Retirement Ready

Making The Right Decisions With Your 401(k)

Are you wondering what to do with your 401(k)? How can you make sure this investment is set-up well to suit your needs? Let’s answer some of the most common questions regarding this popular retirement account.
 
Read more and get additional financial resources here: http://petersonfg.com/making-the-right-decisions-with-your-401k/ 
 
On today's show: 
1:04 - Is free advice worth taking?
3:10 - Is it a good or bad idea to take a loan out on a 401(k)?
4:45 - When should you do a 401(k) rollover?
7:00 - Should you use target date funds?
9:15 - Which is better: Roth or Traditional 401(k)?

Which TV Character Describes Your Financial Personality?

What kind of classic TV personality do you most relate with when it comes to handling your finances? Are you more like Gilligan or Barney Fife? Find out on today’s podcast!
 
Read more and get additional financial resources: http://petersonfg.com/which-tv-character-describes-your-financial-personality/ 
 
Today's show schedule: 
1:08 - Jed Clampett from the Beverly Hillbillies got rich quick.
3:55 - Fred Mertz from I Love Lucy was always looking for the cheapest solution.
6:11 - Barney Fife felt big dreams were attainable.
8:06 - Gilligan has terrible luck on Gilligan’s Island.

Financial Pet Peeves

What little (or not little) things get under your skin when it comes to financial planning? Are they the same pet peeves as Eric’s? Find out on today’s podcast!
 
Read more and get additional financial resources here: http://petersonfg.com/financial-pet-peeves/ 
 
Today's show schedule: 
1:11 - Pet peeve: Hidden fees.
3:11 - Pet peeve: Advisors who work more as a salesman.
5:16 - Pet peeve: One-size-fits-all.
6:48 - Pet peeve: Jargon without explanation.
7:55 - Pet peeve: Massive financial plans.

Grading Your Financial Competency

How would you grade yourself on your financial competency? Are you at the top of the class or falling behind? Find out on this episode.
 
Read more and get additional financial resources here: http://petersonfg.com/grading-your-financial-competency/ 
 
Today's show schedule: 
0:57 - Do you know how much you actually have?
3:04 - Do you know how much you truly spend?
4:29 - How much risk do you have?
5:58 - What are you paying in fees?
8:43 - Do you know what your income streams are going to look like in retirement?

Mailbag: When Should I Take Social Security?

Are you wondering how much longer you really have to wait before claiming Social Security? Or are you looking to find the perfect financial advisor but haven’t found them yet? Eric answers three questions from the mailbag in this week’s podcast.
 
Read more and get additional financial resources here: http://petersonfg.com/mailbag-when-should-i-take-social-security/ 
 
Today's show schedule: 
0:46 - Mailbag: Should I wait to take Social Security until 70?
2:22 - Do you understand the taxes with Social Security?
4:37 - Mailbag: Should I refinance my home and re-do my kitchen?
7:40 - Mailbag: How do I decide the perfect financial advisor for me? 

Financial Lessons Learned from the Farm

Whether you are growing some backyard tomatoes or have 100 acres of farmland, what are some financial lessons to be learned? You don’t need a green thumb to understand these financial principles.
 
Read more and get additional financial resources here: http://petersonfg.com/financial-lessons-learned-from-the-farm/ 
 
Today's show schedule: 
1:55 - Understanding net worth vs. cash flow.
4:41 - What sort of predators might you face?
7:22 - A diversity of crops is important to maintain.

Financial Truth Bombs

Need someone to tell it to you straight? On today’s episode, Eric gives four financial truth bombs that might change the way you think about your financial plan and your portfolio.
 
Read more and get additional resources here: http://petersonfg.com/financial-truth-bombs/ 
 
Today's show schedule:
1:23 - Bonds aren’t always as good as retirees think.
5:14 - The hardest part of investing is managing our own behavior.
7:47 - You aren’t an expert at everything.
10:27 - You probably have more risk in your portfolio than you realize.

Outdated Financial Rules

What financial rules are worth following and which ones need an update? On this episode, we discuss several known financial rules to see which ones are dated and which ones stand the test of time.
 
Read more and get additional resources here: http://petersonfg.com/outdated-financial-rules/
Today's show schedule: 
1:38 - Should you follow the four percent rule? 
4:36 - What is the 10-5-3 rule?
5:55 - Does it make sense to change from stocks to bonds as you age?
8:30 - Are you following the million-dollar rule?

How To Mess Up Your Retirement Plans

How can you know your retirement plans are what they should be? What thoughts and assumptions can ruin your retirement? One thing’s for sure--you don’t want to mess it up!
 
Read more and get additional resources here: http://petersonfg.com/how-to-mess-up-your-retirement-plans/ 
 
Today's show schedule: 
0:46 - What are some easy ways to mess up your retirement?
2:02 - Thinking of retirement as your destination. 
3:45 - Believing that retirement is the cure-all for your problems.
6:18 - Assuming that your spending habits will stay the same.
8:31 - Don’t invest like you are younger than you actually are.

The Customer Ain’t Always Right

When you see a financial advisor, do you want them to always tell you “you’re right” or do you want someone to coach your through your financial plan? Let’s talk about when the customer isn’t always right when it comes to financial planning.
 
Read more and get additional financial resources here: http://petersonfg.com/the-customer-aint-always-right-in-financial-planning/ 
 
Today's show schedule: 
0:47 - Is the customer “always right” in financial planning?
3:29 - When should an advisor push back?
5:14 - Market volatility or financial trends may trigger sudden new ideas, but are they good ones?
6:51 - Consistent coaching can help you with long-term goals.