The Odds for a Retirement Nest Egg, Recalculated [New York Times] “Conventional wisdom recommends that investors start with a high allocation of stock in their portfolios when they are young and reduce it as they approach retirement. That makes intuitive sense, but a recent study of real-world portfolio returns has found that there is no particular advantage in this approach.”

The 5 Best (and Worst) 529 College-Savings Plans [Smart Money] “Here’s a breakdown of the winners and losers in Morningstar’s survey of 529 college-savings plans.”

Controlling Spending is the Key to Building Wealth [Free Money Finance] “The basic premise of wealth must be understood. It doesn’t matter whether you earn $20,000 a year or $200,000. The only thing that makes you wealthier is regularly spending less money than you make.”

10 tips to clip travel cancellation fees [Bankrate] “Smart moves can help curb cancellation costs, although you usually can’t avoid them altogether. In any case, the earlier you start, the better.”

Vacation where the dollar is still strong [CNN Money] “Check out these 7 places where the greenback is worth a lot more than the paper it’s printed on.”

— FREE MONEY FINANCE
(Photo: Bill in Ash Vegas)

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