Retirement Ready

When you go on a trip, a lot of times it helps to refer to a packing list to make sure you have everything. When putting together a financial plan, do you have everything in order? Let’s talk about what you need to put into your financial suitcase.

Read more and get additional financial resources here: http://petersonfg.com/how-to-pack-your-financial-suitcase/ 

On today's show: 

0:46 - Where can Americans travel right now?

3:22 - How can we be sure we’ve packed efficiently? 

5:02 - How do you deal with “lost luggage” in the financial world?

7:56 - How do you protect your assets?   

When it comes to retirement, where are you at? If you’re getting closer to retirement, it may help to understand your current mindset in order to know how best to proceed.

Read more and get additional resources here: http://petersonfg.com/what-is-your-retirement-mindset/ 

On today's show: 

0:54 - How would you describe your mindset?

1:28 - Do you feel like retiring now but not sure if you’re ready?

3:22 - Do you wonder how much you need to save before retirement?

5:10 - Are you waiting until you hit $1 million before retirement?

7:15 - Do you think retirement sounds boring?

From market crashes to empty nests, we discuss different situations that may be first viewed as a crisis. But is it really an opportunity in disguise? We will explore both sides today on the podcast.

Read more and get additional financial resources here: http://petersonfg.com/are-you-facing-financial-crisis-or-financial-opportunity/ 

On today's show: 

1:22 - Is empty nest syndrome a crisis or opportunity?

4:55 - Is there an upside to market downturns?

6:56 - How should you view long-term care insurance rate hikes?

9:11 - What is the opportunity in getting laid off?

Are you wondering what to do with your 401(k)? How can you make sure this investment is set-up well to suit your needs? Let’s answer some of the most common questions regarding this popular retirement account.

Read more and get additional financial resources here: http://petersonfg.com/making-the-right-decisions-with-your-401k/ 

On today's show: 

1:04 - Is free advice worth taking?

3:10 - Is it a good or bad idea to take a loan out on a 401(k)?

4:45 - When should you do a 401(k) rollover?

7:00 - Should you use target date funds?

9:15 - Which is better: Roth or Traditional 401(k)?

What kind of classic TV personality do you most relate with when it comes to handling your finances? Are you more like Gilligan or Barney Fife? Find out on today’s podcast!

Read more and get additional financial resources: http://petersonfg.com/which-tv-character-describes-your-financial-personality/ 

Today's show schedule: 

1:08 - Jed Clampett from the Beverly Hillbillies got rich quick.

3:55 - Fred Mertz from I Love Lucy was always looking for the cheapest solution.

6:11 - Barney Fife felt big dreams were attainable.

8:06 - Gilligan has terrible luck on Gilligan’s Island.

What little (or not little) things get under your skin when it comes to financial planning? Are they the same pet peeves as Eric’s? Find out on today’s podcast!

Read more and get additional financial resources here: http://petersonfg.com/financial-pet-peeves/ 

Today's show schedule: 

1:11 - Pet peeve: Hidden fees.

3:11 - Pet peeve: Advisors who work more as a salesman.

5:16 - Pet peeve: One-size-fits-all.

6:48 - Pet peeve: Jargon without explanation.

7:55 - Pet peeve: Massive financial plans.

How would you grade yourself on your financial competency? Are you at the top of the class or falling behind? Find out on this episode.

Read more and get additional financial resources here: http://petersonfg.com/grading-your-financial-competency/ 

Today's show schedule: 

0:57 - Do you know how much you actually have?

3:04 - Do you know how much you truly spend?

4:29 - How much risk do you have?

5:58 - What are you paying in fees?

8:43 - Do you know what your income streams are going to look like in retirement?

Are you wondering how much longer you really have to wait before claiming Social Security? Or are you looking to find the perfect financial advisor but haven’t found them yet? Eric answers three questions from the mailbag in this week’s podcast.

Read more and get additional financial resources here: http://petersonfg.com/mailbag-when-should-i-take-social-security/ 

Today's show schedule: 

0:46 - Mailbag: Should I wait to take Social Security until 70?

2:22 - Do you understand the taxes with Social Security?

4:37 - Mailbag: Should I refinance my home and re-do my kitchen?

7:40 - Mailbag: How do I decide the perfect financial advisor for me? 

Whether you are growing some backyard tomatoes or have 100 acres of farmland, what are some financial lessons to be learned? You don’t need a green thumb to understand these financial principles.

Read more and get additional financial resources here: http://petersonfg.com/financial-lessons-learned-from-the-farm/ 

Today's show schedule: 

1:55 - Understanding net worth vs. cash flow.

4:41 - What sort of predators might you face?

7:22 - A diversity of crops is important to maintain.

Need someone to tell it to you straight? On today’s episode, Eric gives four financial truth bombs that might change the way you think about your financial plan and your portfolio.

Read more and get additional resources here: http://petersonfg.com/financial-truth-bombs/ 

Today's show schedule:

1:23 - Bonds aren’t always as good as retirees think.

5:14 - The hardest part of investing is managing our own behavior.

7:47 - You aren’t an expert at everything.

10:27 - You probably have more risk in your portfolio than you realize.