Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the rising cost of going to Disney World.
Quote of the Day
"Looking for an exit off the Hedonic Treadmill? Slashing our wants gives us a fighting chance for attaining tranquility."
(Tony Isola)
Podcasts
- Peter Lazaroff talks with Roger Whitney, host of Retirement Answer Man, about his perspectives on helping individuals transition into retirement. (peterlazaroff.com)
- Meb Faber talks with Adam Nash is the co-founder & CEO of Daffy.org, a not-for-profit community built around a new, modern platform for giving. (mebfaber.com)
Retirement
- Roger Nusbaum, "A scenario of retiring healthy at 65 to do some sort of fun work that covers your expenses without needing to take from your portfolio or take Social Security is a great spot to be in." (rogersplanning.blogspot.com)
- A look at the 4 Ls of retirement —the goals of longevity, lifestyle, legacy, and liquidity. (whitecoatinvestor.com)
- How to use deferred income annuities to insure against longevity risk. (humbledollar.com)
- There's no single perfect time to claim Social Security. (humbledollar.com)
Aging
- The Village Movement links volunteers with older Americans. (nytimes.com)
- Who will handle your affairs when you get older? Especially if you don't have family. (marketwatch.com)
Housing
- Your time is better spent thinking about things other than the (rising) value of your house. (wallethacks.com)
- Is it possible to tap retirement accounts for a down payment? (morningstar.com)
- It's tough to make the math on a second home in retirement work. (barrons.com)
- Be careful waiving a home inspection. (grow.acorns.com)
- We need more houses, period. (spilledcoffee.substack.com)
Investing
- Blair duQuesnay, "The choice of how to invest a dollar today should not be held hostage to a decision made in the past." (blairbellecurve.com)
- Don't invest in the stock market if you don't have a long term time horizon. (wealthfoundme.com)
- The TreasuryDirect platform is pretty creaky at this point. (nytimes.com)
- The intuition behind compounding isn't easy. (thomaskopelman.com)
Work
- At what point does FU money become too much? (youngmoney.co)
- On the many benefits of having a side hustle that have nothing to do with money. (rogersplanning.blogspot.com)
- How to think about your annual bonus. (indeedably.com)
Planning
- Financial planning can give the conviction to go on with the rest of your life. (mullooly.net)
- How should you think about illiquid assets on your personal balance sheet. (obliviousinvestor.com)
- How to prepare for something happening to your partner. (whitecoatinvestor.com)
Personal finance
- John Godell, "In personal finance, as in personal fitness, there’s no legitimate way to get ahead quickly." (humbledollar.com)
- What you can learn from some of the world's greatest artists about money. (rootofall.substack.com)
- Our financial lives don't move in straight lines. (humbledollar.com)
- On the power of low expectations. (collaborativefund.com)
- How money differences can (negatively) affect friendships. (vox.com)
- Darius Foroux, "Happiness is not an external event or process. It’s a by-product of living a good life." (dariusforoux.com)
