Kotlikoff’s New Book

Most people are really bad at personal, financial planning. Among the mistakes: they save too little or they save too much; they buy the wrong amount of life insurance; they leave great sums of Social Security benefits on the table; they pay more in taxes than they should, etc.

The people who make these mistakes are not just ordinary folks. They include highly educated, sophisticated people – including virtually all economists and Wall Street analysts. They almost certainly include you, the reader.

So why do so many people get so many things wrong? Because financial planning is very, very complicated. To pick one example, Social Security has 2,728 rules governing 13 benefits. And the agency is unforgiving. It doesn’t give you money back once you discover your past mistakes.

Because financial planning is so difficult, most people make really important decisions without knowing the true costs of the choices they are making. Getting married, getting divorced deciding to have another child, quitting work to go back to school, retiring early – and these aren’t small decisions. They’re big ones.

Fortunately, help is at hand. Goodman Institute scholar Laurence Kotlikoff has written a must-read book that has valuable information for just about everybody. The book itself goes through the major mistakes people make that limit their income, increase their taxes, or subject them to unnecessary risk.

Then as a bonus, Kotlikoff invites you to take advantage of his online software package that sorts though all kinds of complicated issues that no human mind is able to master on its own.

If you don’t save more than the price of the book, there is something seriously wrong with you.