Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the dangers of believing in conspiracy theories.
Quote of the Day
"During the course of our lives, we make thousands of consumer purchases—and the cumulative disappointments take their toll and we gradually become less convinced that money can reliably buy happiness."
(Jonathan Clements)
Retirement
- On the benefits of paying down your mortgage before retirement. (morningstar.com)
- 70%!%! Why you may very well spend more in retirement than you think. (wsj.com)
- John Shoven, "Collecting Social Security immediately when you stop working is just a habit or a social norm...It makes no sense." (nytimes.com)
Parenting
- Some of the dangerous math behind being the "Bank of Mum and Dad." (ft.com)
- How one family managed the challenge of student finances during college. (humbledollar.com)
- More Americans are going to be eligible for child credits in 2018. (wsj.com)
- Childcare is a huge expense for young families. (awealthofcommonsense.com)
Investing
- What a personal investment policy looks like in practice. (caniretireyet.com)
- How to tell if your 401(k) plan at work is any good. (qz.com)
- How investment goals vary by country and age. (visualcapitalist.com)
Personal finance
- Our attitudes towards spending/saving arise early in life. (wsj.com)
- There are a lot of downsides to the FIRE lifestyle. (marketwatch.com)
- Estate planning is a crucial part of any financial plan. (independenceadvisors.com)
- Some lessons learned from Jonathan Clements' new book "From Here to Financial Happiness." (tonyisola.com)
- On the difference between good and bad debt. (forbes.com)
- When it comes to longevity risk, annuities are not a dirty word. (danielsolin.com)
- Are startups stealthily subsidizing our lifestyles? (wsj.com)
- There's no shame in holding down a full-time job. (marketwatch.com)
