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

Tag Archives: retirement income

Market Gyrations And Retirement Spending Volatility

Wall Street is selling wealth management by managing returns volatility when the vast majority of us probably need something else. Depending on where you are in the lifecycle, you likely will be better served managing savings or managing spending.

Looking at Floor Five Years Out

Most folks think investing is about picking stocks and dodging in and out of the market before the roof falls in. Maybe with play money. In real life, investing is about figuring out your life goals, how to pay for them, and then designing an investment approach that will get you to a successful outcome, […]

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 […]

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 […]

The Nobel Prize for Market Contradictions

With it’s recent awards to economists Gene Fama, Robert Shiller, and Lars Peter Hansen, the Nobel committee appears to have come to a conclusion, of sorts, that the markets are irrationally efficient. F. Scott Fitzgerald suggested the ability to hold two opposite ideas in mind at the same time and still be able to function […]

Lifetime Investing, Part One—The Retirement Income Phase

There are all kinds of approaches to investing, from various long-term investing strategies to some pretty rarefied and/or hair-brained schemes for winning big by beating the market.  Managing savings and investments through employer sponsored plans and IRAs to meet a long-term retirement goal is the antithesis of fast money schemes aimed at beating the market […]

OK, I’m In—How Do I Know When to Get Out?

Last time we discussed when to invest and said that first you should make a sound lifetime financial plan for saving and investing based on your goals and the strength of your household balance sheet.  When you have that plan, you should follow the plan, invest regularly, and not try to time the market. If […]

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 […]