Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how the pandemic will reset our expectations.
Quote of the Day
"For an emergency fund then, more is better but anything is good."
(Mike Dariano)
Taxes
- Just because income tax deadlines were pushed doesn't mean property taxes aren't still due. (nytimes.com)
- Three tax considerations in light of coronavirus. (vanguardblog.com)
Pre-retirement
- Over half of Americans don't retire on their own terms due to layoffs or health issues. (fa-mag.com)
- A rising number of Americans who are 50+ are in jobs that don't provide benefits. (nytimes.com)
Planning
- Your financial plan should consider a much broader range of outcomes. (humbledollar.com)
- Why we should value flexibility, not certainty, when it comes to financial planning. (calibratingcapital.com)
Investing
- The stock market is not the correct benchmark during stressful times like these. (awealthofcommonsense.com)
- Jonathan Clements, "The best way to assess our risk tolerance isn’t with a questionnaire, but by seeing how we react when the stock market declines." (humbledollar.com)
- Buying individual stocks often has nothing to do with reaching your financial goals. (peterlazaroff.com)
Personal finance
- JP Morgan Chase ($JPM) is set to raise standards for mortgage borrowers. (reuters.com)
- Annuity rates are falling along with interest rates. (marketwatch.com)
- Eight things you can do right now to help your financial situation. (blog.validea.com)
- Four things retirees should revisit in light of coronavirus-related market volatility. (morningstar.com)
- On the parallels between retirement and quarantine. (marketwatch.com)
