Some of the best investing and personal finance articles from around the web.
The price of admission (Charlie Bilello). “Before investing, many will tell you that they can stomach a 20% decline…. But when it actually happens, and real dollars are at stake, the true test begins.”
Most adults greatly underestimate the realities of aging and long-term care (Center for Retirement Research). “Underestimating healthcare risks — particularly the risks of long-term care needs — has real costs.”
What we’ve learned from 150 years of market crashes (Morningstar). If you can handle the short-term pain, there are impressive long-term gains to be had.
‘Shameful’: AARP’s partnership with healthcare giant faces backlash amid recent controversies (Fox Business). Is it much ado over nothing, or does it call into question whose interests the organization has at heart?
When buy-and-hold dies (A Wealth of Common Sense). “Market timing is hard because, even if you get out at an opportune time, you have to nail the landing and get back in. Few people can do both.”
Four questions to discover ‘actual’ risk tolerance differences in couples (Nerd’s Eye View). Understanding your own risk tolerance is challenging enough, but how do you also incorporate your spouse’s risk tolerance?
Here’s the best age to take Social Security, based on the one variable that really matters (USA TODAY). The assumptions you make about how long you may live matter greatly.
How financial success can lead to spiritual failure (FaithFi). The “virtuous cycle of success” begins in a very counter-cultural place.
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