Financial planning involves a lot of planning ahead, much like Noah did when he started building the ark long before the rain began. This metaphor serves as a powerful reminder that proactive planning is essential for weathering financial storms. Eric highlights that while we can't predict events like market crashes or global pandemics, we can prepare for them by stress-testing our financial plans.

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

• Noah’s ark and financial planning.

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

When planning for retirement, one of the most critical aspects to consider is your income. But what does this mean, and how can you ensure you have enough income to cover your needs and desires?

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

• Income is key.

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

Retirement is a significant milestone that requires careful planning and preparation. In today’s podcast, Eric shares a comprehensive checklist to ensure you're fully prepared for your golden years.

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

• Understanding your monthly income needs.

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

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."

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?

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.

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.

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.

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!

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.

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