Here's the Roundup for this week — our latest collection of interesting articles on investing, personal finance, and stewardship.
Silicon Valley Bank crisis unsettles bank investors (Wall Street Journal). It's the second-biggest bank failure in U.S. history. (The rapid rise in interest rates appears to have played a role in the collapse. See the WSJ's piece: What's going on with Silicon Valley Bank?)
The 7 streams of income to get rich (Nick Maggiulli, Of Dollars And Data). Practical advice, even if you're not trying to "get rich."
How much do Americans have saved for retirement? (Ben Carlson, A Wealth of Common Sense). "A double-digit savings rate, a balanced portfolio and a plan that you generally leave alone is a good recipe for retirement success."
Fear over Social Security's future leads some to claim retirement benefits early (Wall Street Journal). "The path we’re on leaves massive uncertainty for people trying to plan their retirements.”
Senators call for two changes to help encourage Social Security beneficiaries to claim retirement benefits later (CNBC). The senators want the Social Security Administration to stop calling age 62 "early eligibility age." Instead, it would be the "minimum-benefit age."
America is ignoring its bulging budget (Brian Riedl, National Review, soft paywall – free for most users). "Not even the worst fiscal outlook in memory has shaken Washington out of its complacency."
How to deal with property insurance claims after storms (Kiplinger). Hiring an attorney could slow down the process of resolving your claim while adding unnecessary expense.
5 money temptations to flee from (Art Rainer via FaithFi). "By fleeing these temptations, we keep money in its proper place."
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