Do You Need An Annuity? Answer These 3 Questions To Decide

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By Walter Updegrave, RealDealRetirement, @RealDealRetire

Ask Real Deal Retirement

How do you know whether you should buy an annuity for income in retirement? Are there any rules that can help you decide if you need one?    —Paul

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Time For A Simple-But-Effective Retirement Checkup

By Walter Updegrave, RealDealRetirement @RealDealRetire

Calculator-pencil

What with all the hoopla surrounding the stock market hitting new highs and a seemingly endless supply of drama and intrigue emanating from our nation’s capital these days, you may have gotten distracted from doing your mid-year retirement checkup. That’s understandable, but you don’t want to put if off too long. Here are the three things you should do now to determine whether you’re on track to retirement and, if not, improve your outlook.  More»

The “Are You Really Ready To Retire?” Checklist

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

If I leave my job now, I think I’ll have enough money to live comfortably the rest of my life. So is there any reason I shouldn’t stop working and retire?

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How Much Do I Have To Save To Retire With $1 Million If I’m In My 40s?

By Walter Updegrave, RealDealRetirement @RealDealRetire

MoneyBagsMan-$1 million

Ask Real Deal Retirement

I’m in my mid-40s. How much do I need to save each year to have $1 million by the time I retire? More»

These 3 Tips From The Rich Can Improve Your Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

moneybagman-dollarsign

“The rich are different from you and me,” novelist F. Scott Fitzgerald once supposedly confided to fellow writer Ernest Hemingway. To which Hemingway famously replied, “Yes. They’ve got more money.” Well, a new UBS Wealth Management Americas survey of more than 2,000 wealthy investors mostly age 50 or older with $1 million or more in investable suggests the affluent may also know a thing or two about preparing for retirement. To wit, here are three lessons I’ve culled from the survey that, wealthy or not, you can put to work in your own planning to boost your odds of achieving a more secure and fulfilling retirement. More»

How Do You Invest For Retirement If Stocks Seem Too Risky and Bonds Pay Too Little?

By Walter Updegrave, RealDealRetirement @RealDealRetire

3 dice-hedging

Ask Real Deal Retirement

I’m 64 and would like to retire. Problem is, if I invest in stocks I risk losing money to a huge correction, and if I invest in safe fixed-income investments I earn only 1% to 2%. Either way, retirement seems elusive, if not impossible. What’s someone in my situation to do?

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This One Simple Exercise Can Dramatically Improve Your Retirement Prospects

By Walter Updegrave, RealDealRetirement @RealDealRetire

To Do List

Wouldn’t it be great if there were a simple exercise that could help you better prepare for retirement and make you feel more confident about your prospects for a financially secure post-career life? Well, there is: Put your retirement plan in writing. More»