Conscientious Financial Planning and Retirement Income Management | 201-741-9528
from Lonier Financial Advisory LLC, Osprey, FL

Tag Archives: financial planning

What Are You Paying Your Advisor For?

You know that the fees you pay to invest your savings matter, and that these costs, even tiny percentages, can significantly reduce your gains over a lifetime of saving and investing. You are probably also aware of the rise of “robo-advisors,” web-based automated do-it-yourself investment management sites like Wealthfront and Betterment that provide sophisticated, algorithmic […]

How Personal is Your Robo-Advisor?

I just returned from the RIIA (Retirement Income Industry Association) Fall Conference in Charlotte where I gave a presentation on emerging robo-advisors and financial planning. For most of you, sitting through a conference listening to talks about retirement income probably ranks somewhere between enduring a visit to the dentist and enduring a visit from a […]

Your Household Balance Sheet as the Basis of Your Financial Plan

There are well over 600,000 financial advisors of various flavors competing for your personal investing business—registered reps, investment advisors, dual registered, and insurance agents, each with a different angle and way to be paid. Regardless and not surprisingly, most are focused on investing, investment strategies, and getting you into investment products. As a consequence, most […]

Goals-based Planning and Using the Market

Few of us have a very complete understanding of what investing is. We may think about it as being smart or lucky enough to pick the right stocks (“winners”) so that our money grows and grows. We may follow our gut or some guru (the wackier the better, apparently), looking for maximum return or yield. […]

Driving That Tractor and The Law of Small Numbers

Climbing off my venerable old John Deere lawn tractor, I happened to notice the little LCD by the steering wheel with the numbers. Bleary-eyed from hay fever, I looked a little closer and saw “403.” That would be hours, or, about 16-3/4 days. Two weeks and a long weekend, sitting on that tractor. Not all […]

The High Probability of Putting Safety-First

There is an ongoing discussion in personal finance about the differences between safety-first and probability-based approaches to managing money, especially money for retirement. You are (probably) familiar with the probability-based approach from hearing some of these well-known rules of the thumb: [list style=”orb” color=”green”] You can withdraw 4% a year and (probably) not run out […]

Lifetime Planning with R-MAP Planner

I’ve been busy the last few months enhancing the planning tool I’ve developed, R-Map Planner, and building a home for it on the web where planners and civilians alike can find out about it and license it. So I’ve been a bit absent here from posts recently (no cheering!), part of the time division that […]

Beware, The End (of the Year) is Coming!

It’s that time of year when articles appear filled with old chestnuts about this or that task to complete by year-end to get your financial house in order. Recently I presented some year-end planning items in a webinar to a group of accountants, and in this and the next couple posts, will share with you […]

Know Where You’re Going Before You Buy A “Go Anywhere” Bond Fund

The financial services industry is quick to turn any new investor distress into a hopefully profitable if sometimes dubious investment product. Take bonds, for instance. Investment quality bonds, bought and held to maturity, are among the safest and most predictable investments. Annual income is a function of the coupon rate, and you get your principal […]

All Time High—Is the Market Half-Full or Half-Empty?

All time high. And for whatever reason you’re sitting on a lot of cash, maybe you pulled out of the market during the dark days of 2009 (ouch), or have accumulated some savings, an inheritance, or other windfall. Or maybe you have a bunch of scattered investments and cash in money markets that got thrown […]