How Much Should I Be Saving For Retirement?

CoinStacks-$50Bill

By Walter Updegrave, RealDealRetirement, @RealDealRetire

Ask Real Deal Retirement

I’m a 22-year-old college grad who has recently started his first full-time job. How much should I be thinking about retirement and what is the appropriate amount to save?

More»

Doing An IRA Rollover? Ask These 3 Questions To Avoid Getting Fleeced

By Walter Updegrave, RealDealRetirement, @RealDealRetire

Sheep-1

To you, the money you’re thinking of rolling over into an IRA represents a lifetime of saving you’re counting on to sustain you in retirement. But to some financial advisers, it’s a commission honey pot. So before you move it anywhere, be sure to ask yourself these three questions. More»

Want to Boost Your Spending Power In Retirement? Think Location, Location, Location

By Walter Updegrave, RealDealRetirement, @RealDealRetire

BestPlaceCompass

You’ve heard the old saw that the three most important things in real estate are location, location, location. Well, that truism can apply to retirement too. Depending on where you retire, you may be able to dramatically boost the spending power of your Social Security check and your retirement nest egg, not to mention improve the quality of your post-career life. More»

3 Retirement Rules of Thumb That Actually Work

By Walter Updegrave, RealDealRetirement, @RealDealRetire

3ThumbsBigger

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

Parachuter

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.

More»

3 Steps Retirement Investors Must Take Now To Survive This Market

By Walter Updegrave, RealDealRetirement, @RealDealRetire

FallingChartwithMan

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»