Money Magic

Laurence Kotlikoff, one of the 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 sawy based on economic common sense, not Wall Street snake oil. Whether you’re making education, career, mar-riage, lifestyle, housing, investment, retirement, or Social Security decisions, Money Magic provides a clear framework for readers of all ages and income levels to learn tricks like: • Why it’s smart to cash out your IRA to pay off your mortgage • How to buy a superior education on the cheap and gradúate debt-free • How to choose a career to maximize your lifetime earnings (hint: You may want to consider picking up a plunger instead of a stethoscope) • Why delaying retirement for two years can reap dividends and how to lower your aver-age 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. Discover the economics approach to financial planning—the fruit of a cen-tury s worth of research by thousands of cloistered economic wizards whose now-accessible findings turn conventional financial advice on its head.