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Saving targets

appropriate saving targets

It's Your Living Standard!

The Future of Personal Finance

Retirement Goals Are Inflated, Professor Says

Four Keys to a Sustainable Retirement Plan

A 24-Year-Old Savings Junkie

New Financial Planning Software

Outspoken Thinker

Economist Laurence Kotlikoff wants financial planners to get new tools.

By ELLEN UZELAC

For years, Boston University economics professor Larry Kotlikoff has advocated for consumption smoothing — essentially creating a sustainable living standard that “smooths” out over a person’s lifetime. He’s even created a software solution that gets the job done.

But the advisory community has overall ignored the economist’s top counsel: that economics-based planning replace traditional financial planning. That could be changing.

Can You Afford to Retire?

Starving On $200,000 Income Is Easily Avoided

Worry-Free Retirement

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