Some of the best investing and personal finance articles from around the web.
Retirees drain savings faster to cope with inflation (Wall Street Journal). Inflation is causing many to draw down funds more quickly than planned.
Just 4% of current retirees say they are ‘living the dream,’ survey finds. Here’s why (CNBC). Top concerns? Inflation, higher-than-expected health care costs, and concerns over a possible major market downturn.
Long odds (Humble Dollar). If you knew you were going to live into your 90s, how would that alter your retirement plans?
Is the 4% rule too safe? (Think Advisor). Despite today’s concerns about inflation, some advisors say that withdrawing retirement funds at a higher rate should work out just fine.
What do we do with the stuff our kids don’t want? (Next Avenue). What’s priceless to you may be worthless to your kids. Talk with them early about what they may want.
The 7 best retirement books (Morningstar). Recommended reading, with guidance on everything from portfolio withdrawal strategies to finding new passions in later life.
3 ways to prepare heirs for wise wealth transfer (National Christian Foundation via FaithFi). “We are seeing more families make the decision to give while living."
Overcoming frugality in retirement: The path to rich experiences and memories (Human vs. Retirement). Healthspan vs. lifespan, and other points to ponder as you prepare for later life.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.
