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.
You can collect on your own Social Security benefits and your spouse's benefit. 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.
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
John Howe, Inc. - Copyright 2010