Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at what to do if you experience a financial windfall.
Quote of the Day
"Want to sleep at night and avoid panicky financial decisions? We need to make our peace with the world’s uncertainty."
(Jonathan Clements)
Podcasts
- Peter Lazaroff talks with Hal Hershfield author of "Your Future Self: How to Make Tomorrow Better Today." (peterlazaroff.com)
- Robin Powell and Abraham Okusanya talk with Victor Haghani co-author of "The Missing Billionaires: A Guide to Better Financial Decisions." (evidenceinvestor.com)
- Morgan Housel on the flaws that compound over time. (open.spotify.com)
Retirement
- Jim Dahle, "For you to run out of money, two “bad” things have to happen: crummy returns AND a long life. If either of them doesn't happen, you don't run out of money." (whitecoatinvestor.com)
- You can only plan so much for retirement. (humbledollar.com)
- Why you need something to retire to. (contessacapitaladvisors.com)
- Tony Isola, "As we age, our wealth tends to grow, but our time shrinks. Maximizing time must be the priority." (tonyisola.com)
Relocating
- Why downsizing a home in retirement is no longer a no-brainer. (barrons.com)
- How to find a new place to live in retirement. (humbledollar.com)
Caregiving
- Six questions to ask an aging parent or family member. (vox.com)
- More men are taking on the role of caregiver for aging parents. (wsj.com)
- Caregiving is oftentimes a full time job. (vox.com)
Personal finance
- No one has it all figured out. Tradeoffs abound. (awealthofcommonsense.com)
- Five common mistakes in personal finance. (bestinterest.blog)
- What is the goal of reverse budgeting? (thomaskopelman.com)
- Young investors should hope for the stock market to go down, not up. (awealthofcommonsense.com)
- Automatic enrollment in retirement savings plans works. (klementoninvesting.substack.com)
- Why people get easily tripped up by flexible spending accounts. (vox.com)
- College admissions counseling is a new employee perk. (npr.org)
- What to do when you need a vacation, but can't afford one. (thejointaccount.beehiiv.com)
- Integrity is doing what you say. (forbes.com)
