Scott Burns -- The Power of Couch Potato Investing

Professor Kotlikoff is joined by good friend and America's Premiere Personal Finance Journalist and author, Scott Burns. His website scottburns.com, is a treasure trove of financial advice and commonsense wisdom. Scott has been writing about personal finance for over 40 years for top newspapers and syndications. His common sense financial wisdom and extensive knowledge about all things financial has earned him a tremendous following. He's also chock full of insights about our global and national economies. Scott is also famous for his Couch Potato Portfolio investment strategy, which he developed decades ago. It's the everyman solution to investing, using index funds rather than managed funds or stock picking to earn high average market returns with essentially full diversification and rock bottom fees. Scott is the rare, perhaps only financial journalist, who reports from the field, not from the desk.

In this podcast, we discussed:

• 4:54 - Retirement now not later.
• 10:11 - Financial services bias.
• 18:33 - The broader issue with inflation.
• 19:42 - Social Security inflation.
• 22:48 - After inflation.
• 26:02 - Should you downsize your lifestyle in retirement?
• 30:25 - What is imputed rend?
• 32:13 - The process of regional arbitrage.
• 35:51 - What is the couch potato approach of investment?
• 40:34 - The asset class universe.
• 43:23 - Inflation index bonds.
• 47:43 - Couch potato mindset.
• 51:03 - Financial service deficiencies.

Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author, President of maxifi.com, and Author of Money Magic. Facebook https://www.facebook.com/Kotlikoff/ Twitter https://twitter.com/kotlikoff LinkedIn https://www.linkedin.com/in/laurencek... Substack https://larrykotlikoff.substack.com/ Books https://kotlikoff.net/books/ Company https://maxifiplanner.com/