Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why it costs so much to build a new home.
Quote of the Day
"But owning a house is not only a financial decision. It’s also psychological."
(Darius Foroux)
Chart of the Day
Existing homes as percentage of homes for sale continue to shrink.
Podcasts
- Barry Ritholtz talks with Larry Swedroe about the importance of staying the course for investors. (ritholtz.com)
- Christine Benz and Amy Arnott talk with Victor Haghani, co-author of "The Missing Billionaires: A Guide to Better Financial Decisions." (morningstar.com)
- Dan Haylett talks with Eric Brotman, who is the founder and CEO of BFG Financial Advisors, about retirement as 'graduation.' (humansvsretirement.com)
Estate planning
- Why you should update your estate plans periodically. (obliviousinvestor.com)
- Estate planning should most importantly include talking about it. (wsj.com)
Retirement
- Some reasons to go back to work after retiring. (humbledollar.com)
- The golden rules of retirement travel including 'Don’t overschedule.' (cntraveller.com)
- How Social Security fits within your retirement plan. (bestinterest.blog)
Taxes
- How retirees can (legally) reduce their tax bills. (humbledollar.com)
- Don't take tax advice from TikTok. (washingtonpost.com)
Personal finance
- It's simple to put together low cost, highly diversified portfolios. That doesn't mean they are easy to hold. (etf.com)
- We spend money for any number of reasons including 'To honor earlier generations.' (humbledollar.com)
- Where you put your money depends on where you are in life. (ofdollarsanddata.com)
- What to consider when you do a risk assessment of your life. (contessacapitaladvisors.com)
- How much do people save rounding up their spending? (axios.com)
- Not every personal finance trope is true. (humbledollar.com)