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from Lonier Financial Advisory LLC, Osprey, FL

Monthly Archives: March 2013

The 4% rule—Three Cautions

You’ve heard the rule of the thumb—you can safely spend 4% of your total savings amount at retirement each year of retirement, plus an annual markup for inflation, and you won’t outlive your money. That’s $40,000/year if you have $1 million saved, plus 3% for inflation added each year. This is the core of the […]

Three Strategies for Creating Retirement Income, Part Two

In Part One of this two-part post, I reviewed the most common retirement income strategy, systematic withdrawal and “the 4% rule” which is its hallmark. We noted that among other concerns, the current low-interest rate climate threatens the success of this approach, which slowly spends down your portfolio throughout a 30-year retirement. A recent and […]

Three Strategies for Creating Retirement Income, Part One

Saving for retirement is the long, slow (hopefully boring) prelude to the real show—turning your savings into secure retirement income that will last for the rest of your life. Watching your expenses and saving regularly during a lifetime of employment is crucial, but it may not be enough. You need a plan based on your […]