz to find out.