Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why you shouldn’t take personal finance advice from the rich and famous.
Quote of the Day
"Mastering cash flow is striking a balance between lifestyle and savings."
(Douglas Boneparth)
Retirement
- Don't make these retirement mistakes Christine Benz did. (morningstar.com)
- Why where you plan to live should affect your retirement savings. (betterment.com)
- The upside of retiring: taking a lot less sh*t. (youngfiguy.com)
Withdrawals
- How to increase your sustainable withdrawal rate. (monevator.com)
- There is no closed-form solution to the withdrawal rate question in retirement. (rivershedge.blogspot.com)
Houses
- Fancy houses are not necessarily a sign of wealth. (financialsamurai.com)
- Should you count the value of your home in your net worth? (monevator.com)
Financial literacy
- Why we don't teach financial literacy in school. (tonyisola.com)
- Personal finance books are written by the winners. (ofdollarsanddata.com)
- How this likely NFL first round selection, saved $15k during his time at Clemson. (wsj.com)
Personal finance
- Look at your parents as a lesson (or anti-lesson) in how to handle money. (petetheplanner.com)
- Tax advice differs (a lot) depending on whether you are single or married. (humbledollar.com)
- How to avoid two IRA 'pain points.' (morningstar.com)
- Fantasies rarely live up to the hype in real life. (humbledollar.com)
