Thinking Smarter: Seven Steps To Your Fulfilling Retirement...and Life

Thinking Smarter: Seven Steps To Your Fulfilling Retirement...and Life
by Shlomo Benartzi / / / EPUB


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From the acclaimed behavioral economist Shlomo Benartzi, a powerful new approach to thinking smarter when making important life decisions. Although weve been blessed with a very powerful thinking machineour mindstheres good evidence that we dont like to think. In fact, one study shows that many people prefer receiving electric shocks to thinking and reflecting. Other studies show that even when we do think, we tend to think in too narrow and shallow a fashion. With these shortcomings, how can we be smarter when thinking about life situations like retirement? For example, once we have built up a financial nest egg, how can we become better thinkers about what to do in retirement? To help us, behavioral economist Shlomo Benartzi introduces the notion of thinking architecture and thinking tools. In this book, he offers one such thinking toola 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. By going through GPS, readers will then have a solid foundation upon which to build a tailored action plan that can help them attain their goals.

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