From the acclaimed behavioral economist Shlomo Benartzi, a powerful new approach to thinking smarter when making important life decisions.
Although we've been blessed with a very powerful thinking machine--our minds--there's good evidence that we don't like to think. In fact, one study showed that many people prefer electric shocks to reflecting on hard problems. Other studies show that when we do think, we often think too narrowly and too shallowly.
With these shortcomings, how can we be smarter about life situations like retirement? For example, once we've built up a financial nest egg, how can we become better thinkers about what to do with it?
To help us, behavioral economist Shlomo Benartzi introduces the notion of thinking architecture and thinking tools. In this book, he offers one such thinking tool -- a unique seven-step system called the Goal Planning System (GPS) -- and explains the science behind it.
When applied to retirement planning, this system helps readers identify what they value most, what they want to achieve in retirement and, ultimately, who they really are. Readers will then have a solid foundation upon which to build a plan that can help them attain their goals.
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|Size: ||349 KB|
|Date published: || 2015|
|ISBN: ||9780698195851 (DRM-EPUB)|
|Read Aloud: ||not allowed|
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