Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the best 529 plans and how to use them.
Quote of the Day
"The easy inclination as an investor is to pick the best performing asset class and wonder why your portfolio can’t deliver those returns. This is really, really easy when the best performing asset class is the one constantly talked about in the press – large cap US stocks."
(James Osborne)
Retirement
- The new three-legged stool for retirement savings starts and ends with you. (financialsamurai.com)
- Insights on disappointing retirements. A Q&A with Michelle Pannor Silver, author of the new book, “Retirement and Its Discontents: Why We Won’t Stop Working, Even if We Can.” (marketwatch.com)
FIRE
- Why you need to look behind the curtain of FIRE bloggers. (wsj.com)
- The FIRE movement is built on continued positive return assumptions. (bloomberg.com)
IRAs
- How to front-load your children's inheritance using Roth IRAs. (humbledollar.com)
- In praise of the Solo 401(k) plan for the self-employed. (humbledollar.com)
College savings
- Why don't more Americans utilize 529 college savings plans? (blairbellecurve.com)
- Tuition inflation is a significant hurdle to overcome when saving for college. (morningstar.com)
Compounding
- It's been awhile: a primer on the deleterious effects of inflation on your retirement savings. (tonyisola.com)
- Small money wins add up over time and help build better habits. (awealthofcommonsense.com)
Personal finance
- Five questions to which the only answer is "I don't know." (humbledollar.com)
- Social proof has a big effect on the financial decisions we make. (awealthofcommonsense.com)
- Hope springs eternal: why Ponzi schemes persist. (thefinancialbodyguard.com)
- Don't let your dream house wreck your retirement. (financialsamurai.com)
- Ten questions to ask before merging your money later in life. (humbledollar.com)
- Time is more valuable than money. (getrichslowly.org)
