Book Review- Money Magic (An Economic’s Secret To More Money, Less Risk, And A Better Life)
Title: Money Magic (An Economic’s Secret To More Money, Less Risk, And A Better Life)
Author: Laurence Kotlikoff
Place: United States Of America
Publisher: Little, Brown, 2022
Date of publication: January 2022
Description: Money Magic’s most powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning—the fruit of a century’s worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.
REVIEW
Money Magic is a book about business & economics, personal finance, and budgeting. Professor Laurence talks about the Secrets to Maxing Out Your Social Security, which 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 savvy based on economic common sense, not Wall Street snake oil. Money Magic offers a clear path to a richer, happier, and safer financial life. Whether you’re making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Kotlikoff provides a clear framework for readers of all ages and income levels to learn tricks like:
- How to choose a career to maximize your lifetime earnings (hint: you may want to consider picking up a plunger instead of a stethoscope).
- How to buy a superior education on the cheap and graduate debt-free.
- Why it’s smarter to cash out your IRA to pay off your mortgage.
- Why delaying retirement for two years can reap dividends and how to lower your average lifetime tax bracket
This book is recommended to gentlemen in business or pursuing careers, or family men that want to get it right in their finances now, later, and in the future.
The book is found in your bookshops today and on online books sites.
Other financial books by Laurence Kotlikoff: Spend till the end, Get what’s yours, The coming generational storm and so much more.
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