Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to plan for long term care expenses.
Quote of the Day
"Don’t measure yourself against your neighbors or your friends, because what you see is just part of the story—and that part may be awfully deceptive."
(Adam M. Grossman)
Perspective
- Absolute and relative risks are two very different things. (thefinancialbodyguard.com)
- It's okay to dream about big stuff, as long as it inspires you to take some concrete steps. (thesimpledollar.com)
- How to navigate in a world where you can't count on your employer for much. (humbledollar.com)
Retirement
- Are we doing the whole asset allocation in retirement thing backwards? (humbledollar.com)
- IRMAA affects about 7% of Medicare enrollees. (morningstar.com)
Titling accounts
- Natalie Choate, "If you're going to die without an estate plan, it's probably better for your heirs if your retirement money is in an IRA rather than a qualified retirement plan." (morningstar.com)
- Some thoughts on titling 529 plans. (financialducksinarow.com)
Personal finance
- Before you make big changes to your portfolio here are some things you should do first. (allaboutyourbenjamins.com)
- How Vanguard's new robo-advice platform will compare to the competition. (evidenceinvestor.com)
- Ten things to do before engaging a financial advisor. (bunker-riley.com)
- Don't rely on FASFA to tell you much college you can afford. (nytimes.com)
- Can you have too much term life insurance? (businessinsider.com)
- On the benefits of a more 'streamlined lifestyle.' (mrmoneymustache.com)