How To Protect Your Retirement Savings In A Tumultuous Market

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By Walter Updegrave, RealDealRetirement, @RealDealRetire

Ask Real Deal Retirement

I’m retired and thinking of getting out of the stock market because I don’t want to deplete my retirement assets. What can I do to protect my savings in a market like this one? More»

The 3 Steps You Must Take With Your Retirement Portfolio Right Now

By Walter Updegrave, RealDealRetirement @RealDealRetire

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If you haven’t reflexively jettisoned stocks from your retirement portfolio in the face of the market’s recent wild swings, congrats. Panic is never a smart financial move. But staying calm in periods of upheaval may be enough either. To really get your retirement portfolio in shape for the future—whatever it may bring—you need to take these three key steps. More»

Why You Can’t Match An Annuity’s Guaranteed Income Payout Investing On Your Own

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Recent research by retirement income expert and former U.S. Treasury Department official Mark Warshawsky shows that immediate annuities generally provide you with more lifetime income than you could get by following the 4% rule or similar strategy of systematic withdrawals. One reason: Annuities have a unique and valuable advantage investors simply can’t duplicate on their own. More»

The 4 Questions You Must Answer To Have A Secure Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Given the flood of often confusing and conflicting information from financial services firms, market pundits and the media, it’s easy to lose sight of what really matters when it comes to retirement planning. No doubt that’s one reason only 32% of American workers surveyed by Personal Capital reported they are very or somewhat prepared for retirement. But there’s an easy way to improve your odds of a secure post-career life: Focus on the fundamentals, which can be boiled down to these four key questions: More»

Straight Talk to Millennials: The Right Way To Get A Leg Up On Your Finances

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

I’m in my 20s and would like to start taking steps to ensure a secure retirement and financial future. But like many people in my generation I’m confused about where to start, who to contact and what to do. Can you point me in the right direction? More»

Thinking Of Doing A Back-Door Roth IRA? Here’s A Strategy That May Work Better

By Walter Updegrave, RealDealRetirement @RealDealRetire

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The “back-door Roth IRA”—a technique that allows investors barred from contributing to a Roth because their income is too high to fund one by opening and immediately converting a nondeductible IRA—has gotten considerable attention lately. Some people are concerned that a future Congress might eliminate the strategy; others worry that simultaneously funding and converting a nondeductible IRA might violate the “step transaction” doctrine. But while the back-door route remains viable, at least for now, high-income investors may want to consider an alternative that can often get more money into a Roth. More»

Here’s A 3-Step Plan To Get You The Retirement Income You Need

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

My wife and I have substantial 401(k) balances and hope to retire in five years or so. But we’re not sure about how to turn our savings into income. We’re considering buying an annuity, but don’t know whether that’s a good move or whether we should be doing something else. What do you think? More»