If you're thinking about retirement income, the real question isn't "Are annuities good or bad?" — it's "Are they right for you?" In this interview, Peter with Richon Planning and Erin Kennedy break down: ✔️ Why annuities get such mixed reactions ✔️ The difference between fixed, indexed, and variable annuities ✔️ How to know which (if any) fits your plan ✔️ When the right time to buy might be ✔️ And how all of this connects to your Social Security strategy Because retirement income isn't just about growth—it's about creating confidence, consistency, and a plan that lasts. If you'd like to compare annuity rates and get free, personalized quotes from top-rated insurance carriers, check out www.TopAnnuityIncome.com to see how much monthly income your investment could generate — in just minutes.

From oil embargoes to global pandemics, the S&P 500 has faced decades of uncertainty, and historically, come out stronger on the other side. But what does that mean for your portfolio right now? In today's video, Peter with Richon Planning and Erin Kennedy talk through: • How markets have responded to major global events over time • When it actually makes sense to adjust your investments... and when it doesn't • What changes (if any) pre-retirees and retirees should consider • ⚠️ The real risk retirees face in a down market: sequence risk • 🛡️ Strategies to help protect your income during volatility 💡 The big takeaway: Your financial plan should be built around your life and your goals... not the latest headline. If recent market news has you feeling uneasy, please feel free to give Peter a call at (919) 300-5886 or visit www.RichonPlanning.com to create a financial plan tailored to your goals and risk tolerance.

A 401(k) can be one of your most powerful retirement tools, but timing those withdrawals matters more than most people realize. As Peter with Richon Planning explains to Erin Kennedy if you take money out too early, you could face penalties. But on the other hand, if you wait too long, required minimum distributions could push you into a higher tax bracket. So how do you strike the right balance? In this interview, we break down: ✔️ Why tax-deferred savings matter ✔️ The rules around early withdrawals (and what they cost you) ✔️ How withdrawals are taxed after 59½ ✔️ What you need to know about RMDs ✔️ Strategies to create income without creating a tax headache The goal isn't just to save, it's to shoot for higher returns by being "tax smart." If you'd like to determine your withdrawal strategy and how it affects when you claim Social Security and what you'll pay for Medicare, please give Peter a call at (919) 300-5886 or visit www.401kDistributions.com

A growing number of Americans are heading back to work after retiring... not by choice, but by necessity. A new survey from AARP found that 7% of retirees re-entered the workforce in the past six months, up from 6% in summer 2025. The biggest reason? The rising cost of living. In fact, as Peter with Richon Planning and Erin Kennedy discuss: 💰 48% say they returned to work because they need the money or feel uncertain about the economy 📈 41% say everyday living costs are the biggest financial pressure ⚠️ 67% believe it would be difficult to find a new job today This trend, sometimes called "unretiring," highlights an important reality: retirement planning isn't just about saving enough… it's about building a plan that can withstand inflation, market volatility, and unexpected expenses. In this interview, we break down: ✔️ Why more retirees are returning to work ✔️ How inflation can quietly undermine retirement plans ✔️ The risk of assuming you can always go back to work ✔️ Strategies to stress-test a retirement income plan Planning ahead can help ensure retirement remains a choice — not a financial necessity. To stress test your retirement income plan, please call Peter at (919) 300-5886 or visit www.RichonPlanning.com

Life insurance is often seen as something you set up later in life... after marriage, kids, or buying a home. But waiting could mean missing out on some key benefits. In this interview, Peter with Richon Planning and Erin Kennedy break down three important reasons young adults may want to consider life insurance sooner rather than later: ✔️ Lower costs: Policies are often significantly cheaper when you're younger. In fact, term life insurance can be 50–70% less expensive in your 20s versus your 40s, according to NerdWallet. ✔️ Peace of mind during major life milestones: Starting a family or getting married comes with new responsibilities; life insurance can help provide financial protection. ✔️ Protection when you least expect it: Life insurance isn't just about long-term legacy planning. It can help cover things like debts, co-signed loans, or final expenses. If you're balancing priorities like student loans, saving, and building an emergency fund, Peter can help you prioritize your savings while still figuring out how life insurance can fit into your financial plan. Please call (919) 300-5886 or visit www.RichonPlanning.com with any questions.

Turning 59½ can unlock a powerful (and often misunderstood) retirement planning option: the in-service rollover. Many workplace plans allow you to move part of your 401(k) into an IRA while you're still working, under rules set by the Internal Revenue Service. But is it actually better than staying in your employer plan? In this video, Peter with Richon Planning and Erin Kennedy break down: 👉 What an in-service rollover really is 👉 When it makes sense — and when it doesn't 👉 What to compare before making a move (hint: fees, investments, advice, and protections) If you're approaching (or already past) 59½, the in-service rollover can be a powerful strategy to help you prepare for retirement. To talk through the pros and cons with Peter, please call (919) 300-5886 or visit www.RichonPlanning.com

Social media platforms like TikTok are changing how people learn about money, but not always for the better. According to the FINRA Investor Education Foundation, 25% of adults now turn to social media for investing advice, and that number jumps to 61% for people age 35 and under. In this interview, Peter with Richon Planning and Erin Kennedy break down why short, viral money tips can oversimplify risk and blur the line between education and advertising. Keep in mind, building wealth and disciplined investing rarely isn't all that exciting; it's built on discipline, diversification, and time. 🎯 If you (or your kids) are getting financial advice from social feeds, and you'd like to talk to a real human who understands your unique goals and risk tolerance, please call Peter at (919) 300-5886 or visit www.RichonPlanning.com

Global tensions can rattle markets, but history shows the impact is often temporary. In this video, Peter with Richon Planning and Erin Kennedy take a closer look at decades of data to put current headlines into context. Even though the conflict in Iran has pushed oil prices higher and caused short-term volatility, historically, the market has shown remarkable resilience after geopolitical shocks. In this interview, we break down: ✔️ Why stocks often drop first when global tensions rise ✔️ What past geopolitical events can teach us about market recoveries ✔️ Why emotional investing can lead to costly mistakes ✔️ The perspective long-term investors should keep during uncertain times 📊 When working with an experienced financial advisor, you should feel confident knowing that volatility has already been built into your portfolio, not only to weather these geopolitical events, but to capitalize on them. If you have any questions, please feel free to call Peter at (919) 300-5886 or visit www.RichonPlanning.com

Trusts can feel complicated, and for many families, unnecessary. But in the right situation, a trust can be a powerful tool to protect your assets, avoid probate, and keep control in the right hands. In this conversation, Peter with Richon Planning and Erin Kennedy break down when a trust makes sense, when it doesn't, and why beneficiary designations can be just as important as the estate plan itself. If you'd like to sit down with Peter to talk through whether a trust makes sense for you and your family, please call (919) 300 - 5886 or schedule a complimentary appointment by visiting www.RichonPlanning.com

A recent case involving a Georgia advisor who pleaded guilty to a $380 million Ponzi scheme is a scary reminder: trust matters... and so does transparency. ⚠️ In this interview, Peter with Richon Planning and Erin Kennedy walk through how investors can evaluate whether their advisor is truly acting in their best interest, what red flags to watch for 🚩, and what questions every client should feel comfortable asking. Because protecting your financial future starts with choosing the right advisor. 🔐If you'd like a second opinion, or if you'd simply like to work with an advisor who values transparency and making sure clients feel educated and empowered, please call Peter at (919) 300-5886 or visit www.RichonPlanning.com