Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at how to plan a career sabbatical.
Quote of the Day
"Your personal feelings around what you should or shouldn’t be spending reveal much about the weight of your past experiences, security in your current lifestyle, and overall perception of wealth."
(Doug and Heather Boneparth)
Podcasts
- Christine Benz and Jeff Ptak talk with Scott Burns about keeping things simple in retirement. (morningstar.com)
- Brad Barrett talks with JL Collins author of “Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence―And How to Join Them.” (choosefi.com)
Withdrawal rates
- The higher the withdrawal rate, the great the sequence-of-returns risk. (ofdollarsanddata.com)
- Contrary to Dave Ramsey's advice you shouldn't withdraw 8% of your portfolio a year. (portfoliocharts.com)
- How higher interest rates affect safe withdrawal rates. (wsj.com)
Housing
- Will home prices fall during the next recession? (awealthofcommonsense.com)
- The value of a 3% mortgage doesn't show up on consumer balance sheets. (wsj.com)
- Baby Boomers are swapping houses. (wapo.st)
Family
- How to talk to your children about money (and values). (contessacapitaladvisors.com)
- Some things to consider when doing annual gifts. (humbledollar.com)
- How a parent's charitable giving affects their children. (riaintel.com)
Stuff
- Buying stuff isn't going to fill whatever hole you have. (vox.com)
- Over a lifetime you can accumulate a lot of stuff, the chances are nobody wants any of it. (abnormalreturns.com)
Personal finance
- How to balance the scary macro situation with what you can actually do. (tonyisola.com)
- Starting hard stuff is more difficult than finishing. (wealthfoundme.com)
- A lot of early retirees don't actually stop working altogether. (humbledollar.com)
- Why is IBM ($IBM) eliminating its 401(k) match for employees? (morningstar.com)
- On the dangers of taking on student debt. (rationalwalk.com)
- Another example of how we are bad with numbers. (humbledollar.com)
- How to know when you have 'enough.' (savantwealth.com)
