How Long to Read Essays on Saving, Bequests, Altruism, and Life-cycle Planning

How Long Does it Take to Read Essays on Saving, Bequests, Altruism, and Life-cycle Planning?

It takes the average reader 10 hours and 10 minutes to read Essays on Saving, Bequests, Altruism, and Life-cycle Planning by Laurence J. Kotlikoff

Assuming a reading speed of 250 words per minute. Learn more

Description

This collection of essays, coauthored with other distinguished economists, offers new perspectives on saving, intergenerational economic ties, retirement planning, and the distribution of wealth. The book links life-cycle microeconomic behavior to important macroeconomic outcomes, including the roughly 50 percent postwar decline in America's rate of saving and its increasing wealth inequality. The book traces these outcomes to the government's five-decade-long policy of transferring, in the form of annuities, ever larger sums from young savers to old spenders. The book presents new theoretical and empirical analyses of altruism that rule out the possibility that private intergenerational transfers have offset those by the government.While rational life-cycle behavior can explain broad economic outcomes, the book also shows that a significant minority of households fail to make coherent life-cycle saving and insurance decisions. These mistakes are compounded by reliance on conventional financial planning tools, which the book compares with Economic Security Planner (ESPlanner), a new life-cycle financial planning software program. The application of ESPlanner to U.S. data indicates that most Americans approaching retirement age are saving at much lower rates than they should be, given potential major cuts in Social Security benefits.

How long is Essays on Saving, Bequests, Altruism, and Life-cycle Planning?

Essays on Saving, Bequests, Altruism, and Life-cycle Planning by Laurence J. Kotlikoff is 596 pages long, and a total of 152,576 words.

This makes it 201% the length of the average book. It also has 186% more words than the average book.

How Long Does it Take to Read Essays on Saving, Bequests, Altruism, and Life-cycle Planning Aloud?

The average oral reading speed is 183 words per minute. This means it takes 13 hours and 53 minutes to read Essays on Saving, Bequests, Altruism, and Life-cycle Planning aloud.

What Reading Level is Essays on Saving, Bequests, Altruism, and Life-cycle Planning?

Essays on Saving, Bequests, Altruism, and Life-cycle Planning is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Essays on Saving, Bequests, Altruism, and Life-cycle Planning?

Essays on Saving, Bequests, Altruism, and Life-cycle Planning by Laurence J. Kotlikoff is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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