3 Retirement Rules of Thumb That Actually Work

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By Walter Updegrave, RealDealRetirement, @RealDealRetire

We’re always told not to rely on rules of thumb for retirement planning. They’re too general, have too many exceptions and produce less-than-optimal results. All of which is true. And yet, rules of thumb can also be helpful, especially if the alternative is not planning at all or getting too fancy and botching things up. More»

Will an 85% Chance of Success Assure Me A Soft Landing In Retirement?

By Walter Updegrave, RealDealRetirement, @RealDealRetire

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Ask Real Deal Retirement

My financial adviser ran Monte Carlo simulations that say I have an 85% chance my retirement savings will last into my 90s. Is an 85% probability safe enough?
—Tracey G.

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3 Steps Retirement Investors Must Take Now To Survive This Market

By Walter Updegrave, RealDealRetirement, @RealDealRetire

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Is the recent volatility a prelude to worse to come? Or just another scary bump in a near six-year bull market that still has legs? Neither I nor anyone else knows the answer. But I can tell you this: It would be foolish not to take the recent turmoil as an opportunity to re-evaluate your retirement investing strategy. More»

3 Little Mistakes That Can Sink Your Retirement

By Walter Updegrave, RealDealRetirement, @RealDealRetire

SinkingBoat

We think it’s the big mistakes that cost us in retirement, like hiring an unscrupulous adviser or funneling savings into a risky investment that goes belly up. Major errors can certainly hurt. But the smaller seemingly sensible decisions we make without really examining the rationale behind them can also come back to bite us in the… More»

Should I Buy Stocks Now—Or Is The Market Ready to Dive?

By Walter Updegrave, RealDealRetirement, @RealDealRetire

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 Ask Real Deal Retirement

I’ve been sitting on the sidelines as the stock market has climbed in recent years. I want to invest, but I’m afraid I’ll buy in at the top and lose big. Should I invest now, despite the recent turmoil? Or should I wait and get in at the beginning of the next bull market? More»

How Smart An Investor Are You? Try This Quiz

By Walter Updegrave, RealDealRetirement, @RealDealRetire

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It’s been easy to score big gains in stocks the past few years. But if the recent turmoil in the continues, you’re going to need more than luck to succeed. To find out how savvy you actually are about investing, take this quiz. More»

How To Build A $1 Million IRA

By Walter Updegrave, RealDealRetirement, @RealDealRetire

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The Government Accountability Office (GAO) released a report recently showing that more than 630,000 IRAs had balances greater than $1 million—and 314 had balances of more than $25 million. I’ll leave the policy discussions to others. This column is for people who might be interested joining the ranks of the IRA millionaires and are wondering: Can a regular Joe really save enough to end up with a $1 million IRA? More»