FYR036 An economics approach to financial planning with Laurence Kotlikoff

Professor of economics at Boston University Laurence Kotlikoff shares an economics approach to financial planning. Laurence Kotlikoff explains why economics matter, and how they can be applied to banking, personal finance, and retirement strategy. Professor Kotlikoff is a New York Times best-selling author and a frequent television and radio guest.  In 2014, The Economist named him one of the world’s 25 most influential economists. Professor Kotlikoff regularly features in the wall street journal, Bloomberg, Forbes, and yahoo finance. Timestamps: 0:00 to 1:15 Introduction 1:16 to 9:26 Professor Kotlikoff’s backstory, journey, and how he became a professor of economics. 9:27 to 17:59 A brief history of economic thought. 18:00 to 19:30 The application of economics to almost everything 19:31 to 27:34 Professor Kotlikoff’s solution to fix the banking system  27:35 to 35:95 An introduction to Maxifi financial planning software 35:96 to 43:58 An economist’s approach to personal finance 43:59 to 48:05 Professor Kotlikoff’s final thoughts and big takeaway for the episode 48:06 to 48:42 Wrap up Hope you enjoy the episode and have a great day. The FYR team. Helpful Links & Resources: Visit Laurence Kotlikoff’s website Visit MaxiFi Planning software Pre-order Money Magic here Follow Professor Kotlikoff on Twitter Follow Professor Kotlikoff on LinkedIn Visit Fund Your Retirement Website