Professor Lawrence Kotlikoff, esteemed Boston University Economist and prolific author, returns to the show discussing his latest book interview on CBS 60 Minutes Interview - Social Security Horror Stories: Protect Yourself from the System -- and Avoid Clawbacks.
- Retirement challenges and scams - must-hear for all retirees!
- How avoid leaving millions of dollars on the retirement table via social security claw-backs.
Kotlikoff explains:
"We're not left-wing, right-wing. But we we see this as just horrific behavior by bureaucrats. Ten thousand different claims reps get to decide whether or not to waive these outlandish clawbacks and it's really going against the basic law [that] says, that you can waive clawbacks, not doing so goes against equity and good conscience. That's the language in the law."
Kotlikoff says:
"Well, I think everybody should be diversified, some on gold and some in everything else because we never know."
- Check out Larry's Substack