Money Magic
Laurence J. Kotlikoff
Laurence Kotlikoff, one of the nation's premier personal finance experts and coauthor of the New York Times bestseller Get What's Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money-magic tricks that will transform your financial future. Each trick shares a basic ingr...
Overview
Laurence Kotlikoff, one of the nation's premier personal finance experts and coauthor of the New York Times bestseller Get What's Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money-magic tricks that will transform your financial future. Each trick shares a basic ingredient for financial sawy based on economic common sense, not Wall Street snake oil. Whether you're making education, career, mar-riage, lifestyle, housing, investment, retirement, or Social Security decisions, Money Magic provides a clear framework for readers of all ages and income levels to learn tricks like: Why it's smart to cash out your IRA to pay off your mortgage How to buy a superior education on the cheap and gradúate debt-free How to choose a career to maximize your lifetime earnings (hint: You may want to consider picking up a plunger instead of a stethoscope) Why delaying retirement for two years can reap dividends and how to lower your aver-age lifetime tax bracket Money Magic´s most powerful act is transforming your financial thinking, explaining not just what to do but why to do it. Discover the economics approach to financial planning—the fruit of a cen-tury s worth of research by thousands of cloistered economic wizards whose now-accessible findings turn conventional financial advice on its head.
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