Thinking Smarter introduces the notion of thinking architecture and thinking tools. It presents the Goal Planning System, a unique seven-step system, 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.
Praise for Thinking Smarter
“This is a most unusual retirement planning book, for it focuses squarely on the psychological barriers to good saving, investing, and life goals achievement, and from a scientific perspective. I have never seen an account of these issues that has such a solid and detailed plan for dealing with these all-important barriers.”
— Robert Shiller, Nobel Laureate
“Too often, ‘retirement planning’ is limited to financial issues, leaving many vital factors unaddressed. In this highly original and practical book, Benartzi helps people prioritize their goals for their later years, and shows them how to really think creatively about their future.”
— Richard Thaler, University of Chicago
“This book transformed the way I think about my future goals and how to reach them. I absolutely love the goal planning app that accompanies the book and brings the ideas to life. It is a game-changer for how financial planners will help their clients get the most of their retirement years.”
— Mark Casady, Chairman and CEO, LPL Financial
“Benartzi provides a powerful, innovative framework for thinking more deeply, broadly, and clearly about retirement and about many of the most consequential decisions affecting the rest of your life. Entertaining, full of lively examples, valuable insights, and practical advice, this small book can make a big difference.”
— Mark Iwry, coauthor of Aging Gracefully and Automatic