Should I Get Out Of The Market Until It Returns To Sanity?

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By Walter Updegrave, RealDealRetirement, @RealDealRetire

Ask Real Deal Retirement

I own several stock index funds that were doing well until the market’s recent setbacks. I’m afraid that a trade war or some other catalyst will spark a big downturn and I’ll lose most of my money. Should I sell and stay out of the market until sanity returns? Or should I just hold on?

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How Can I Tell If I’ll Have Enough Saved To Cover My Spending In Retirement?

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

Most retirement projections seem to be based on how much income you’ll need in retirement. But shouldn’t my planning be based on how much I’ll actually spend after I retire? How do I figure out what my spending might be and whether I’ll be able to meet my spending needs? More»

The 2 Moves You Need To Make Now To Improve Your Retirement Prospects

By Walter Updegrave, RealDealRetirement @RealDealRetire

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In case you missed the memo, let me to be the first to alert you: This is National Retirement Planning Week. Okay, maybe you’re not the kind of person who’ll mark this august occasion by taking to the streets carrying pro-401(k) banners while chanting slogans touting the virtues of target-date retirement funds. But given the stock market’s recent erratic behavior and concerns about the impact a trade war could have on the economy, you may at least want to set aside some time to see where your retirement plans stand and how well they might hold up if the prospects for the market and the economy turn south. Here are two steps you can take toward that end:  More»

Late Start On Retirement? Here’s How To Catch Up

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

I’m in my early 50s and just beginning to plan for retirement. I recently opened an IRA, but what else can I do to catch up? More»

The Smart Way To Get Guaranteed Income For Retirement

By Walter Updegrave, RealDealRetirement @RealDealRetire

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People have long been conflicted about annuities. On the one hand, they like the guaranteed lifetime income that only an annuity can provide. When Greenwald & Associates and CANNEX queried people 55 and older for its 2018 Guaranteed Lifetime Income Study, for example, 73% said they considered guaranteed income a highly valuable addition to Social Security. But they don’t like having to give up access to their savings: 75% of non-retired investors polled last year for the Wells Fargo/Gallup Investor Optimism and Retirement Index said they want the freedom to spend their retirement savings however they choose, even if it means possibly running out of money too soon. More»

Where Can I Find No-Risk Investments?

By Walter Updegrave, RealDealRetirement @RealDealRetire

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Ask Real Deal Retirement

I have money that I want to invest, but I also want to know that my principal will always be safe. So I’m looking for no-risk investments. Any suggestions? More»

Want A Bigger Nest Egg? Get Your Investments To Do More of Your Savings For You

By Walter Updegrave, RealDealRetirement @RealDealRetire

Nest Eggs

You can think of your nest egg as having two main components: ongoing contributions to your retirement accounts and the investment returns you earn on those contributions. Not surprisingly, your contributions (and those of your employer, if you receive matching funds) initially dwarf what your investments earn. But if you save regularly and invest sensibly, you should eventually hit a crossover point at which your investment gains exceed contributions to your accounts. You’ll then be in the sweet position of watching your investments effectively do the bulk of your savings for you. More»