Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to calculate a sustainable withdrawal rate.
Quote of the Day
"A bright side of personal investing is that it is solitaire. You do not need to worry about competitors the way professional investors do."
(Kris Abdelmessih)
Podcasts
- Roben Farzad talks with Morgan Housel, author of "Same as Ever.Same as Ever: A Guide to What Never Changes." (pod.link)
- Thomas Kopelman talks with Daniel Crosby about money lessons for life. (podcasts.apple.com)
- Mason King talks with Peter Dunn about five things you need to know about your finances. (ibj.com)
- Christine Benz talks safe withdrawal rates with Amy Arnott and John Rekenthaler. (morningstar.com)
Investing
- You can't know how well your investments are doing without proper measurement. (humbledollar.com)
- You can do tax-loss selling alongside a broader portfolio review. (morningstar.com)
- On the importance of time in the market. (humbledollar.com)
Housing
- Charlie Shafer, "Don’t foist white elephants onto future generations." (humbledollar.com)
- Americans increasingly have spare bedrooms. (apartmentlist.com)
- Your kids don't want your house. (washingtonpost.com)
Retirement
- The case for simplifying your financial life as you get older. (humbledollar.com)
- Check to make sure your doctor still takes Medicare Advantage. (barrons.com)
- What makes for a retirement super-saver. (cnbc.com)
- A look at the many stages of senior living. (caniretireyet.com)
- The case for never retiring. (thewalrus.ca)
Withdrawal rates
- Under what circumstances does an 8% withdrawal rate work out? (morningstar.com)
- How a too-aggressive withdrawal rate can backfire early in retirement. (morningstar.com)
Spending
- It's easy to lose track of your spending. (contessacapitaladvisors.com)
- When does a hobby crossover into a spending problem? (thejointaccount.beehiiv.com)
- The case for switching to a discount cellular plan. (nytimes.com)
- RIP, Mint.com. (riabiz.com)
Planning
- Everyone has their own definition of 'enough.' (humbledollar.com)
- Everybody says they need more money to be happy. (wsj.com)
- Our financial lives are full of paradoxes. (tonyisola.com)
Personal finance
- THIS is the most important decision you will make in life. (safalniveshak.com)
- 12 steps to avoid decision fatigue including 'simplifying your wardrobe.' (moneytalks101.substack.com)
- Higher interest rates mean higher payouts on immediate annuities. (marketwatch.com)
- Why it's easy to get tripped up by state estate taxes. (wsj.com)
- Red flags banks use to close customer checking accounts. (nytimes.com)
- Eight lessons from "Die With Zero" by Bill Perkins. (thebostonadvisor.com)
- We all make financial mistakes. Give yourself some grace. (humbledollar.com)