Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the psychological challenges of buying (and selling) a house.
Quote of the Day
"The goal of a financial plan is not to describe the exact path you actually take to retirement – it’s to help you figure out what you should be doing to get to retirement, and keep you on track."
(Bob French)
Advisors
- Your broker is NOT a fiduciary. (tonyisola.com)
- The rise of the robo-advisor. (etf.com)
- A tour of the top 10 robo-advisors. (etf.com)
Retirement
- Saving for retirement isn't easy: the case for starting early. (wsj.com)
- A detailed review of the 4% retirement withdrawal rule. (blog.cordantwealth.com)
- Another downside of divorce: the cost of splitting retirement assets. (bloomberg.com)
- Investors in (or near) retirement need to be wary of "variable risk preference bias." (blog.cordantwealth.com)
Personal finance
- Invest or pay down debt? (peterlazaroff.com)
- Fixed income diversification is overrated. (obliviousinvestor.com)
- How a lack of bank accounts holds the working poor back. (blogs.cfainstitute.org)
- Six reasons not to buy life insurance for your children. (whitecoatinvestor.com)
- Can a frugal person find joy in spending? (humbledollar.com)
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