Lifestyle Planning

Nest Eggs

What Size Nest Egg Do I Need For A Secure Retirement?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

My husband and I are retired, but aren’t sure whether we have enough in savings to see us through retirement. Is there a specific amount we should have? How can we tell how much is enough? More»

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Don’t Let “Spendaphobia” Spoil Your Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

Much of the advice on managing finances in retirement focuses controlling spending to ensure that assets last a lifetime. And that certainly makes sense, especially for people who are short on savings. But many retirees face a different problem: They have sufficient resources to support themselves, but are so loath to draw on their nest egg that it continues to grow throughout retirement. That may be just fine for their no doubt deserving heirs. But it can prevent them from enjoying their post-career life as much as they could. Here’s how to stop “Spendaphobia” from undermining the retirement you’ve worked and saved so hard to attain. More»

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3 Ways To Be Sure You’re Getting the Most Out Of A Longer, Healthier Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

The good news: A recent Harvard study found that life expectancy for 65-year-olds has increased by almost a year and a half since the early 1990s. The even better news: The researchers also found that today’s 65-year-olds are likely to spend nearly two more years of their remaining lives free of disabilities compared with their early 1990s counterparts due to improved treatments for heart disease, vision problems and other debilitating conditions that can erode quality of life. So how can you position yourself to get the most out of a longer, healthier retirement? Here are three steps you should take: More»

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How To Prevent Involuntary Retirement From Ruining Your Golden Years

By Walter Updegrave, RealDealRetirement @RealDealRetire

Involuntary retirement—or the possibility that you may be forced to exit the workforce sooner than you wanted—is a more common problem than you may think, and one that can wreak significant havoc with your post-career lifestyle. Some 46% of retirees polled for the Employee Benefit Research Institute’s 2016 Retirement Confidence Survey said they left their jobs before they’d planned, usually because of a health issue or company downsizing or restructuring. And a new study by researchers at Cal State Fullerton, George Mason University and Utah State found that many workers end up retiring four to seven years earlier than they’d anticipated, potentially leaving them with a stunted nest egg that must sustain them through a longer-than-expected retirement. You may not be able to totally insulate yourself from this risk, but here are three steps you can take to reduce the possible damage: More»

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3 Things The Olympics Can Teach Us About Planning For Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

If you’ve been following the action in Rio the past couple of weeks, you know that the Olympics can teach us a lot about just how far the combination of intense competition and a fierce drive to excel can push the boundaries of athletic achievement. But the Olympic games also impart a number of broader lessons that apply beyond the world of sports, including these three that can improve your odds of success in planning retirement. More»

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How To Live A Longer and Happier Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I’m retired and very thankful that I have enough income to live comfortably. I enjoy helping others who are less fortunate than I am and have often wondered: Will my volunteer activities increase my longevity? More»