Some of the best investing and personal finance articles from around the web.
New study finds homeowners over 65 lose $20k when selling their homes (Kiplinger). There are several reasons, some of which can be mitigated with better care of the home.
Weird windfalls (Less Lonely Money). Talking with your kids about what you plan to leave them doesn’t have to be as hard as it feels. But it’s a conversation that does have to happen.
How to build a better retirement-spending plan than the 4% rule (Wall Street Journal). Thoughts on tailoring the rule to your situation.
Should you move to be near your kids and grandkids in retirement? (Clark Howard). “Retirees who live ‘near or close’ to at least 50% of their children are roughly five times more likely to be happy than those who don’t.” That’s the upside. However…
How to build a retirement that actually fits your life (Wall Street Journal). Saving for your laters years is about so much more than hitting a financial target.
Seven misconceptions about retirement planning (Center for Retirement Research). Best to go into retirement with eyes wide open.
Retirees don’t need to fear a lost decade. They need a plan (Morningstar). How to be wise without being overly conservative (or fearful).
Trump accounts for newborns are nothing but a diversion (Center for Retirement Research). If you qualify for the $1,000 in government money, be sure to get that. After that, though, beware: “Trump Accounts are structured as a bizarre mix of Traditional and Roth IRAs, but with additional restrictions, such as virtually no ability to withdraw money before age 18.”
Tithing 10% in retirement: What counts as income? (The Everyday Advisor). It’s a question all Christian retirees will face. How have you sorted this one out?
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.
