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Consumption smoothing

Soliciting Risks

A Smoother Way to Save for Your Future

Financial Advisers Miss Mark by Ignoring Dynamic Method

Consumption smoothing puts savings goals within reach


We've criticized conventional financial planning from the beginning of this series. We've said the industry engages in target practice, promotes consumption disruption, solicits risk, provides quick but erroneous "solutions," and makes outrageously bad saving and insurance recommendations.

In short, we've suggested that advice-givers, particularly large marketing-driven financial institutions, are engaging in financial malpractice.

The Time to Plan Is Now

It's Time to Review Retirement Path

Getting an Economic Grip

Interview with Scott Burns on Spend 'Til the End

Recently I was given the opportunity to review the new book “Spend Til the End” by nationally syndicated financial columnist and author Scott Burns. In addition to being an accomplished writer, Scott is also the chief investment strategist for AssetBuilder where he advocates a low fee approach to investment management. As part of my review, I had a chance to interview Scott, find out more about him and his financial views as well as pose several questions that I had after reading the book.

Determining the Cost of Retiring Early

By Elaine Floyd, CFP
Aug. 31, 2006

Tracking pre-retirees' standard of living or consumption—rather than monitoring their savings—may be the best gauge of how much clients will need in retirement.
Related Articles

Retirement Planning for Two-Income Couples
Couples planning turns conventional wisdom on its head in some cases. Here are the lifestyle and financial questions you must consider to come up with a viable retirement strategy for your married clients.

Become a Retirement Income Specialist

The Sandwich Generation

Laurence J. Kotlikoff

I’m with you. I’m 57, face two college tuitions, spend time and money helping an older parent, and worry, particularly of late, where my investments are heading. But I’m also an economist with all the answers, right? Wrong. But I can suggest a few things.

You're Saving Enough for Retirement (Probably)

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