Michael Lynch

#432: Have you ever worried about running out of money after you retire?Do you keep checking your net worth to make sure you have enough? Does this always feel a little … unsatisfying?This episode discusses why.Today's guest, Michael Lynch, is a certified financial planner and author. His most recent book, “It’s All About The Income,” says that we’re obsessed with the wrong thing. Retirement planning is focused on growing assets. But your assets aren’t going to keep the lights on. Your INCOME, not your assets, is the centerpiece of your retirement.He shares real-life examples of the biggest risks to your income — the risks that might halt you from enjoying your retirement years. He shares tips on how to make sure your income is smooth and secure, even when you’re not punching the clock anymore.Enjoy!For more information, visit the show notes at https://affordanything.com/episode432Estimated timing of discussion points as of March 2023:01:36: The disconnect between living on income vs. assets in retirement02:15: “There’s no such thing as safe”04:41: The three-bucket approach to retirement08:17: Sources to learn the history of the stock market10:33: This historical best hedge against a declining stock market16:25: The ideal asset mix for short-, medium- and long-term investments17:01: The need to distinguish between money you’ll need vs money you’ll need to generate income20:16: When to be a saver vs. an investor23:49: How to approach the medium-term bucket36:03: Lowering sequence of returns risk with the three-bucket method37:02: Inflation risk and the impact on retirement Learn more about your ad choices. Visit podcastchoices.com/adchoices

Michael Lynch from the Davenant Institute brings his expertise on the Protestant Reformation, challenging common critiques of individualism and authority. He dives into the cultural contributions of Protestantism, showcasing artistic giants like Rembrandt and Bach. Lynch explores the intricate relationship between theology and politics, highlighting shifts in governance and local authority. The discussion also touches on the evolution of Reformed thought in the 17th century and advocates for revitalizing education to preserve Reformation ideals.

Meet Michael Lynch, a former software engineer at Google turned solo founder and blogger. He shares insights on his course to hit the front page of Hacker News, the journey to financial independence, and the impact of going solo. Discover the concept of early retirement, managing expenses, and the challenges of starting a bootstrapping business. Learn from his experiences and get inspired to take control of your career and financial future.