Our latest picks for the best investing and personal finance articles from around the web.
- How long will your $1 million last in retirement? (Investor’s Business Daily). Working through the numbers step by step.
- An action plan for long-term care (Morningstar). Keep in mind that “long-term care” does not necessarily mean “nursing home care,” as this article explains.
- If your Medicare coverage changes include Medigap, beware of snags (CNBC). It’s important to know the rules.
- For Boomers reframing aging, age-proofing a home won’t come cheap (Kaiser Health News). The examples in this article may be extreme, but the point is well-taken — there are costs involved in “aging in place.”
- Fewer Americans are giving money to charity (and it’s not just because they’re worried about money) (MarketWatch). Declines in giving may be indicative of a more troublesome decline.
And from the blogosphere…
- Everything you need to know about recessions (A Wealth of Common Sense). You’re bound to find a few surprises here.
- Rorschach-test economics (The Big Picture). What to make of it when each economic data point has a counterpoint.
- Safeguarding against confirmation bias in the information age (Calibrating Capital). If this point/counterpoint world we’re living in weren’t confusing enough, we also tend to seek out information that confirms our point of view.
- Different kinds of stupid (Collaborative Fund). In other words, an investor’s got to know his or her limitations.
- How can I know if I’m being greedy? (The Gospel Coalition). “It’s easy focus on egregious examples or external manifestations while overlooking the roots tangled up in our own hearts.”
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.