Retirement Income

moneybagman-dollarsign

How Should I Invest My Nest Egg For Maximum Retirement Income?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I’m in my mid 60s and have about $1.2 million I would like to invest for the maximum income possible for the rest of my life. I don’t care for stocks or bonds because I hate the idea of seeing the value of my savings drop if the market has a correction. And I don’t understand annuities. Any suggestions?

More»

Annuity

4 Key Steps You Should Take When Buying An Annuity

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I would like to buy an immediate annuity, but I want to know that I’m getting one from a reliable company. How can I do that?

More»

Piggybank Annuity

Should I Follow An Adviser’s Recommendation To Move Half of My Savings Into An Annuity?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I’m 64 and recently met with a financial adviser who wants me to invest $400,000 of my $800,000 portfolio in an annuity. I read some nasty reviews of this annuity, but the adviser says it’s the best annuity out there. What do you suggest I do? More»

AnnuityKeyboard

What Exactly Is An Immediate Annuity—And How Does One Work?

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I often hear people who want monthly payments in retirement refer to immediate annuities. Can you tell me what an immediate annuity is and how it works? More»

OpenWallet

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

By Walter Updegrave, RealDealRetirement @RealDealRetire

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»

QuestionMark-2

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

By Walter Updegrave, RealDealRetirement @RealDealRetire

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»