Thursday, May 25, 2006

Bridget: 22/26: The Coming Generational Storm by Kotlikoff and Burns


This was a book that was required of us to read for one of my classes. If you haven't read this or anything like it, you might find it an interesting read. The authors basically discuss how the US government has poor job of preparing us for our future retirement needs. They discuss systems like Social Security and how this system has not evolved to support the needs of our current generation. They also suggest their own solutions and idas about personal accounting for the future.

Unfortunately, I don't feel like I learned anything new from reading this book. I think we are all aware that we need to spend and invest wisely if we are planning on having any money when we retire. I think we are also aware that we cannot rely on government programs to support us in our old age too.

Recommended (if you need a reminder on why saving and investing are important). Not recommended if you already have a good grasp on your own personal accounting needs.

0 Comments:

Post a Comment

<< Home