Retirement Ready

When you work with a financial advisor, you aren’t just talking about money. Saving for your retirement also includes thinking about what kind of retirement lifestyle you want to have and what you need to keep in mind for the long-run. Do you want to work, by choice? What kinds of expenses will you have and how are they different in retirement? Is your money going to last for 30 years of retirement? Eric has seen his clients through all of these decisions and shares what to keep in mind about retirement.

Here’s what to consider before you retire:

• Some choose to work well into retirement.
• How will your spending habits change?
• You may still be helping with older or younger generations.
• Your retirement funding probably needs to last for decades.

Get in touch with the Peterson Financial team: https://petersonfg.com/

We are all guilty of procrastinating from time to time. Financially speaking, though, this can get you into a lot of trouble. Let’s talk about the areas where it might feel better to kick the can down the road.

Ultimately, it’s best to get things taken care of sooner, rather than later. Dealing with financial stuff or tightening up the budget might not sound appealing at first, but doesn’t have to stress you out. Sometimes worrying about it is worse than it really is.

Here’s some of what we discuss in this episode:

• Talk with your parents about financials as they age.
• Is retirement planning harder today than it used to be?
• You might find financial information overload online that’s actually entertainment.
• Sometimes dealing with financial stuff stresses people out.

Get in touch with the Peterson Financial team: https://petersonfg.com/

We all make mistakes from time to time. But what if your financial mistakes could be avoided with just a little insight? Eric shares some of the most common retirement planning mistakes people are prone to make and what you can do to save yourself from heartache.

Here’s some of what we discuss in this episode:

• Understanding tax implications.
• Timing your Social Security benefits wisely.
• Focusing on income instead of returns.
• Balancing aggressiveness and conservative investing.

Get in touch with the Peterson Financial team: https://petersonfg.com/

Dive into the world of financial emotions in this episode with Eric Peterson. Discover how greed, fear, hope, and pride can make or break your investment strategy. Eric unravels the complexities of managing emotions to ensure a secure and enjoyable retirement.

This episode isn't just about financial strategies; it's about understanding the human side of investing. It's about knowing when to hold on and when to let go, when to take risks and when to seek shelter. It's a must-listen for anyone standing at the cusp of retirement—or even those just starting to climb their financial mountain.

Here’s some of what we discuss in this episode:

• Greed motivates us to keep chasing returns in the market when we should be taking chips off the table.
• The pull between what you know you should do versus what fear is driving you to do.
• Why you need to have a plan for your spouse passing away.
• The role an advisor plays in helping you overcome emotions.

Get in touch with the Peterson Financial team: https://petersonfg.com/

From teachers to engineers, there are a variety of people who work with Eric and his team to build a solid financial plan. Those in similar professions tend to have similar mindsets when it comes to finances. Listen in as we discuss what similarities Eric sees across different industries and how he approaches each of them.

Here’s what you’ll learn on today’s show:

• Teachers are used to stability and tend to be risk-averse.
• Doctors are smart but can be disorganized in other areas of their life.
• Engineers are analytical and want to know how things work.
• Entrepreneurs pour their heart, soul, and finances into the business.

Get in touch with the Peterson Financial team: https://petersonfg.com/