SPEND til THE End
Reviews
and discussions of SPEND til THE END by Laurence Kotlikoff and Scott Burns
SPEND til THE END is
described as "The Revolutionary
Guide to Raising Your Living Standard--Today and When You Retire".
SPEND til THE END
shows that much of what is considered "conventional wisdom" is not
accurate. The book offers good economic advice instead of
"conventional wisdom", also called "rules of dumb".
Have you read that you should plan to have 75 -
85 percent of your preretirement income to spend after retirement? Have
you thought that was high? SPEND til THE END says 75 -
85 percent is most likely far too high and if you heed this conventional
wisdom you will save far too much. This book helps you find the
real amount you need for retirement, lower your savings goal, and enjoy
your life more before you retire.
Have you heard about "double dipping Social
Security"?
My wife and I can tell you about double dipping
from personal experience.
From this book, my wife and I learned that we were not maximizing our
combined Social Security benefits. Within one week after reading
about this, we signed up for
the unclaimed benefits ($19,200) and started receiving Social Security that we would
have otherwise "left on the table". Read about this on the
Gems of Wisdom page.
This 336 page book published by Simon and Schuster was released June
10, 2008. It is turning the financial planning world upside down.
In this book, Scott Burns and Dr. Kotlikoff have taken on the current financial management industry.
They maintain that much of what is considered conventional wisdom is
wrong. The authors offer good economic advice in place of
conventional wisdom.
Book Description
Rich or poor, young or old, high school or college grad, this book,
written by economist Laurence J. Kotlikoff and syndicated financial
columnist Scott Burns, can change your life for the better! If you follow
the advice in this book, it will raise your living standard (possibly by a
lot), improve your lifestyle, and help you spend 'til the end. And it will
completely transform your financial thinking, turning every bit of
conventional financial wisdom on its head.
If this sounds like a revolution in financial
planning, you got it. So do The New York Times, The Washington
Post, The Wall Street Journal, USA Today, Time,
Consumer Reports, and other top publications that have been
featuring the authors' economics-based "consumption smoothing" approach to
financial planning.
Spend 'Til the End substitutes economic
wisdom for the "rules of dumb" that currently pass for financial advice.
In the process it indicts the investment and financial-planning industry
for giving most people saving and insurance targets that are much too high
and then convincing them to invest in risky mutual funds and expensive
insurance policies. The result is that most people are scrimping and
saving during the years when they could be spending and enjoying their
money -- and with no sure payoff.
Easy to read, this book is packed with practical
and often shocking advice on whether to work, how to pick a career, which
job to take, where to live, what sort of house to buy, how much to save,
when to retire, which kind of retirement account to use, whether to have
kids, whether to divorce, when to take Social Security, how fast to spend
down your assets in retirement, and how to invest.
I highly recommend reading this revolutionary book.
It delivers what it promises. From what you learn from it, you will
truly
SPEND til THE END.
Read the Chapter Titles of
SPEND til THE END
to
get a feel
for its revolutionary content
Check out the Gems of
Wisdom |