Here's the Money Roundup for an early January day. Stay warm!
The era of free government is over (Editorial, Wall Street Journal). "Rising bond yields around the world signal new fiscal realities."
Charted: The pyramid of S&P 500 returns (1874-2024) (Visual Capitalist). Annual returns between 10% to 30% have occurred about a third of the time.
Happy first birthday, bitcoin spot ETFs (Sherwood). Altogether, bitcoin ETFs now hold more than $100 billion.
More companies are buying bitcoin, betting on rewards over risks (New York Times via archive.today). "The investments are a sharp pivot away from the cautious approach of the traditional corporate treasury department."
Retirement spending is ridiculously tax-advantaged (Jim Dahle, White Coat Investor). "Want to pay less in taxes? Retire."
How to pay next-to-nothing in taxes during retirement (Ben Carlson, A Wealth of Common Sense). More insights on how to (legally) avoid taxes in later life.
Here are big changes retirees can expect from Social Security and Medicare in 2025 (CNBC). Among them: All Social Security beneficiaries to get 2.5% cost-of-living adjustments. Plus, many retired state employees will be eligible for higher benefits.
Need more money for retirement? A lost 401(k) may rescue you (Kiplinger). More than 29 million 401(k) accounts have been forgotten by their owners.
For richer, for poorer: How to steward money in marriage (Randy Alcorn via FaithFi). "The long-term consequences are severe when a couple disagrees about money."
California fires: How to recover tax records and other important documents (Kiplinger). News we hope you don't need to use.
Comments? Weigh in below.
