Economics Matters with Laurence Kotlikoff cover image

The Economics of Aging: Rick Miller's Approach to Retirement Planning

Economics Matters with Laurence Kotlikoff

CHAPTER

Navigating Retirement Planning Trade-Offs

Exploring how software tools aid in customizing spending patterns for retirement planning, emphasizing budget constraints and the balancing act between different expenditures like housing versus vacations. The chapter also delves into human psychology in financial decision-making, showcasing scenarios of clients making sacrifices for family planning despite financial constraints and the positive impact of expert advice on retirement strategies.

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