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Money Magic

An Economist's Secrets to More Money, Less Risk, and a Better Life
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Money Magic by Laurence J Kotlikoff offers innovative strategies for handling finances, unlike traditional financial advice. The book aims to guide readers in making smarter monetary decisions by applying unconventional tactics for retirement planning, savings, and investments. The author, a renowned economist, mixes practical advice with economic insights to empower readers in achieving financial security and prosperity.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're looking for a practical guide to improving your financial future. With a focus on unconventional but highly effective financial strategies, it offers insights into optimizing your wealth management, retirement plans, and everyday budgeting for a more secure economic life.

Book Hero thinking about your next read

Increase your spending power, enhance your standard of living, and achieve financial independence with this "must-read" guide to money management (Jane Bryant Quinn).

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Laurence Kotlikoff, one of our nation's premier personal finance experts and coauthor of the New York Times bestseller Get What's Yours: The Secrets to Maxing Out Your Social Security, 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:

β€’ How to choose a career to maximize your lifetime earnings (hint: you may want to consider picking up a plunger instead of a stethoscope).

β€’ How to buy a superior education on the cheap and graduate debt-free.

β€’ Why it's smarter to cash out your IRA to pay off your mortgage.

β€’ Why delaying retirement for two years can reap dividends and how to lower your average lifetime tax bracket.

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 planningβ€”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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Laurence J. Kotlikoff is praised for offering thought-provoking and humorous economic advice in Money Magic. Reviewers highlight its counterintuitive financial tips and engaging style, emphasizing its capacity to transform one's financial life regardless of age. The book has been acclaimed for its comprehensive and witty insights, positioning it as not just informative but also an enjoyable read, with many considering it essential for anyone concerned about their financial future.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9780316541954

Publisher: Little, Brown & Company

Format: Hardback

Date Published: 10 February 2022

Country: United States

Imprint: Little, Brown & Company

Audience: General / adult

DIMENSIONS

Spine width: 30.0mm

Width: 160.0mm

Height: 238.0mm

Weight: 520g

Pages: 320

About the Author

Laurence Kotlikoff is a Professor of Economics at Boston University, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, President of Economic Security Planning, Inc., and Director of the Fiscal Analysis Center. Professor Kotlikoff has written 19 books and hundreds of professional articles and Op-Eds. He is a New York Times best-selling author and a frequent television and radio guest. His columns have appeared in The New York Times, The Wall Street Journal, The Financial Times, The Boston Globe, Bloomberg, Forbes, Yahoo.com, Fortune, and other major publications. In 2014,The Economist named him one of the world's 25 most influential economists.

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