Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look how little American employees know about their non-cash compensation.
Quote of the Day
"Starting small sounds boring but you will acquire skills required for long term success. And as all investors know, time can be your fiercest ally or your most vicious foe."
(TBG)
Robo-advisors
- Remember SigFig? They are still around and in partnership with UBS. (riabiz.com)
- SigFig also just raised another $50 million in capital. (riabiz.com)
Retirement
- Just because you are nearing retirement age doesn't mean you shouldn't still pursue your goals. (nextavenue.org)
- Why retirement is so fraught: the number of (irrevocable) decisions are many. (washingtonpost.com)
- Retirees really don't spend down their wealth. (rivershedge.blogspot.com)
- Having good friends in retirement is like gold. (humbledollar.com)
Taxes
- You knew someone would come up with it: a way around limitations on state-and-local tax deductions. (bloomberg.com)
- The tax status of HELOCs has gotten a lot more complicated. (wsj.com)
- Quick question: do you know what tax bracket you are in? (usatoday.com)
Stuff
- Baby Boomer are downsizing, which means they have bunch of stuff to sell. (wsj.com)
- Why stuff makes you less happy as you get older. (humbledollar.com)
Personal finance
- Not every decision in your financial life has to be purely rational. (humbledollar.com)
- It's really easy to overestimate your risk tolerance. (financialsamurai.com)
- Some lessons from members of the early retirement club. (businessinsider.com)
- Five ways to improve the 401(k) plan. (wsj.com)
- How to deal with retirement saving as a gig worker. (vanguardblog.com)