Economics Matters with Laurence Kotlikoff cover image

Famed Economics Journalist, Peter Coy, Interviews Me About Retirement Mistakes, Economics' vs Wall Street's Fin Planning, Fixing Social Security, and America's Insolvency

Economics Matters with Laurence Kotlikoff

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Mistakes in Retirement Planning

This chapter explores critical retirement planning mistakes, focusing on the risks of retiring early and the premature claiming of Social Security benefits. It underscores the need for thorough financial evaluation and preparation for worst-case scenarios, as well as the reliability of Social Security compared to personal investments during retirement. The conversation also examines the unpredictability of stock market performance, emphasizing the importance of strategic planning and the use of software tools for effective financial decision-making.

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