Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the psychological challenges of obtaining financial independence.
Quote of the Day
"We live in a 24/7 world for better and for worse. It’s exhausting and stressful and depressing and incredibly exciting all at the same time."
(Michael Batnick)
Podcasts
- Jeff Ptak and Christine Benz talk pay for college with Ron Lieber author of "The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make." (morningstar.com)
- Jordan Harbinger talks about finding your dream job with Ramit Sethi. (jordanharbinger.com)
- Justin Castelli talks about the pursuit of 'enough' with Jeremy Walter. (allaboutyourbenjamins.com)
Pandemic
- Salesforce ($CRM) joins the growing list of companies moving to a WFH structure. (theverge.com)
- Americans have flocked to 'buy now, pay later' services in pandemic. We'll see whether that is a good thing. (reuters.com)
- Some Americans used stimulus checks to help pay down debt. (wsj.com)
Retirement savings
- How should you decide between a traditional and Roth IRA, especially if you are over 50. (morningstar.com)
- Most big companies match employee 401(k) contributions in one form or fashion. Tesla ($TSLA) does not. (investmentnews.com)
Retirement
- A formula to use to see if you are saving enough for retirement. (tonyisola.com)
- There is no 'right' withdrawal rate in retirement. It all depends on your flexibility and willingness to adjust over time. (morningstar.com)
Behavior
- Don't let regret prevent you from taking the actions you need to today. (thomaskopelman.com)
- Let's say you reached 'enough.' What's next? (calibratingcapital.com)
- Some recent insights from research into happiness. (humbledollar.com)