AnnuityTarget

What’s The Best Annuity For Guaranteed Monthly Retirement Income?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I'm retired and thinking of buying an annuity to add to my monthly income, but I'm not sure which type of annuity might be right for me. Any suggestions More»

moneybagman-dollarsign

Late In Your Career And Light On Savings? Here Are 4 Ways To Improve Your Retirement Prospects

By Walter Updegrave, RealDealRetirement @RealDealRetire

A recent study by the Insured Retirement Institute found that fewer than one in four baby boomers believe they'll have enough money to support them through retirement.  More»

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Should I Invest My Retirement Savings In Gold?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

Is there a good reason I ought to include gold in my retirement portfolio? More»

Head-brain

The 5 Things You Need To Know To Be Financially Astute

By Walter Updegrave, RealDealRetirement @RealDealRetire

In case you forgot to mark your calendar, April is Financial Literacy Month, that time of year when you're supposed to assess how much (or how little) you know about money and finances. If you want to gauge your financial acumen, there are all sorts of tests out there to help you do so, ranging from this six-question Financial Literacy quiz from FINRA to the National Financial Education Council's 30-question National Financial Capability Test. But while having a grasp of how compound interest and inflation work and knowing how lenders calculate loan payments and make credit decisions can help you make sounder choices with your money, I'd argue that understanding these five big-picture principles is even more crucial to reaching your financial goals. More»

4 Percent

The Right Way To Think About The 4% Rule For Retirement Income

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

My husband and I will be retiring soon and are thinking of using the 4% rule to draw income from our retirement portfolio. We don't want to run out of money, but we also don't want to spend too little. Is there some sort of "reset" we should do periodically to ensure we don't end up with too little or too much money later in retirement? More»

KEEP IT SIMPLE

Want To Reap the Benefits of Guaranteed Retirement Income? Keep It Simple

By Walter Updegrave, RealDealRetirement @RealDealRetire

The 3rd Annual Guaranteed Lifetime Income Study by Greenwald & Associates and CANNEX found that six in 10 people 55 and older place a high value on having guaranteed income to supplement Social Security in retirement. Among the benefits those surveyed say extra assured income offers: protection against outliving your savings, peace of mind and greater assurance you'll be able to maintain your lifestyle in retirement. So why then are so many retirees reluctant to invest their savings in annuities, investments that can provide such income? The short answer: They're put off by annuities' complexity and cost. More»