I have been avidly reading Kiplinger's Personal Finance magazine ever since college. Back then, I would read the latest edition at the library.
While other financial periodicals have gone the way of the dodo, Kiplinger's Personal Finance has been able to stick around year after year!
- Periodical Name: Kiplinger's Personal Finance
- Publishing Frequency: Monthly
- Cost: $34.95 per year
This review was originally published a few years ago but receives periodic updates.
What Is Kiplinger's?
Kiplinger's Personal Finance is a monthly publication about:
- Stock and bond investing
- Money management
- Buying a vehicle
In my opinion, the magazine is geared more towards middle-aged Gen X families and those nearing retirement, but they are now including more content for Millennials.
Their stock and mutual funds tips are applicable to any reader. Kiplinger's advocates long-term investing and low-cost investing (usually recommending no-load funds or index funds with low expense ratios).
Each month they have several columnists that cover a variety of topics.
Kiplinger's Articles for April 2021
The format is very consistent each month. Every few months they publish their laterst list of their favorite stocks, ETFs, or mutual funds. Here's an overview of the articles from the April 2021 issue. This is what was included:
- A brief summary of the latest financial trends.
- In this issue, for instance, you can read short articles about potential tax changes and monitoring credit reports.
- Three articles on investing in individual stocks that normally run one to four pages in length.
- Examples include investing in tech stocks or small caps.
- Three short articles on mutual funds and ETFs.
- Normally more focused towards mutual funds and the “Kip 25” (Kiplinger's mutual fund & ETF select list)
- Other topics might focus on a specific brokerage (i.e. Fidelity) or investing themes (i.e. small caps, infrastructure, or ESG funds)
- One article about bond investing
- One or two articles on retirement planning and managing money when retired
- One or two articles on real estate and living
- One short article on the best rates for bank accounts or credit cards, automobiles, and technology
*Every issue can vary a little, but the bulk of the magazine consists of stock recommendations and money management for retirement.
I personally use Kiplinger's along with Motley Fool Stock Advisor to find most of my investing ideas. Both outlets recommend growth stocks that can fit most portfolios.
Why I Keep Reading Kiplinger's
I like Kiplinger's because it's not all one big advertisement. I once opened the pages to a lifestyle magazine my wife's subscribes to, and literally, every page was an advertisement. Even the articles were so busy they looked like advertisements themselves.
Kipilnger's does have advertisements every few pages (it's how they pay their rent) but they are tastefully spaced between articles.
As I mentioned before, I am most likely an outlier from my peers because I read this magazine. But how many people think financial advice is cool?
In my free time, one of my hobbies is reading the news and finance.
I used to have subscriptions to several finance magazines: Money, Forbes, Barron's, Wall Street Journal, and Smart Money. In addition to an occasional investing strategy newsletter that I would subscribe to for a year or two, just to see a different perspective.
Unfortunately, family life has squeezed my reading time. Nowadays, I only maintain a subscription to one of those publications – Kiplinger's.
Discover my Six favorite stock investing newsletters. (Spoiler alert: Kiplinger's is one of them.)
I like Kiplinger's because it is affordable and a monthly publication.
I have all month to read the articles, which are concise yet full of knowledge. The investment articles don't require immediate action as you can buy the stocks or funds later and still potentially have a great return.
But I've had a few investing failures, too as no publication is perfect.
I enjoyed the content, but life is busier than only sitting on the couch with a magazine in my hands.
Good Investment Ideas
In the internet age, you can get stock recommendations in quicker, more efficient methods. You can argue this makes printed publications “obsolete.” I even occasionally visit several websites where people have up-to-date similar investing information.
With all the twists and turns of the market, it's still a good idea to scan the market headlines to maximize your earning potential. I read a daily digest from one of my free investing tools.
But I like the well-balanced and detailed articles of Kiplinger's. I think its strategy is timeless and pairs well with the advice you might receive from the broker or read online.
Money Management Articles
Their money management articles are also what keep me on as a subscriber. The articles get me to think and evaluate my own financial decisions and what I can do differently to save enough for retirement.
In a nutshell, Kiplinger's provides the basic investment advice that can allow you to generate decent passive income while helping you make daily money management decisions to help you live your life today and during retirement.
Kiplinger's Pros & Cons
I will quickly summarize what I like & dislike about Kiplinger's Personal Finance
- Excellent, Affordable Magazine For Beginning & Experienced Investors
- Relatable and Digestible
- Not overly technical like other publications (anybody can read it and understand their recommendations).
- DISCLAIMER: With any investing, some individual thought is still required and you need to make the decision you feel is best.
- Good mix of conservative & aggressive investing. (No “penny stocks,” however.)
- Wide range of content on investing, real estate, insurance, and retirement in a single publication.
- Not saturated in advertisements
It only costs $35 to subscribe. This amount can be easily recouped with just one winning stock or simply using their money management tips to spend less in your daily life.
That makes it cheaper than most stock newsletters that only recommend one stock per month. Remember, you still need to research the investment ideas yourself, but you should always do that when getting advice from any platform.
- Published Monthly
This means some info could be old and commonly known for free by the time you receive the magazine. (Let's admit it, we love having an unlimited abundance of instantaneous information instantly available even though we all suffer from “information overload.”)
- Geared toward people nearing retirement
However, their stock tips and Gen X/Millennial-specific advice help ensure this magazine offers something for everybody
Will You Read Kiplinger's?
Do you like reading information about financial advice? If so, I think Kiplinger's is a good read. For $35, it's an affordable way to get sound financial advice.
It's cheaper than other investment newsletters that you might receive advertisements for in your mailbox. Plus, they offer more than just investment advice.
Do you read Kiplinger's or another financial magazine? Do you prefer print or digital subscriptions?
Josh founded Money Buffalo in 2015 to help people get out of debt and make smart financial decisions. He is currently a full-time personal finance writer with work featured in Forbes Advisor, Fox Business, and Credible.