Some of the best investing and personal finance articles from around the web.
- Unprecedented 401(k) boost: IRS increases amount you can save for retirement in 2023 (CNN). Thanks largely to high inflation, workers age 50 and older will be able to sock away up to $30,000 — a more than 11% increase over 2022’s limit. See also, Inflation causes IRS to raise tax brackets, standard deduction by 7% (Wall Street Journal).
- Bonds will determine where bear market in stocks goes next (Bloomberg via Advisor Perspectives). Call it “informed speculation,” but reports of an impending recession may be premature at least.
- Four hard investing lessons from 2022 with silver linings (Validea). Some of the conventional investing wisdom has been turned on its head this year.
- I bond yields are set to drop next month (Advisor Perspectives). They’ll still be far higher than the rates offered by savings accounts.
- Inherited a Roth retirement plan? Advice on withdrawals is all over the map (Financial Planning — free account required). It pays to know the rules, but that’s easier said than done.
- Retirement can mean a loss of identity — how to bring happiness to your next act (MarketWatch). It’s an all-too-common problem that gets all-too-little attention.
- A guide to biblical investing (Crown). Your faithful scribe joined Crown’s Calvin Dillinger recently for a discussion about various topics at the intersection of faith and finance — from what it means to invest from a biblical perspective to the red-hot FIRE movement.
- Fear itself (Morningstar). Good suggestions for dealing with the emotion that can drive so much unhelpful investing behavior.
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