Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the state of the 401(k) plan.
Quote of the Day
"The basic idea of retirement investing is how to convert present excess income into a robust income stream in retirement."
(David Merkel)
Advisors
- The growth at Wealthfront and Betterment has slowed. (economist.com)
- Wealth management trends for the wealthy. (blogs.barrons.com)
- Ten questions for personal finance dynamo Michael Kitces. (fpadvance.com)
Retirement
- How Microsoft ($MSFT) manages its 401(k) plan. (ai-cio.com)
- A sweet Social Security deal is getting phased out. (slate.com)
- What it really takes to become a "401(k) millionaire." (fortune.com)
- Politicians aren't really talking about our coming retirement crisis. (bloombergview.com)
Investing
- Ben Carlson, "Every investor should also be able to explain their investment philosophy." (aaii.com)
- You should keep stock market apps off your phone. (wsj.com)
- What is the 'equity risk premium'? (monevator.com)
- This is the most important job of an advisor. (servowealth.com)
- When a broker invites you out for a free meal you should pass. (slate.com)
- How the super-rich differ (asset-wise) from the merely rich. (blogs.wsj.com)
- Why even disciplined consumers can overspend. (wsj.com)
