What Will Trigger The Next Market Meltdown? Does It Matter?

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By Walter Updegrave, RealDealRetirement, @RealDealRetire

What will ignite the fuse that sets off the next big market crash? Greece, as it tries to cling to—or exit—the European currency union? China, whose economy and stock market are already showing signs of stress? Or will it be something closer to home, say, a snafu by the Federal Reserve as it attempts to unwind years of loose monetary policy? More»

5 Questions You Need To Answer Before Pulling the Trigger on Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

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When Ameriprise Financial asked 1,000 recent retirees as part of its 2015 Retirement Triggers study what led them to retire, more than half answered it was because they “decided it was time to enjoy life” or they just “no longer wanted to work.” Perfectly valid reasons. But before you call it a career, you want to be sure you’re emotionally and financially ready. These five questions can help. More»

Should You Let Young Advisers Handle Your Life Savings?

By Walter Updegrave, RealDealRetirement @RealDealRetire

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 Ask Real Deal Retirement

My wife and I have about $750,000 saved and plan to retire soon. Two young advisers who appeared at our door one day have regularly been visiting us and now would like to manage our money. My wife likes and trusts them, but I’m not so sure. What do you think we should do?

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Answer These 3 Questions To See If You’re Overdoing It On Risk

By Walter Updegrave, RealDealRetirement @RealDealRetire

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With the bull market now into its sixth year and stock prices at or near record highs, many investors may be investing more aggressively than they realize—and unwittingly jeopardizing their financial security. Answer these three questions to see if you may be taking on more risk than you should. More»

How Boomers Can Help Millennials Improve Their Retirement Readiness

By Walter Updegrave, RealDealRetirement @RealDealRetire

HEADS TRANSFER KNOWLEDGE

Ask Real Deal Retirement

I’m in my early 60s and fortunately will be able to retire soon. But I work with a lot of young people who just don’t get how important it is start planning early for retirement. They don’t even seem to know where to start. I’d like to help them better prepare—do you have any advice?

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How My Curmudgeonly Dad Helped Make Me A Successful Financial Journalist

By Walter Updegrave, RealDealRetirement @RealDealRetire

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This is not a warm and fuzzy father-son tale of Dad the financial savant sharing investment insights with his eager-to-learn son in a series of tender tête-à-têtes that sets his child on the road to a career in financial journalism. For one thing, tender isn’t a word I’d use to describe my father. Curmudgeonly is better, although even that’s too upbeat. He had a dark streak that would make a curmudgeon seem Pollyannaish. More»

Which Generates More Lifetime Income—Annuities or Portfolio Withdrawals?

By Walter Updegrave, RealDealRetirement @RealDealRetire

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New research by Mark Warshawsky, the retirement income guru who’s now a visiting scholar at George Mason University’s Mercatus Center, suggests more retirees should consider making an immediate annuity part of their retirement portfolio—and also highlights a reason why many people may simply ignore this advice. More»