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 (Bloomberg via 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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