Some of the best investing and personal finance articles from around the web.
- The recession is testing the limits and shortfalls of the Federal Reserve’s toolkit (Washington Post). The Fed is trying to assure that the rebound, “when it does come, is as vigorous as possible,” but much depends on factors that are beyond its control. Also read, A recap of Fed chief Powell’s market moving comments on rates and inflation (CNBC) in which Powell said the Fed is not out of ammo yet.
- If you’re afraid of running out of money in retirement, here are some steps you can take (CNBC). A good summary of the main strategies available to retirees.
- Retirement planning when you have enough (Morningstar). If you’ve won the game, do you really need to keep playing?
- The billionaire who wanted to die broke…is now officially broke (Forbes). A rare example of someone who did all of his “givin’ while he’s livin.’”
- 10 things you’ll spend less on in retirement (Kiplinger). Pair this one with 10 things you’ll spend more on in retirement.
From the blogosphere…
- Investing is easy? (Compound Advisors). Far from it. How else to explain why a company with revenues of $1.8 billion could have nearly the same market cap as a company with revenues of $130.4 billion?
- The seven cases to do a Roth conversion (Advisor Perspectives). Turn the seven cases into questions and if the answer to each one is yes, a conversion probably makes sense.
- The age most Americans are claiming Social Security benefits (Clark Howard). More than 70% of older Americans typically make a decision about Social Security in which only a small fraction gain financially.
- 90,000 hours: how God grows us through our jobs (The Gospel Coalition). “We get the most out of our work — and experience the most fulfillment in it — when we receive it as a steward, to be harnessed for God’s glory.”
- What you need to know about taxes and your retirement (Next Avenue). Many retirees are surprised to discover that the money they spend on taxes is their single largest outlay.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.