Here's our latest collection of interesting reads on investing, personal finance, and stewardship.
- You probably won't retire when you think (Morningstar). New research suggests roughly half of us will retire earlier than planned.
- What to do when your term life insurance is expiring (Kiplinger via Fidelity). 20-year term insurance first became popular about 20 years ago, so now lots of policyholders are now facing a choice about what to do next.
- Millennial investing: You should make this switch today (Investors Business Daily). This is something of a follow up to our August issue cover article, The Millennial Investing Crisis.
- These charts capture just how out of control student debt is getting (Daily Caller News Foundation via The Stream). Overall, Americans have more student-loan debt than either credit card or auto-loan debt. And the Federal Reserve Bank of New York says nearly 11 percent of that student debt is delinquent or in default.
- Tap and pray: Churches using card readers for donations (Associated Press). This article focuses on "contactless" payments and other payment systems now being used by many churches in Europe. "I'm very glad our church has entered into the 21st century," says one parishioner.
And from the blogosphere...
- God's Kingdom has a startling economic system (Michael Rhodes & Robby Holt, The Gospel Coalition). An excerpt from the recently published book Practicing the King’s Economy: Honoring Jesus in How We Work, Earn, Spend, Save, and Give (Baker Books).
- Separated at birth (Adam Grossman, Humble Dollar). More than half of 401(k) investors now have their money in a single target-date fund. Unfortunately, the retirement-plan versions of such funds often carry high expenses.
- Four reasons not to put your insurance on autopilot (Melissa Batai, Bible Money Matters). It's a good idea to re-evaluate your homeowners and auto insurance at least every couple of years.
- Historical bull and bear markets of the S&P 500 (Bespoke). A chart here of bulls and bears going back to 1927 (although it's important to note that not everyone measures bulls/bears in the same way).
- Volatility 101: An introduction to market volatility (Visual Capitalist). A good primer, with some nifty graphics.
We'd like to hear your comments about any of the above. Meet us in the discussion section below.