Some of the best investing and personal finance articles from around the web.
New all-time highs (A Wealth of Common Sense). “If you’re a long-term investor, new all-time highs are perfectly normal and nothing to be afraid of.”
2 expensive mistakes most retirees make — and how to avoid them (MarketWatch – free registration may be required). There’s a lot of (understandable) fear related to finances in retirement. For many, that leads to conservative decision-making, maybe overly so.
This frequently used Social Security strategy could cost you $182,000 (CBS Money Watch). This article builds on the last one, quantifying the cost of claiming Social Security earlier than later.
Is your cautious retirement spending doing more harm than good? (Morningstar). This one builds on the MarketWatch article as well — “What’s at stake for these retirees is not becoming destitute, but rather not fully enjoying the fruits of their labor.”
It’s getting harder to tell investing from gambling, and it’s not your fault (Wall Street Journal). “You need to be on guard not only against the craziness of this market, but the possibility that you won’t be able to resist it.”
Why do older sellers get less money for their homes than younger sellers? (Center for Retirement Research). If you’re going to age in place, be sure you can afford to maintain your home.
These are the top 5 things retirees are worried about right now (MarketWatch via MSN). Many retirees are finding that the cost of living — particularly in three areas — is painfully higher than they anticipated.
4 financial scams targeting seniors to watch for (Wall Street Journal). “Swindlers have stepped up their game with artificial intelligence and deepfakes.”
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