Our latest choices for the best investing and personal finance articles from around the web — a day early this week since we’ll have the February issue for you on Friday.
Is it really necessary to rebalance your investment portfolio? (CNN Money). Generally, it’s still a good idea, but you don’t need to be obsessive about it.
How to bridge a retirement shortfall (Morningstar). There are only so many factors you can adjust, but a little fine tuning in many of them can go long way.
3 big money mistakes to avoid once you’re in retirement (Time). Have you taken these issues into account?
Following your doctor’s orders can save you nearly $90,000 (CNBC). Being a good patient is good for your health — and your wallet.
Don’t count on a 529 state tax break for K-12 tuition (Saving for College). This has already proven to be one of the more confusing aspects of the new tax law. Best advice? Go slow and talk to your state’s 529 plan administrator.
And from the blogosphere…
The remarkable financial benefits of delaying retirement (Bloomberg View). Even putting it off by a few months can have a big impact.
Acquisition and home equity mortgage interest tax deductibility after TCJA (Kitces). This is another aspect of the new tax law that’s causing confusion. It looks like you may be able to deduct the interest on a home equity loan after all. It all depends on what you use the money for.
Avoid these mistakes with inherited IRAs (MarketWatch). Knowing the rules can have a big impact on the value of the account and the taxes you’ll pay.
Minimizing regret (Retirement Café). It’s difficult for most of us to imagine the future, but it’s so important to try.
How perception shapes reality (Mullooly). When it comes to investing, this factor is well within your control.
We’d love to hear your responses to any of the above. To weigh in, just meet us in the comments section.