Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what it means to be truly prepared for an unexpected financial setback.
Quote of the Day
"Comparisons are never fair because we each have our own stories, a confluence of events and emotions. And the seed of bitterness that plants itself within us every time we judge only harms us."
(Tim Maurer)
Podcasts
- Peter Lazaroff talks with Jill Schlesinger about her latest book "The Great Money Reset." (peterlazaroff.com)
- Tim Ranzetta talks with Jonathan Clements, editor of the new book "My Money Journey, How 30 People Found Financial Freedom And You Can Too." (ngpf.org)
Retirement
- FAT Fire. How to retire at any age with confidence. (ofdollarsanddata.com)
- Take retirement surveys with a big grain of salt. (humbledollar.com)
- Credit scores still matter in retirement. (wsj.com)
- The upside of using senior movers. (humbledollar.com)
Investing
- Why you should think global when it comes to your equity portfolio. (awealthofcommonsense.com)
- On the power of a high savings rate, keeping costs low, and maintaining a basic portfolio. (morningstar.com)
- When it comes to investing, doing nothing should be the default. (behaviouralinvestment.com)
- Four insights from the new edition of William Bernstein's "The Four Pillars of Investing." (morningstar.com)
- Don't gorge on company stock. (humbledollar.com)
Advice
- Provide people with financial advice when and where they need it. (sciencedaily.com)
- An example of how financial counseling can work in practice. (reasonstobecheerful.world)
- How to read a an RIA’s Form ADV Part 2. (obliviousinvestor.com)
Planning
- There is so much more to financial life than investing. (flowfp.com)
- Paying off debt AND investing are both good things. (whitecoatinvestor.com)
- How many 'income streams' is too many? (rogersplanning.blogspot.com)
Purpose
- Brett and Kate McKay, "What good is it to add a tenth decade to life, if one’s fourth already feels worn out?" (artofmanliness.com)
- On the importance of purpose in retirement. (marketwatch.com)
- Why you need something to get you out of bed in the morning. (wggtb.substack.com)
Housing
- There is no magic formula on how much house you can afford. (theatlantic.com)
- People who have fled to the Sunbelt now are looking to escape the Summer heat. (bloomberg.com)
Personal finance
- Tony Isola, "Balancing playing to strengths and working on weaknesses is vital for a healthy and wealthy retirement." (tonyisola.com)
- We make financial decisions for a lot of reasons beside cold, hard logic. (humbledollar.com)
- Do you really need life insurance? The cases are fewer than you think. (contessacapitaladvisors.com)
- A look at some charitable strategies to employ, including charitable lead trusts. (thomaskopelman.com)
- Children often don't want a parent's hand-me-down furniture. (wsj.com)
- How family money can help lift you up. (bitchesgetriches.com)
- How you spend your money matters. (moneywithkatie.com)