Some of the best investing and personal finance articles from around the web.
U.S. hiring slowed sharply, with 114,000 jobs added in July (Wall Street Journal). Some context behind all the red stock market numbers.
Which strategy wins the retirement spending “smackdown”? (Think Advisor). I’m not sure this will settle the question, but it’s worth hearing what various researchers and advisors have to say about the best ways to withdraw money from a retirement account.
“Why can’t I take Social Security early and invest it?” (The Best Interest). This is another one that people like to debate. For my money, the spousal factor — i.e., waiting until age 70 to claim benefits so that my wife will eventually be able to assume my benefit — looms large.
Summer travels: Applying lessons from Die With Zero (Can I Retire Yet?). Time bucketing and gifting — topics worth considering.
How to avoid these 6 costly Roth conversion mistakes (Physician on Fire). The Social Security “tax torpedo” and other necessary cautions.
No slowing down (Humble Dollar). It’s one thing to write about end-of-life financial decisions when you’re healthy, but it’s a very different matter when you’re not.
Why you should bring your kids into your estate planning meetings (The White Coat Investor). You may not agree with all of these ideas, but the overarching point — that it’s important to talk with our kids about what we plan to leave them — is likely something we can all agree on.
Social Security announces upcoming changes to accessing online services (SSA). If you set up an online Social Security Administration account before September 2021, you need to transition to a different login process.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.
