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 Question Thank you! Oops! Related Content Extended Care: A Patchwork of Possibilities What is your plan for health care during retirement? Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.