Saving for Retirement

BudgetWorksheet

The Best Ways To Save And Invest For Retirement On A Tight Budget

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

My husband and I are in our early 40s and have two children. We live paycheck to paycheck, although we do manage to contribute a small percentage of pay to our 401(k)s. What are good retirement investments for someone without a lot of money?
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moneybagman-dollarsign

The Right Way To Save And Invest To Build Wealth

By Walter Updegrave, RealDealRetirement @RealDealRetire

Ask Real Deal Retirement

I’m just starting out in my career and have managed to save up $1,500 dollars so far. I want to start saving more and invest it in a way that can best put the benefits of compounding investing to work for me. Any suggestions? More»

Mistakes

3 Major Errors That Can Derail Your Retirement Planning

By Walter Updegrave, RealDealRetirement @RealDealRetire

If you’ve been saving diligently and investing prudently for retirement, that’s terrific. But it’s not enough. Even people who get the fundamentals right often fall down when it comes to other key areas of retirement planning. Which is why you want to avoid these three big mistakes that new research shows can often trip us up and undermine our retirement planning efforts. More»

HEADS TRANSFER KNOWLEDGE

Want A Better Retirement? Listen To What Retirees Wish They’d Done Differently

By Walter Updegrave, RealDealRetirement @RealDealRetire

In a recent post on Vanguard’s blog, senior financial adviser Julie Virta invited recent and soon-to-be retirees to share some of the lessons they’ve learned about planning for retirement, and asked specifically what they might do differently if they had a “do-over” in their retirement planning. The idea behind her request is that people still working can profit from the insights of those who’ve already navigated the planning process. Her readers responded big time, posting more than 37 pages of comments, many of which Virta shared in a later column. Here, based on my reading of those responses and a chat with Virta, are what I consider the three most important take-aways you can apply to your own planning to improve your post-career prospects. More»

Calculator-pencil

Time For A Simple-But-Effective Retirement Checkup

By Walter Updegrave, RealDealRetirement @RealDealRetire

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»

MoneyBagsMan-$1 million

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

By Walter Updegrave, RealDealRetirement @RealDealRetire

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»