Would you like to have sustainable living standards after your retirement? Maybe it is high time you started social security planning.

There are many things you should be thinking about when planning your retirement like; when you retire, the risk of the stock market, spending too much on housing later in life, and much more. Understanding social security and retirement planning from an economic point of view can help you raise your living standards without working more.

In this episode of the Secure Your Retirement podcast, we have Laurence Kotlikoff, a professor of economics at Boston University, author, and has got a wealth of knowledge on social security/retirement planning. Listen in to learn the difference between social security and retirement planning and why the former should be taken after the latter.

In this episode, find out:

• How Covid is going to shift in the coming months and why you should avoid the forthcoming inflation.
• How Lawrence got into social security planning and the products he offers on the same subject.
• Alternative paths to take to ensure you suspend your retirement payout until 70 years to get more value.
• Understanding the existing social security benefits and all that is attached to them.
• Things to be very careful about when it comes to your social security money.
• Why you should take your social security money second after your retirement money to adjust for risk.
• How to use your non-taxable money to pay off your debts and make retirement easier.
• Money Magic book – understanding the economic-financial planning for sustainable living standards plus other things.  
• How to figure out ways to raise your living standards without working more or longer.  

Tweetable Quotes:

• “Probably about 75% of people should wait until 70 to take their retirement and only about 6% are doing that.”- Laurence Kotlikoff
• “You could end up retired longer than you worked, so be very careful about when you retire.”- Laurence Kotlikoff

Get in Touch with Lawrence:

• Website: https://kotlikoff.net/

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.