Press and Reviews

One of the most sophisticated financial planning tools is based not only on mathematical factors but on economic-based decision making.

But there is room for a solution, Kotlikoff said. “But it has to be done carefully so Social Security doesn't lose money,” he said.

ESPlanner's [now known as MaxiFI Planner] life-cycle smoothing determines the highest possible living standard you can maintain for the rest of your life.

Delaying your Social Security is one of the best ways to expand your retirement income. Your monthly check from the government will often be three-quarters larger if you claim at 70 instead of at 62, said Laurence Kotlikoff, an economics professor at Boston University and the author of " Get What's Yours: The Secrets to Maxing Out Your Social Security ."