Larry's Substack Articles
Substack articles on various topics by Larry Kotlikoff
Wall Street shouts about your high probability of winning at retirement poker. But it fails to even whisper about your probability of losing your shirt. Her...
Fri, 14 Aug, 2026 at 10:11 AM
Some 2.1 million young, middle aged, and older Americans serve our nation either as active duty military or members of either the National Guard or the Rese...
Thu, 3 Sep, 2026 at 10:20 AM
First, I am an economist and I treasure my profession’s century-long research on personal finance. This work has, by my count, contributed to a dozen Nobel ...
Thu, 30 Jul, 2026 at 4:05 PM
These are tough times for investors in risky assets. No matter the asset class, there’s a nightmare lurking. As any squirrel will tell you, running out of a...
Thu, 18 Dec, 2025 at 4:22 PM
We all know that starving is far worse than gorging. The former kills you. The latter gives you gas. That’s why few of us choose to go hungry or eat 76 hotd...
Fri, 19 Dec, 2025 at 9:00 AM
Derek Tharp is an associate professor of finance at the University of Southern Maine, the founder of Conscious Capital and head of innovation at Income Lab....
Fri, 19 Dec, 2025 at 9:15 AM
I've gambled at casinos twice. Each time I left my credit cards in the hotel room and took $100 in cash. This was the maximum I was prepared to lose doi...
Thu, 18 Dec, 2025 at 4:23 PM
AI, is trained to spit back answers based on its training data, which overwhelmingly comprises industry “advice.” The old expression, garbage in, garbage ou...
Mon, 27 Jul, 2026 at 9:57 AM
Like much of the world, Wall Street is psyched about AI, specifically using its deep learning to help sell “advanced” advice and financial products. Accordi...
Wed, 14 Aug, 2024 at 9:45 AM
MaxiFi Planner's new Roth Conversion Optimizer is uniquely able to precisely calculate lifetime-tax minimizing conversions. Its frequent answer: Convert...
Mon, 9 Dec, 2024 at 12:32 PM