Take the guesswork out of financial decisions at every stage of life with Maxifi: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://maxifiplanner.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Designed by Economist Laurence Kotlikoff.

Professor Kotlikoff discusses pivotal aspects of social security and retirement planning with acclaimed expert Arun Muralidhar and former Maryland lieutenant governor Kathleen Townsend. Bringing an unparalleled wealth of knowledge and first-hand experience, Arun Muralidhar has an impressive background as a prominent figure in pension fund management, having steered the World Bank’s pension fund in the mid-90s. As a vocal advocate for retirement reform, Muralidhar brings critical insights drawn from his extensive work in global pension solutions. Kathleen Townsend, Maryland’s first female lieutenant governor and a long-standing advocate for retirement reform, shares her passionate views on policy changes necessary to support social security systems effectively.

Topics Covered:

• Investment Approaches for Social Security
• Taxation and Social Security
• Personal Security Accounts
• Global Pension Reforms and Innovations

Time Stamps:

• 00:00 Baby boomers face retirement financing and longevity.
• 05:55 Retirement blamed on individuals, not the system.
• 09:46 Managed World Bank's pension, advocated for reform.
• 13:27 Critique of Social Security and fiscal policy.
• 15:47 Discovering Social Security tax cap on income.
• 19:21 Post-war redistribution favors current generations, prompting inequality.
• 21:15 Address loopholes, promote incentives, coordinate fiscal programs.
• 26:48 Myra, retirement, bonds, Franco, steady consumption, continuity.
• 28:03 Brazil government issues bond in dollar terms. App calculates bonds needed for retirement.
• 33:46 Proposing long-term bonds for government's financial benefits.
• 36:44 Concerns about money going into infrastructure misuse.
• 39:44 Founded center to promote state-run retirement plans.
• 43:46 Promoting selfies for state-level treasuries and infrastructure.
• 46:07 Social Security's solvency viewed as major concern.
• 50:06 Issue with funding, twice as big problem.
• 53:54 Address poverty with major reforms and equity.
• 55:49 Global investment collectively secured for retirement pensions.

This discussion is not just an economic debate; it's about real-world impacts on everyday lives, aimed at providing listeners with a comprehensive understanding of potential reforms and their implications. Understanding these could shape your financial future and societal stance on aging and retirement.

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Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic.

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