
Larry Kotlikoff: US Economic Policy, Social Security & The US Debt Crisis
Money Tree Investing
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How to Predict When You're Going to Die
The data on social security payments. If you retire at age 66 or a, your full retirement age, whatever that might be, you will get 100 % of your full retirement benefit. The break even point means, at what point does it pay you to wait? In other words, if you're going die earlier, then you're better off taking your social security benefits sooner. And i want to talk about returns, because i am passionate about the statistical model of return to the mean. So we need to get beyond recency bias, which is an economic behavior, economic term for thinking that the recent past will continue into the future.
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