This week's picks for the best in personal finance from around the web.
Percentages vs. dollars---a battle for investors' attention (Wall Street Journal). How different financial perspectives impact how we think about---and make decisions about---our investments.
How a parent's healthcare bills could hurt you (MarketWatch). Make sure you know what you're signing up for when you sign on the dotted line.
The longevity annuity: a big deal for retirees (MarketWatch). How a new government ruling helps retirement savers protect against the "risk" of living a long life.
Parents don't want to talk money with their adult children (The Street). When it comes to finances, the generational divide is as strong as ever.
Saving for a bucket list that's likely to evolve (NY Times). What you think will matter in retirement may not matter as much once you get there.
And from the blogosphere...
A correction is coming (Bloomberg View - Barry Ritholtz). One of the best investment bloggers thinks the much-anticipated correction may be here soon. And just a few days later...
Has the market correction started? (Bloomberg View - Barry Ritholtz)...thinks it may have arrived.
Despite exposure of Madoff fraud, new Ponzi schemes emerge (Dealbook - a NY Times blog). There's seemingly no end to the number of financial fraudsters, or those who are willing to buy their lies.
A little bit of realism can result in a lot more happiness (Sketch Guy - a NY Times blog). The importance of bridging the gap between financial expectations and reality.
Four questions for Cullen Roche (The Reformed Broker). Good blogger-on-blogger interview, including the dangers of "mistaking a life of owning for a life of living."
Why the rich care more about animal welfare than their fellow man (Weakonomics). You may not agree with this blogger's analysis (I don't, either), but the chart is, well, interesting.
We'd love to hear your responses to any of the above. To weigh in, just meet us in the comments section.