What would some recommended reading about saving for retirement? For example, I have a healthy amount of savings but none is invested and it sits in an account doing nothing (@ 0.1%).
I read the obvious subreddits, have a basic working knowledge of financial concepts, understand that I should just invest in the broad market / ETFs and not touch it for decades.
But when I go to invest, I feel I have no idea what I'm actually doing. When I look for brokers I'm bombarded with advertising and marketing and get frustrated with what I feel is a lot of dishonesty. Decades of stories about pension funds screwing people over mean I have no trust in the "systems" at all, which is probably wrong. Why would I pick one broker over another? Or a pension fund over another? Should I just go with a big name like Vanguard as I could always move it later?
For example, I've never had anyone answer this question: If a pick company Z, invest through them and one day they go bust or disappear, what actually happened to what I invested? I understand risk and that some financial instruments are like bets and so on but seemingly can't wrap my head around this concept. If I buy specific stock Y, through broker Z and broker Z disappears, what happens to my stock Y? Like where is that actual record kept that I have X quantity of stock Y?
It's really dumb questions like these that stop me doing anything and lead me to fill an account, technically losing money from inflation.