Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how high income individuals can fool themselves about their wealth.
Quote of the Day
"Despite these old and tired sayings, we are continually surprised by the shortness of our lives and live like we have infinite tomorrows."
(Ashby Daniels)
Financial literacy
- Most Americans don't understand long-term returns. (getrichslowly.org)
- There is good evidence that financial literacy education does work. (tonyisola.com)
Retirement plans
- How to best take 401(k) distributions under the CARES Act. (financialducksinarow.com)
- Considerations to keep in mind when thinking about doing a Roth IRA conversion. (humbledollar.com)
- The 403(b) space is still filled with zero sum financial 'advice.' (tonyisola.com)
Retirement planning
- Ultra-low interest rates affect nearly every aspect of retirement planning. (morningstar.com)
- Does it still make sense to delay taking Social Security? (morningstar.com)
- How to choose among Medigap policies. (humbledollar.com)
Personal finance
- Here's what to do if you haven't received your economic stimulus payment yet. (nytimes.com)
- Why now is a perfect time to discuss family finances. (humbledollar.com)
- The coronavirus pandemic is going to create crosscurrents in the housing market. (awealthofcommonsense.com)
- Why some foundations are reluctant to ramp up their spending even in the face of a pandemic. (vox.com)
- You can't teach speed, but it's not the only factor in success. (livingwithmoney.com)