Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why it’s never too late to make a big change in your life.
Quote of the Day
"Perhaps the most unexpected thing about being retired is that despite everything I knew, despite the thousands of retirees I’ve talked to and studied over the years, there was still plenty that I wasn’t prepared for."
(David Ekerdt)
Podcasts
- Brett McKay talks the psychology of money with Morgan Housel. (artofmanliness.com)
- Christine Benz and Jeff Ptak talk retirement with Fritz Gilbert author of "Keys to a Successful Retirement: Staying Happy, Active, and Productive in Your Retired Years." (morningstar.com)
Books
- A rave review for Morgan Housel's book "The Psychology of Money." (routetoretire.com)
- A review of JL Collins' book "The Simple Path to Wealth." (bankeronwheels.com)
Retirement
- Some surprising things a retirement expert learned upon retiring. (wsj.com)
- Don't forget Medicare Advantage plans are from for-profit companies. (humbledollar.com)
- Why (nearly) nobody buys deferred income annuities. (cnbc.com)
Personal finance
- Comparing yourself to other people is poison. (makingsenseofcents.com)
- Buying less stuff solves a lot of problems, simultaneously. (vox.com)
- Why people use home renovation to keep the demons at-bay. (wsj.com)
- Why having financial 'runway' can help in a number of different ways. (theescapeartist.me)
- Student loans are not like other debt: what you need to know. (practicallyindependent.com)
- Why repaying a mortgage is a mix of spending and investment. (monevator.com)
- Ten step to take when starting a new business. (thomaskopelman.com)
- Financial independence is a journey. (thecut.com)