Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to prioritize spending in retirement.
Quote of the Day
"The investment advisory business is undergoing a once-in-a-generation transformation in the delivery of financial advice to individual investors."
(Craig Pfeiffer)
Robo-advisors
- How Acorns has grown so quickly. (fortune.com)
- A table comparing the big robo-advisors. (mebfaber.com)
- A review of robo-advisor SigFig. (businessinsider.com)
Kids
- How financial professionals could help kids learn about money. (tonyisola.com)
- The four pillars of paying for college. (whitecoatinvestor.com)
- Why you shouldn't pay your kids for chores. (businessinsider.com)
- What to give your kids for their wedding. (humbledollar.com)
Books
- "How to Think About Money" by Jonathan Clements was named the Institute for Financial Literacy's 2017 adult book of the year. (twitter.com)
- Buy "How to Think About Money" by Jonathan Clements at Amazon now. (amazon.com)
Retirement
- Women live longer on average. This should affect their investment profile. (awealthofcommonsense.com)
- Why savers do better in retirement, in short moderate spending patterns. (kitces.com)
- Trying to figure out "your number" is tough. (nytimes.com)
Personal finance
- Finance experts don't know anything about your personal situation. (humbledollar.com)
- Series 7 brokers legally can't be client fiduciaries without the DoL regulation. (recode.net)
- Why some people have a hard time getting started at investing. (valuewalk.com)
- Why simple works better. (wealthmanagement.com)
- Only a third of US employees are putting money into 401(k) plans. (bloomberg.com)
- Five things you need to know about estate planning. (personal.vanguard.com)
- Some results from Dan Ariely's lab show the power of subtle nudges on our finances. (bloomberg.com)
- Would you rather be rich or free? (financialsamurai.com)
