Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to check out bad brokers.
Quote of the Day
"As a lucrative industry with low entrance standards, financial advice has been and will be a refuge for ambitious frauds. But the direction is encouraging. The movement away from promising investment magic, and toward discussing better investment habits, can only lead to better investment outcomes."
(John Rekenthaler)
Retirement savings
- 6 facts about 529 plans. (news.morningstar.com)
- The 401(k) crisis is getting worse. (bloomberg.com)
- Baby Boomers underestimate what they need for retirement. (blogs.wsj.com)
- You've been offered a lump sum payout. Should you take it? (bloomberg.com)
Personal finance
- Things have changed for the better for investors over the past 30 years. (vanguardblog.com)
- "Rather than focusing on perfection, look to minimize the errors." (millennialplanners.com)
- Why you need to approach your investments from a goal-based perspective. (awealthofcommonsense.com)
- 5 bad reasons to invest. (bankers-anonymous.com)
- You knew this was coming...an actively managed robo-advisor. (barrons.com)
- What's more important than having a lot of money? Not needing a lot of money. (blog.petetheplanner.com)
- Some estate planning basics. (blog.abglobal.com)
- Start saving for college now. (nytimes.com)
