Retirement Ready

Knowing Where You Stand in Retirement

Saving for retirement is not like it used to be. For too many, it’s a mystery whether or not they have what they need to retire comfortably. To best prepare for retirement, it’s important to know where you stand. Do you have an understanding of what your goals and financial needs are?
 
Here’s some of what we discuss in this episode:
How retirement has changed from previous generations.
The key question to ask yourself.
Understanding your income needs.
Stress-testing your plan.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

The Different Investor Personality Types

When it comes to financial planning, understanding your investor personality type can significantly impact your retirement plan. From one of the most common investor types to the mismatched couple, Eric shares the different investors he has encountered and how to plan accordingly.
Hear how to ensure a successful retirement, no matter what your personality type. Which of these investor personalities sounds most like you? Find out in this episode.
 
Here’s some of what we discuss in this episode:
The victim personality.
The over-analyzer.
The DIY-er.
The odd couple.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Bad Financial Habits

Are your financial habits setting you up for a secure retirement or are they leading you down a path of uncertainty and uneasiness? Eric shares about the consequences of bad financial habits and what you can do to cultivate better ones. Instead of burying your head in the sand or overemphasizing the wrong things, take some time to recalibrate and get your financial life in the right direction.
 
Here’s some of what we discuss in this episode:
Ignoring your account statements.
Understanding volatility.
Being addicted to the stock market.
Overcoming procrastination.
The best time to start.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/
 

Financial Decisions Shaped by Key Memories

Have you ever wondered how major historical events influence our financial behaviors? Or wondered what the root is of some of your or your family members’ financial decisions? In today’s podcast, we dive into the profound impact of these "black swan" events on our investment and saving habits. From the Great Depression to the 2008 housing crisis, these events have left lasting impressions on generations of investors.
 
Here’s some of what we discuss in this episode:
The deep scars of the Great Depression.
The post-WWII economic boom and the Dot-Com bubble.
The 2008 housing crisis.
Modern financial strategies for a stable retirement.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/
 
 

Do You Have These Blind Spots In Your Retirement Plan?

Many people can have a couple of “blind spots” so to speak when it comes to their retirement plans. Do you worry you may not be accounting for everything you might need for your retirement? Then today’s episode is perfect for you!
 
Here’s some of what we discuss in this episode:
The dangers of a market downturn early in your retirement.
Accounting for inflation.
Planning for medical costs.
Understanding the tax coordination on your income.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Inside Out: How We Can Look at Finances Through the Characters of Pixar’s Latest Flick

There can be a lot of emotions when it comes to investing and planning for retirement. And what better way to discuss those emotions than through the characters of Pixar’s latest film, Inside Out 2? In this episode, Eric breaks down how emotions can impact your financial decisions and shares practical strategies to help you manage them. 
 
Here’s some of what we discuss in this episode:
The potential joy in retirement planning.
Quelling fears about retirement.
Avoiding dwelling on poor financial decisions.
Running your own race.
Reducing anxiety through planning.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

The Importance of Preventative Care

Preventative care isn't just for your health; it's essential for your financial well-being too. By consulting a financial advisor early and often, you can avoid financial distress and make informed decisions that lead to a secure and fulfilling retirement. Join us as we talk about the importance of preventative care with your finances in today's episode!
 
Here’s some of what we discuss in this episode:
Proactive vs. reactive financial planning.
The perceived cost of financial advisors.
Overcoming financial fears and misconceptions.
The power of financial literacy.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/
 

Preparing for Retirement like Noah’s Ark

Financial planning involves a lot of planning ahead, much like Noah did when he started building the ark long before the rain began. This metaphor serves as a powerful reminder that proactive planning is essential for weathering financial storms. Eric highlights that while we can't predict events like market crashes or global pandemics, we can prepare for them by stress-testing our financial plans.
 
Here’s some of what we discuss in this episode:
Noah’s ark and financial planning.
Preparing for the unexpected.
Having a diversified income stream.
Listening to your neighbors instead of your situation.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement Income

When planning for retirement, one of the most critical aspects to consider is your income. But what does this mean, and how can you ensure you have enough income to cover your needs and desires?
 
Here’s some of what we discuss in this episode:
Income is key.
Considering medical expenses.
Unexpected travel costs.
Supporting family members in the sandwich generation.
The impact of taxes.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement Checklist

Retirement is a significant milestone that requires careful planning and preparation. In today’s podcast, Eric shares a comprehensive checklist to ensure you're fully prepared for your golden years.
 
Here’s some of what we discuss in this episode:
Understanding your monthly income needs.
Choosing the right account for withdrawals.
Timing Social Security benefits appropriately.
Addressing longevity risk.
Handling market volatility.
Combating inflation and preparing for future tax increases.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/