Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what to do with your home equity in retirement.
Quote of the Day
"Saving enough, managing investment risk, and knowing how much you can spend in retirement is hard."
(Allison Schrager)
Retirement
- How to pull off a transition from full-time work to part-time in retirement. (morningstar.com)
- Why is retirement reserved only for our later years? (ft.com)
- Bankruptcy, often health care-related, is booming among older Americans. (nytimes.com)
- 5 downsides to retiring in a smaller town. (wsj.com)
Charitable giving
- It's no longer business as usual with charitable giving. (independenceadvisors.com)
- How to use qualified charitable distributions or QCDs to your benefit. (morningstar.com)
Starting off
- How recent college graduates should get started in investing. (petetheplanner.com)
- Every generation needs to learn anew the risk of credit card debt. (ft.com)
Financial wellness
- The keys to financial success are incredibly mundane. (morningstar.com)
- Some items that should be on your financial wellness checklist. (humbledollar.com)
- On the parallels between physical fitness and financial fitness. (getrichslowly.org)
Comparisons
- Tony Isola, "The only benchmark worth worrying about is: Will I be okay?" (tonyisola.com)
- Depending where you are in life, your financial needs may be radically different that someone else's needs. (collaborativefund.com)
Wealth vs. income
- There are three levels of wealth, but most Americans are stuck in the first level. (awealthofcommonsense.com)
- Income and wealth are NOT the same thing. (getrichslowly.org)
Personal finance
- Why 'no' should be your favorite word. (humbledollar.com)
- We all make money mistakes, but don't make unforced errors. (awealthofcommonsense.com)
- Don't make a loan without an agreement if you want to be able to write off the debt later. (humbledollar.com)
- Why spending money on time beats spending it on stuff. (whitecoatinvestor.com)