AICPA Finds Economic Worries Delay Life Decisions

Approximately four out of 10 American adults are postponing making major life decisions either because they haven't saved enough money or they're worried about the U.S. economy, according to a recent poll conducted for the American Institute of CPAs by Harris Interactive.

Decisions involving home ownership, higher education, marriage, children, medical procedures and retirement are among those Americans are fretting over. Eleven percent more adults are postponing such decisions compared to a year ago.

The survey found that 28 percent are postponing these life decisions because of a lack of savings, while 18 percent pointed to concerns about the economic state of the U.S. Fifty-four percent expressed a pessimistic outlook about the year ahead. The survey polled 1,026 Americans over the age of 18.

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