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Merrill Edge: Americans Feel Guilty About Not Saving for Future

Americans are feeling guilty about not investing enough over the past year, said Aron Levine, head of Preferred Banking and Merrill Edge at Bank of America.

Americans are feeling guilty about not investing enough over the past year, said Aron Levine, head of Preferred Banking and Merrill Edge at Bank of America. The guilt about not investing their money was even stronger than their feelings about what they ate or drank and not sharing enough time with loved ones, according to a Merrill Edge survey. Most respondents also did not believe other spending activities impacted their long-term financial goals. Finally, the survey revealed that millennials feel they are being held back from investing enough for retirement because of debts from unpaid student loans.

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