Retirement Income

FallingChartwithMan

How Much Investing Risk Should You Take In Retirement?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

My feeling is that once you retire you should take only as much investing risk as necessary to get the income you need from your portfolio, even if your risk tolerance would allow you to shoot for higher returns. I don’t see the point of investing for bigger gains at that point if you don’t need them. Do you think this approach makes sense?

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AnnuityKeyboard

Is An Annuity A Good Way To Boost Retirement Income?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

Is an annuity is a good way for seniors to increase their income in retirement?

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WringingDollar

How Cutting Investment Fees Can Improve Your Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

A new Morningstar study shows that investors are paying less in annual mutual fund fees than ever before, in large part because they’re increasingly moving to low-cost index funds and ETFs. That alone is cause for celebration. But what’s even better news if you’re investing for retirement is that shelling out less in fees can improve your odds of accumulating a nest egg large enough to maintain your standard of living throughout your post-career life. More»

QuestionMarkinHand

4 Questions You Must Answer Before Pulling The Trigger On Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I plan to retire in five years, but want to be sure I’ll be prepared. What practical guidance can you offer me?

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BalancingRocks

The Right Way To Balance Growth And Safety When Investing Your Retirement Nest Egg

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I have a retired friend who knows he needs growth to ensure his nest egg will last throughout retirement, but at the same time is nervous about the investing in the stock market. Any advice for how he should invest? More»

QuestionMarkinHand

Can You Pass The Retirement Quiz Most Seniors Have Flunked?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Anyone wondering whether people in or nearing retirement are as up to speed on creating a viable retirement income plan as they should be got an answer last week when the American College of Financial Services released the results of its Retirement Income Literacy Quiz. It was sobering: nearly 75% of the 1,244 adults aged 60 to 75 who were interviewed online for the test got a big fat F (a score of 60% or less), while less than 6% received an A (91% or better) or a B (81% to 90%). More»