Retirement Ready Eric Peterson

In the latest episode of the Retirement Ready Podcast, Eric invites us to explore the timeless wisdom of Mark Twain and how it applies to modern financial planning. Mark Twain, known for his wit and keen observations, offers quotes that are surprisingly relevant to today's financial landscape. Eric takes these quotes and translates them into practical advice for those planning their retirement.
 
Here’s some of what we discuss in this episode:
"Apparently there is nothing that cannot happen today."
"The lack of money is the root of all evil."
“Suppose you were an idiot, and then suppose you were a member of Congress; but I repeat myself.”
"October is one of the particularly dangerous months for speculating in stocks. The others are…”
"The secret to getting ahead is getting started."
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Are bonds really the safe investment we've always been told they are? What percentage of assets should a retiree or pre-retiree hold in bonds? In today’s episode, Eric addresses some of his most frequently asked questions about the world of bonds…
 
Here’s some of what we discuss in this episode:
What is a bond and how does it work?
How do bond funds and individual bonds differ?
What makes bond prices rise or fall?
What percentage of assets should a retiree or pre-retiree hold in bonds?
What alternatives to bonds might be considered for safer investments?
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Financial statements can often feel like a foreign language, filled with jargon and numbers that seem to have little relevance to your everyday life. However, understanding these documents is crucial for effective retirement planning. In the latest episode of the Retirement Ready Podcast, Eric breaks down the essentials of reading and interpreting your financial statements.
 
Here’s some of what we discuss in this episode:
Why you should review your financial statements.
Understanding projections and asset allocation.
The importance of knowing your fees.
What the tax implications could be.
Reading the fine print.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

This one goes to the grads! Whether you know someone graduating high school, college, or even preschool, graduation marks a new stage and season in life. Similarly, retirement is a new chapter in life. It's a time of change, celebration, and sometimes, uncertainty. On today’s show, we talk through the similarities between leaving school and entering retirement.
 
Here’s some of what we discuss in this episode:
Retirement is more than just having enough money.
Your daily life and routines change in a big way.
Relationships can be hard to maintain in the same way.
The emotions you face might surprise you.
You may face a shift in identity or even have an identity crisis.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

Your 401(k) likely plays a major role in your retirement savings. That's why it’s important that it’s set up and functions in the way that’s most beneficial to you. Following our last podcast about beneficiary mistakes, now we focus on common mistakes people make with their 401(k).
 
Here’s some of what we discuss in this episode:
Moving a 401(k) to another retirement account.
Allocation and rebalancing with your contributions.
What to think about target date funds.
Who the real client is of a company 401(k).
Hidden fees to look out for.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/

In this episode of the Retirement Ready Podcast, Eric guides us through the critical yet often overlooked details of beneficiary designations. Learn the simple yet vital steps to prevent beneficiary blunders that could lead to unnecessary headaches for your heirs. Eric calls these errors "low hanging fruit" because they're easy to fix yet can save your family from future heartache.
 
Here’s some of what we discuss in this episode:
Eric shares some details from his exotic vacation!
What beneficiary mistakes are most common?
Do you have an alternate?
What happens with probate?
What a will does and doesn’t do for you.
 
Get in touch with the Peterson Financial team: https://petersonfg.com/