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An Economist Walks Into A Brothel

It’s not every day that a retirement economist writes a book that takes over the sales charts. Allison Schrager’s new book, An Economist Walks Into a Brothel, is well on its way.
Hiding behind the cheeky title is a serious exploration of what risk looks like in everyday and outré situations. As she sees it, big wave surfers, magicians and Nevada brothels all have something to teach us about hedging risk. Schrager also has a distinct point of view on the subject of annuities; she proposes income annuities as the benchmark for structuring a secure retirement portfolio. (Check out Chapter 3.) An Economist Walks Into A Brothel makes for a savvy, entertaining read. If it’s not on your nightstand, it should be.

ALEX.fyi has no business affiliation or other relationship with Allison Schrager.

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ALEX.fyi Fast Fact

68% of workers expect that paid work will provide them income in retirement.
Just 26% of retirees actually receive income from work.

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