Some of the best investing and personal finance articles from around the web.
- A chance for normalcy (Mauldin Economics). Economist John Mauldin doesn’t expect a return to something resembling our pre-pandemic lives until 2022, at the earliest.
- Tesla finally joins the S&P 500 (Morningstar). How including the EV maker may make index funds riskier. See also Should index fund investors care about Tesla getting added to the S&P 500? (A Wealth of Common Sense).
- When Medicare choices get ‘pretty crazy,’ many seniors avert their eyes (NY Times). More than half of enrollees don’t review their options during open enrollment, and as a result, they may be spending more than necessary.
- Oops! A surprising factor retirees forget to plan for (Kiplinger). Your circumstances and priorities will likely change quite a bit over the course of your retirement.
- How long will you live? Try this (Squared Away). Retirement planning calculators always ask about life expectancy. This might help you get to a more accurate number.
- The most important assumption (The Belle Curve). When it comes to retirement planning, it isn’t how much you save or your rate of return.
- Year-end tax planning under the forthcoming Biden presidency (Kitces). Of course, no one really knows what changes will take place, but here’s what you should be thinking about—and possibly doing—right now.
- Late to the rescue (Humble Dollar). What’s the plan for managing your parents’ finances when they need help? And what’s the plan for managing yours when you need help.
- Socialism failed miserably for the American pilgrims, just like it does everywhere (The Federalist). Those who claim real socialism has never been tried in America need to brush up on their history.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.