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 When Do You Need a Will? When do you need a will? The answer is easy: Right Now. Filing Final Tax Returns for the Deceased The federal government requires deceased individuals to file a final income tax return. Your Changing Definition of Risk in Retirement A change in your mindset during retirement may drive changes to your portfolio.