Thinking smarter : seven steps to your fulfilling retirement ... and life / Shlomo Benartzi with Roger Lewin.

Includes bibliographical references.

COGNITION & COGNITIVE PSYCHOLOGY. From the acclaimed behavioral economist Shlomo Benartzi, a powerful new approach to thinking smarter when making important life decisions. Although we've been blessed with a very powerful thinking machine--our minds--there's good evidence that we don't like to think. In fact, one study showed that many people prefer electric shocks to reflecting on hard problems. Other studies show that when we do think, we often think too narrowly and too shallowly. With these shortcomings, how can we be smarter about life situations like retirement? For example, once we've built up a financial nest egg, how can we become better thinkers about what to do with it? To help us, behavioral economist Shlomo Benartzi introduces the notion of thinking architecture and thinking tools. In this book, he offers one such thinking tool -- a unique seven-step system called the Goal Planning System (GPS) -- and explains the science behind it.