This week’s picks for the best investing and personal finance articles from around the web.
How investors underestimate how long they’ll live in retirement (Wall Street Journal). “Longevity risk” has an ironic sound to it, but if you don’t plan for a long life, it can pose a financial threat.
Your new retirement options: work longer or save a lot more (MarketWatch). The math of a longer lifespan.
21 questions you’re going to need to ask about investment fees (NY Times). With the fiduciary rule in limbo, some guidance on making sure whatever financial product someone is suggesting really is in your best interests.
Myth busters: Financial planning edition (Morningstar). Misconceptions about the gift tax, Roth IRAs, and more.
Americans don’t know much about taxes — or that they might get them done for free (USA TODAY). Do you pay to have your taxes done or do them yourself?
And from the blogosphere…
It’s probably a bad idea to sell stocks because you fear Trump (The Upshot – a NY Times blog). Maintaining a healthy separation between politics and your portfolio.
I sold everything when the Patriots won (Evidence Based Investor). There are a lot of things that move the markets, and a lot of things that don’t.
Spending from a portfolio in retirement (Oblivious Investor). Three questions about how to live on the nest egg you’ve accumulated, and the difficult nature of finding definitive answers.
The blessings and challenges of caring for older family members (Next Avenue). Pilots say flying amounts to hours of sheer boredom interspersed with moments of sheer terror. Caring for an ill older relative amounts to hours of stress interspersed with moments of rich conversation.
Planning to keep your 401(k)? Be careful when you reach RMD age (Vanguard blog). There are some unique rules that pertain to this unique situation.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.