Weekend reading: $1 million retirement, lifetime investing fees, and more

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Hi everyone and welcome to weekend reading, where we share some of the best posts we read over the past week. We hope you enjoy them as much as we did. If you haven’t already, please consider following us on TwitterFacebook, and Google+.

Personal Finance

Here is an inspiring story about a couple who doesn’t need $1 million for retirement on My Own Advisor. There is a lot of emphasis by financial institutions that $1 million is the magic number for retirement, but this couple shows that with some good saving habits and sound advice, you can get by with less than this amount.

On the other hand, if you really do want $1 million by retirement, here’s a post on the Business Insider showing you how much you need to save. Just another powerful illustration of compound interest at work.

Here are 6 of the most common ways people sabotage their finances that you want to avoid. This Financial Post article shows that it’s easier than you think to wreck your finances.

Investments

Should you worry about inflation affecting your stock returns? Ben at A Wealth of Common Sense argues that you shouldn’t worry about something you can’t control, like inflation. Instead, you should worry about things you can control, like the amount you save.

Preet Banerjee shows how much investing fees you will pay in your lifetime. While you may not feel like your investments are charging too much fees, they add up over the years and the number may surprise you.

Insurance

Check out this post by LSM Insurance to discover unusual ways that people can die. It just goes to show that you never know what is going to happen tomorrow and to expect the unexpected.

Here at AAFS Insurance, we continued our product review series by looking at Assumption Life’s FlexOptions, which is an excellent substitution for mortgage life insurance.

We hope you enjoy the reads this weekend and be sure to check back next week for a new post.