Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what home renovations pay off the most.
Quote of the Day
"That’s why the biggest lie in personal finance is that you can be rich if you just cut your spending."
(Nick Maggiulli)
Retirement
- Why more people aged 65+ are still in the workforce. (theirrelevantinvestor.com)
- Why you should 'redistribute' your retirement years throughout your life. (humbledollar.com)
- In 2020, there are five different IRMAA income tiers. (humbledollar.com)
Retirement savings
- How to choose between a traditional and Roth IRA. (peterlazaroff.com)
- There are five types of retirement savers: which one are you? (awealthofcommonsense.com)
- Employees and the self-employed need to do different things to maximize their savings. (genyplanning.com)
Personal finance
- A debt management strategy should start with the why, not the what. (blog.acadviser.com)
- Credit card companies can change their reward programs at the drop of a hat. (nytimes.com)
- Why you need to keep an eye on your brokerage account, especially if you don't trade much. (theirrelevantinvestor.com)
- Why you should do a subscription service 'audit.' (nytimes.com)
- The Simple Dollar Awards for 2020 including best banking app, N26. (thesimpledollar.com)