Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the IRS’s new DirectFile program.
Quote of the Day
"I learned, the reason such money [inheritance] weighs so heavily on people is because they expect it to fill the holes of time, memories, and feelings they never can receive from the person who is gone."
(Joelle Boneparth)
Podcasts
- Barry Ritholtz talks with Meir Statman about values based-investing. (ritholtz.com)
- Howard Lindzon talks direct indexing with Mo Al Adham, Founder and CEO of Frec. (youtube.com)
- Carl Richards talks with Morgan and Gretchen Housel about using simple spending experiments. (podcasts.apple.com)
- Peter Lazaroff talks with Christine Benz about retirement withdrawal strategies. (peterlazaroff.com)
- Dan Haylett talks with Jonathan Clements about the 'second childhood' of retirement. (humansvsretirement.com)
Influencers
- Dave Ramsey doesn't think you should have a car payment. (jalopnik.com)
- Another example of 'do as say, not as do' influencers. (moneywithkatie.com)
Investing
- At certain point you can't make investing any simpler. (humbledollar.com)
- Are target-date funds underinvested in equities? (morningstar.com)
Mid-life
- How to deal with the mid-life happiness slump. (awealthofcommonsense.com)
- The five phases of mid-life and retirement. (humbledollar.com)
- Only children face a particular burden when it comes to caring for their parents. (wsj.com)
Retirement
- How higher interest rates affect some big retirement decisions including delaying Social Security claiming. (morningstar.com)
- You can only plan so much. Retirement is a time to explore new things. (humbledollar.com)
- A typical retiree has plenty of time to make a dent in the universe. (theretirementmanifesto.com)
- Simplification pays off in retirement. (humbledollar.com)
Taxes
- Don't expect a reduction in tax uncertainty any time soon. (nytimes.com)
- The case for Roth IRA conversions. (bestinterest.blog)
- Filing a final 1040 is no small thing. (morningstar.com)
- How QCDs work. (humbledollar.com)
Personal finance
- Tony Isola, "Being born into the wealthiest country on the planet is the equivalent of winning the genetic lottery." (tonyisola.com)
- Can a typical person become a millionaire? (ofdollarsanddata.com)
- Do you know how different types of annuities work? (morningstar.com)
- Is Vanguard finally upping its digital client experience? (etf.com)
- Financial lessons learned from other people's divorces. (wsj.com)
- 'Not wanting stuff' is a superpower. (becomingminimalist.com)