Some of the better investing and personal finance articles from around the web — a day early this week because we'll have updates for our Dynamic Asset Allocation and Sector Rotation strategies tomorrow.
- Nervous retirees are too scared to spend (Bloomberg). “I am surprised how often I sit with a retired couple and have to encourage them to spend more.”
- 401(k) lawsuits are rising: Why so many workers sue their employers over savings plan (USA Today). How would you rate the investment options in your plan?
- Here’s what you should know about Medicare costs if you’re nearing age 65 (CNBC). First, it isn’t free.
- U.S. Medicare readies new plan-shopping website, but timing prompts concerns (Reuters). Many users had issues with the old site, but is the new site being rushed into service?
- Estate planning for people with no heirs (Schwab). It’s still far better for you to make choices about who’ll get what, rather than leaving those decisions to others.
And from the blogosphere…
- The biggest taboo — inheritance (The Belle Curve). The importance of leaving no surprises.
- Why you should have an investment policy statement (The Street). When the market gets rocky, it’s best to have already decided what you’ll do — and what you won't do.
- Don’t need to downsize yet? Great. Start now. (Next Avenue). What’s the wrong time to downsize? “When you’re too frail, too unwell or too overwhelmed to do the job adequately.”
- What makes a home beautiful (Becoming Minimalist). Of course, you won’t have to downsize if you never up-size in the first place.
- Moving toward sacrificial giving (Ron Blue Institute). Taking a lesson from the Macedonians.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.