Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what to do (or not) when receiving an inheritance.
Quote of the day
“The sooner you begin to accept mistakes are inevitable, stop beating yourself up over them, and just fix what is not working, the faster the compounding can start.” – Barry Ritholtz
Social security
- Don't dismiss the value of Social Security's inflation protection. (morningstar.com)
- One significant way that Social Security differs from traditional pensions. (obliviousinvestor.com)
- Seven persistent Social Security myths including "Everyone should delay filing for Social Security benefits until age 70." (marketwatch.com)
Divorce
- Why the family house is often a point of contention in divorce. (ft.com)
- Why 'gray divorce' is an even bigger financial challenge. (barrons.com)
Fraud protection
- Ten tips on identifying online scams and identify theft. (independenceadvisors.com)
- Is freezing your credit worth the hassle? (petetheplanner.com)
Real estate
- Doing the math on buying your kid a condo to live in during college. (businessinsider.com)
- Five questions to ask before letting your Millennial move back in with you. (cnbc.com)
Spending and saving
- Three questions to ask before buying something new. (bonefidewealth.com)
- You can take the idea of 'buying experiences, not stuff' too far. (forge.medium.com)
- Saving trumps investing. (humbledollar.com)
Planning
- The best financial plans build in some flexibility. (calibratingcapital.com)
- How to make sure your money choices align with your life goals. (evidenceinvestor.com)
- You can’t go through your working life and suddenly decide at age 50 that you need to think about retirement. (humbledollar.com)
- One-third of Americans are innumerate which affects their ability to make good financial decisions. (washingtonpost.com)