Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at some decision you need to make about life insurance.
Quote of the Day
"Money is merely a tool. To use economic jargon, it’s a factor in the production of your happiness. Figure out your goals and then figure out how money can help you get there."
(Jim Wasserman)
Retirement
- Retirement is as much about the elimination of obligations as anything else. (ibj.com)
- 20 ways to blow your retirement. (humbledollar.com)
- Retirement spending is not unlike driving in the fog. (theretirementcafe.com)
- Having children puts a big dent in your retirement savings. (thebasispoint.com)
- Why the 4% rule doesn't work. (monevator.com)
FIRE
- Four things you give up when you retire early. (caniretireyet.com)
- Don't let your pursuit of 'the number' ruin your life in the meantime. (radreads.co)
Insurance
- Why term life is almost always the right life insurance decision. (humbledollar.com)
- Insurance companies are combing through your social media to assess your riskiness. (wsj.com)
Investing
- How to build a portfolio you don't need to babysit. (morningstar.com)
- Why some people are reluctant to sell stock in their employer, even if they are overweight. (humbledollar.com)
- In theory, trend following strategies can help mitigate tail-risk in retirement. (rivershedge.blogspot.com)
Personal finance
- Mental accounting isn't optimal but it works. (humbledollar.com)
- Spend your money on stuff you really care about. Cheap out on the rest. (thesimpledollar.com)
- Fintech firms are making it easier for borrowers to deal with their student loans. (iconocapital.com)
- Shouldn't technology have made filing your taxes easier by now? (digg.com)
- On the horrible state of financial literacy in the US. (pointsandfigures.com)
- Teacher pensions are horribly backloaded. (tonyisola.com)