Fall is in the air! (Well, at least for a few days here in often-hot-in-autumn Kentucky — highs here will be back in the 80s soon.)
Whatever the weather is like where you are, we hope you enjoy the first official weekend of fall. For your reading pleasure, here are several interesting articles we found this week on the web.
- Democrats’ plan for new exchange-traded fund tax draws industry fire (CNBC). Sponsors insist the new tax would hit only the rich. Opponents counter that the measure could have "unintended consequences, including for millions of smaller investors" Stay tuned.
- The debt-ceiling fight, explained (Washington Post). And if you'd like to see $1 million spent in less than a minute, check out the U.S. Debt Clock.
- Retirees likely to receive significant bump in Social Security benefits in 2022 (Kiplinger). This isn't official yet, but the inflation-related adjustment for 2022 is likely to be about 6%.
- The political risk of delaying Social Security until 70 (Mike Piper, Oblivious Investor). Social Security is on a collision course with financial reality, as the cover article in the October SMI newsletter will explain. So should the possibility of future SS benefit reductions and tax increases affect the timing of your claiming decision?
- Often overlooked (Adam Grossman, Humble Dollar). Six aspects of retirement finances that don't get as much attention as they should.
- How to win any argument over investments (Charlie Bilello, Compound Capital Advisors). Never forget that no one can't predict the future — or that there's a cycle to everything.
- What's changing in the new FAFSA and what's not (New York Times). The latest version of the federal form for college aid will be available next Friday.
- Two-thirds of businesses around the world are struggling to hire (Bloomberg – free but limited access). If only I had a nickel for every "Help Wanted" sign I've seen in the past few months...
- Yes, age does make us more generous (Wall Street Journal). Some people are young and generous and others are old and stingy. But, generally speaking, "there seems to be something about getting older that...makes us more generous," according to researchers. Maybe it's because older people start to realize, "You can't take it with you."
- Should I speak up when I disagree with my company's political positions? (Chuck Bentley, Crown Financial Ministries). Many Christians are wrestling with this question.
Have a comment on any of the above? "Join the Discussion" below!