Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the big difference between getting rich and staying rich.
Quote of the Day
"With all the negatives, why do investors seem to love this product [indexed annuities], buying tens of billions year after year? The reason is simple. The insurance industry frames the investment decision in a manner that gets investors to focus on the potential for large gains, the principal protection, and the guaranteed minimum return provided by annuities."
(Larry Swedroe)
Retirement savings
- What to do if you had to stop saving for retirement during pandemic. First, take a breath. (wsj.com)
- Why investing isn't enough: on the search for meaning in retirement. (mastersinvest.com)
- Another excerpt from "Your Complete Guide to a Successful and Secure Retirement" by Kevin Grogan and Larry Swedroe. This time on how to put together a retirement life plan. (evidenceinvestor.com)
FIRE
- Retiring really early has a whole host of risks. (humbledollar.com)
- A first-hand account of an early retirement that didn't go as expected. (livingafi.com)
- Some near-retirees are taking a 'gap year' to find a new career. (marketwatch.com)
Taxes
- What you need to know about the new 2020 tax deadline. (wsj.com)
- The IRS has dramatically cut back its audits of millionaires. (financial-planning.com)
- Estimated taxes for 2021 are still due on April 15th. (cnbc.com)
HSAs
- There is a huge knowledge gap when it comes to HSAs and their benefits. (nytimes.com)
- The case for funding HSAs next after your 401(k) account. (barrons.com)
Investing
- A first-hand example of the ups and down of market timing. (humbledollar.com)
- How much of the speculation we are seeing these days is due to pandemic boredom? (tonyisola.com)
- How to invest short-term cash is not as straightforward as it used to be. (morningstar.com)
Personal finance
- Given how most of us failed in predicting our current situation in life, why do we now think we are able to do it? (indeedably.com)
- The biggest threat in retirement is large, uncovered medical costs. (humbledollar.com)
- Why it's important to treat savings like any other expense. (yourbrainonstocks.com)
- Whatever happened to personal finance app Mint? (fastcompany.com)
- How to put your housing costs into perspective. (humbledollar.com)
- How to stop buying stuff you don't need - some steps to take. (clevergirlfinance.com)
- How to manage your growing list of subscriptions. (wsj.com)
