Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why it is important to know what you want from your money.
Quote of the Day
"Part-of-the-reason that personal finance is difficult is the lack of experience making large purchases."
(Mike Dariano)
Retirement plans
- Americans have not been shy about tapping retirement accounts in the pandemic. (wsj.com)
- A growing number of companies have cut their matching contributions in 401(k) plans. (pionline.com)
- Life insurance contracts end up in retirement plans for a very simple reason: commissions. (tonyisola.com)
- You still have time to make 2019 IRA contributions. (independenceadvisors.com)
Retirement income
- When considering retirement income you need to think beyond 'income.' (morningstar.com)
- Why don't more people use income annuities in retirement? Actually there are a number of behavioral reasons why... (forbes.com)
Saving
- Getting healthier need not be expensive. (thesimpledollar.com)
- How quarantine has unearthed some ways to save money on things you used to do. (evidenceinvestor.com)
Gift cards
- Customers with gift cards for bankrupt retailers are largely out of luck. (wsj.com)
- Four source of found money including unused gift cards. (humbledollar.com)
Investing
- Why a portfolio shift into cash can be dangerous over the long run. (wsj.com)
- The founder of Chewy.com ($CHWY) has a wildly undiversified portfolio. (msn.com)
- How the major personality traits affect our ability to manage money. (humbledollar.com)
Race
- On the lasting legacy of economic violence in the US. (getrichslowly.org)
- 75 must-know statistics about race, income and wealth in America. (morningstar.com)
