Retirement Ready

When you’re ready to start working with a financial advisor, how do you find the right person to help you reach your financial goals? Not every advisor is the same but most people don’t really know what to look for. This episode is all about helping you ask the right questions and avoid the mistakes that people commonly make when they choose a financial advisor.  

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

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

We all tell ourselves little white lies from time to time. But when it comes to our finances, these "little lies" can have se-rious consequences.

In this episode, we explore some of the most common financial lies people tell themselves:

"I'll pay back the money I borrowed from my 401(k)." Is borrowing from your retirement savings really a good idea? We'll discuss the potential pitfalls and explore better alternatives.

Join us as we debunk these common financial myths and gain valuable insights into building a stronger financial future.

Tune in to learn how to:

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

Retirement is often seen as the golden phase of life, a time to sit back, relax, and enjoy the fruits of your labor. However, did you know that psychologists rank retirement as the 10th most stressful event you can experience? In this episode, Eric discusses why this phase can be so daunting and offers strategies to ease the transition.

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

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

Throughout our lives, there will be times when the markets rise and times when we experience downturns. Largely, we don’t have control over the circumstances we’re dealt, but we do have control over how we respond to those situations.

In this episode, Eric will explore financial situations that can often feel stressful and inconvenient. We’ll focus on finding the silver linings and learning how to make the best of those situations.

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

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

There are plenty of obvious questions about retirement planning that everybody knows they should be asking. Then, there are other questions that aren't exactly enjoyable to think about.

For example, it’s not easy to consider how taxes and income might shift after losing a spouse, how losing the ability to drive could lead to new financial and social challenges, or whether relying on your children for care in old age is realistic. Yet, these are necessary things to ask yourself as you build a plan.

Tune in to this episode with Eric, as he breaks down some frequently unasked retirement questions that are very important to consider.

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

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

Diversification is one of those buzzwords you hear often in financial planning. While many people know it's important, few are clear on what it actually means when applied to various aspects of their financial strategy. In today’s episode, Eric and Marc will bring you the diverse definitions of diversification.

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

Diversification in terms of stocks.

Diversification of asset classes.

Global diversification.

Diversification of strategies.

Diversification around taxes.

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

As technology keeps advancing, it’s made our lives easier in so many ways. Tasks that used to need outside help can now be done on our own with just a few clicks. This shift has also brought more accessible online financial tools, but how accurate and helpful are they really?

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

• The risks that come with sponsored ads on Google.

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

Dorothy Parker is one of the great writers of the 20th century. Her wit and prose have been appreciated by readers for generations. But are there any lessons we can learn when it comes to finance with some of Parker’s most well-known quotes?

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

• Planning for the worst and hoping for the best.

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

In this episode, Eric is answering your questions! We’ll cover a range of topics today, including key considerations for income taxes when moving to a new state, how to initiate financial conversations with parents or grandparents, and whether using a life insurance policy to save for a college fund is a wise choice.

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

• The financial impacts of moving to a state with a higher income tax.

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

What is lazy money and why do you want to not have too much of it in your retirement portfolio? Simply put, lazy money is money that isn’t growing as much as it could be. Having your money grow and work for you is a key part of building a solid portfolio, so Eric breaks down some strategies to help get the most out of your money in this episode.

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

• Defining the term “lazy money.”

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