Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why $1 million ain’t what it used to be.
Quote of the Day
"Daily, weekly, monthly, and even yearly fluctuations shouldn’t have an impact on the long-term investor with a thought-out financial plan. You have no control over the swings. You control having a plan and sticking with it."
(Jeff Locke)
Annuities
- Annuities are sold not bought. (blairbellecurve.com)
- The world's simplest annuity explainer. (nytimes.com)
Roth IRAs
- Take advantage of a Roth IRA while you can. (financialsamurai.com)
- How you can give your kids a leg up if you own your own business. (humbledollar.com)
Retirement
- What is the obsession with retiring early? (fattailedandhappy.com)
- Retirement planning has to be an iterative process. (retirementfieldguide.com)
- The goals of social security today are very different from when the program first started. (humbledollar.com)
Family dynamics
- Some strategies parents can use to help their kids buy a house. (businessinsider.com)
- No matter how long you are married, money will still be an issue. (nytimes.com)
- Should you start business with your spouse in retirement? (wsj.com)
Needs vs. wants
- Three reasons why you are never satisfied. (thereformedbroker.com)
- Why lifestyle creep is such a killer. (moneymaven.io)
Personal finance
- The wealthy don't always drive fancy cars and live in McMansions. (whitecoatinvestor.com)
- Some things to consider doing if you think 2019 is going to be a tough year. (humbledollar.com)
- Estate planning is, in part, an exercise in forecasting. (financialsamurai.com)
- If time is money, how do we waste less time? (humbledollar.com)
- You can't plan for everything. Stuff happens. (financialsamurai.com)