Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why ‘No’ should be your favorite word.
Quote of the Day
"Complexity is more expensive. Complexity is more fragile, less robust. Complexity leads to procrastination.
Simplicity costs less. Simplicity leads to clarity of purpose. Simplicity leads to action."
(The Escape Artist)
Retirement
- 10 possible ways to increase your spending in retirement. (howmuchcaniaffordtospendinretirement.blogspot.com)
- The most important equation in retirement planning. (rivershedge.blogspot.com)
- A short primer on how Social Security benefits are calculated in regards to couples. (petetheplanner.com)
- On the challenges of saving for college and retirement at the same time. (humbledollar.com)
Paying for college
- The high cost of education is a huge issue for financial planning. (mullooly.net)
- On the power of not having to take out loans for college. (washingtonpost.com)
- Why you should fill out a FAFSA even if you think it is a waste of time. (morningstar.com)
Investing
- Why you need an investment philosophy. (integratinginvestor.com)
- On the parallels between successful investing and running. (pragcap.com)
Personal finance
- C.J. MacDonald, "The two strongest wealth accumulation weapons in a young person’s arsenal are time and the power of compounding. " (humbledollar.com)
- It's okay to think about your net worth. You shouldn't obsess about it though. (ferventfinance.com)
- Don't let this happen to you: Aretha Franklin died without a will in place. (yahoo.com)
- 75 must-know statistics about long-term care. (morningstar.com)
- Five things to do if you are facing a financial shock. (investornews.vanguard)
- 5 lessons learned from being a landlord. (caniretireyet.com)
- What you should, and shouldn't, put in a safe deposit box. (nytimes.com)
- Buy.Less.Stuff. (theatlantic.com)
