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Spend 'Til the End

The Revolutionary Guide to Raising Your Living Standard--Today and When You Retire

About The Book

Rich or poor, young or old, high school or college grad, this book, written by economist Laurence J. Kotlikoff and syndicated financial columnist Scott Burns, can change your life for the better! If you follow the advice in this book, it will raise your living standard (possibly by a lot), improve your lifestyle, and help you spend 'til the end. And it will completely transform your financial thinking, turning every bit of conventional financial wisdom on its head.

If this sounds like a revolution in financial planning, you got it. So do The New York Times, The Washington Post, The Wall Street Journal, USA Today, Time, Consumer Reports, and other top publications that have been featuring the authors' economics-based "consumption smoothing" approach to financial planning.

Spend 'Til the End substitutes economic wisdom for the "rules of dumb" that currently pass for financial advice. In the process it indicts the investment and financial-planning industry for giving most people saving and insurance targets that are much too high and then convincing them to invest in risky mutual funds and expensive insurance policies. The result is that most people are scrimping and saving during the years when they could be spending and enjoying their money -- and with no sure payoff.

Easy to read, this book is packed with practical and often shocking advice on whether to work, how to pick a career, which job to take, where to live, what sort of house to buy, how much to save, when to retire, which kind of retirement account to use, whether to have kids, whether to divorce, when to take Social Security, how fast to spend down your assets in retirement, and how to invest.

About The Authors

Photograph by Angela Tucker

Laurence J. Kotlikoff is a professor of economics at Boston University and president of Economic Security Planning, Inc. His company websites are and To learn more, visit

Photo Credit:

Scott Burns is a nationally syndicated personal finance columnist distributed by the Universal Press Syndicate. He is an M.I.T. graduate and the author or coauthor of three previous books. He is also a founder and the chief investment strategist of AssetBuilder, an internet-based asset management firm that delivers optimized risk-measured index portfolios for investors. His company website is

Product Details

  • Publisher: Simon & Schuster (June 10, 2008)
  • Length: 352 pages
  • ISBN13: 9781416579670

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Raves and Reviews

"Spend 'Til the End uses the revolutionary science of economic life-cycle planning to provide concrete and often surprising answers to the basic financial questions confronting every American. Imagine that: a book that will actually improve your standard of living." -- Philip DeMuth, Ph.D., managing director, Conservative Wealth Management LLC

"Even if you're one of those rare individuals who thinks that you've saved and planned well for your retirement, Spend 'Til the End has news for you. And if you're part of the vast majority who haven't, it may very well save your sorry, retired future." -- William J. Bernstein, cofounder, Efficient Frontier Advisors, and author of The Four Pillars of Investing and A Splendid Exchange

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More books from this author: Laurence J. Kotlikoff