Some of the best investing and personal finance articles from around the web.
- What prior market crashes can teach us about navigating the current one (Morningstar). How today’s market environment compares to past downturns and an investment lesson that comes from all of them.
- Wade Pfau: Virus crisis has slashed 4% rule nearly in half (Think Advisor). Some controversial advice from one of today’s leading retirement-income researchers.
- The 411 on RMDs for 2020 (Morningstar). Even though they aren’t required this year, why some retirees may want to take RMDs anyway.
- Majority of Americans forced to retire early (Financial Advisor). A fresh warning about the danger of counting on working as long as you’d like to.
- The real reasons people decide to buy long-term care insurance (Kiplinger). It’s about more than just the cost of care.
And from the blogosphere…
- Who pays for this? (Collaborative Fund). Government math is different than household math. For more, see Do we need to worry about government debt? (A Wealth of Common Sense).
- The key to successful investing (Retirement Field Guide). Of course, faith in God trumps this, but if you look only at investing, having faith in the future has always proven more profitable than pessimism. For more on this, see The Enduring Optimism of an Investor.
- How to never suffer (Per Diem). More reasons to consider using the bucket strategy.
- Missing a step (Humble Dollar). A real-world lesson in estate planning.
- How to give during the Covid-19 crisis (MinistryWatch). Some principles for those who feel led to further excel in this grace of giving right now.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.