Retirement Ready

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Retirement planning can feel complicated, but the best strategies should still make sense when they’re explained clearly. In this episode, Eric uses a few lessons inspired by Albert Einstein to show why retirees may need to think differently about income, risk, and the strategies that carried them through their working years. The tools that helped you build wealth aren’t always the same ones you’ll need to turn that wealth into a lasting retirement plan.    Here’s some of what we discuss in this episode: 🧠 Keep It Simple: Understand what your strategy does 📝 Income Gaps: Plan for missing income 🔄 Strategy Shift: Retirement requires different tools 📉 Market Lessons: Learn from past changes 🧺 Diversification: Avoid relying on one winner   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Confused about whether to downsize, go Roth, or tap your home equity in retirement? In this mailbag episode, Eric tackles real listener questions about retirement communities, Roth 401(k) contributions, and using home equity wisely. You’ll hear how lifestyle, taxes, and flexibility all factor into these big decisions, without getting lost in the weeds. Stay tuned to find out which trade-offs could quietly make or break your retirement. Here’s some of what we discuss in this episode: 🏡 Retirement Communities: Weighing lifestyle against ownership 📦 Downsizing: Comparing costs, freedom, and convenience 🐷 Roth 401(k): Building more tax-free flexibility ⚖️ Tax Buckets: Balancing taxable and tax-free money 🏠 Home Equity: Deciding how much to unlock ♟️ Mortgage Strategy: Comparing debt with liquidity needs   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Are you working with a true fiduciary… or just a well‑paid salesman? Financial advice should feel clear, personal, and aligned with your goals, but that isn’t always the experience people get. Eric shares a few of his biggest industry pet peeves and explains why individualized planning matters so much. If you’re paying for advice, it’s fair to ask exactly what kind of value you’re getting in return. Here’s some of what we discuss in this episode: 📄 Advisor Fees: Understanding what you actually pay 🔍 Hidden Costs: Looking beyond the stated fee 🤝 Client First: Why alignment really matters 📦 Generic Advice: Avoiding one-size-fits-all recommendations ⚖️ Fiduciary Duty: Putting client interests first 🗣️ Honest Advice: Hearing what you need Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ In this episode, Eric answers some of the most pressing questions that come up when people are trying to make sense of their IRAs and 401(k)s. The goal is to understand what choices are available and how those choices may fit into the bigger retirement picture. Retirement accounts can get complicated, but a little clarity now can help prevent expensive surprises later. Here’s some of what we discuss in this episode: 📈 Investment Options: What can sit inside an IRA 💰 Tax Treatment: How withdrawals may be taxed ⚖️ Contribution Choices: Traditional versus Roth decisions 🔄 Roth Conversions: Weighing taxes before converting 🏥 Medicare Impact: Watching income-related premium adjustments 📦 Old 401(k)s: Options for orphaned workplace accounts 📜 SECURE Act: Understanding newer retirement account rules Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Retirement questions aren’t always just about account balances or investment returns. In this mailbag episode, Eric tackles several real-life situations where family, uncertainty, and long-term responsibilities can make the financial picture more complicated. He explains why good planning often means looking beyond what seems obvious on paper and thinking through how today’s decisions could affect the years ahead. Sometimes the most important retirement questions begin with the people you’re trying to protect. Here’s some of what we discuss in this episode: 🧩 Special Needs: Planning for lifelong financial support 💪Retirement Readiness: Turning savings into real confidence 📊 Stress Testing: Testing plans against tougher scenarios 👶 Grandparent Support: Balancing generosity with healthy boundaries ❤️ Family Priorities: Helping without neglecting yourself 📜 Estate Planning: Coordinating beneficiaries with legal guidance 🤝 Professional Help: Bringing specialists into complex planning Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Net worth can be a useful snapshot, but it doesn’t always tell you how prepared you are for retirement. In this episode, Eric explains why the number people are proudest of may not be the same number that actually drives retirement income planning. He also looks at the emotional side of wealth and why having more money doesn’t automatically make someone more confident about spending it. Here’s some of what we discuss in this episode: ❌ Net Worth Myths: The difference between total net worth and investable net worth 🏠 Retirement Assets: Why home equity and earmarked accounts may be treated differently in income planning 🧠 Money Mindset: How fear can keep wealthy retirees from enjoying what they’ve accumulated 📈 Compounding: Why wealth can accelerate dramatically later in your working years 🛡️ Income Strategy: Balancing protection, growth, taxes, and retirement income needs Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Ever wondered who truly needs a financial advisor, and who might be fine doing it alone? Eric looks at the different ways people approach retirement planning and how professional guidance can fit alongside a hands-on investing style. The real question is whether your current approach gives you the clarity and confidence you need for retirement. Tune in to discover whether you’re the kind of retiree who really benefits from guidance, or one of the rare exceptions. Here’s some of what we discuss in this episode: 🧮 DIY Limits: Spreadsheets can miss risks 🧠 Behavioral Help: Retirement gets emotional 💵 Income Planning: Retirement changes the challenge ⚖️ Shared Control: DIY and advice can coexist 🤝 Advisor Fit: Find help that matches needs Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ You might be breaking some key “financial commandments” without even knowing it. In this episode, Eric shares a few simple rules that could change how you think about retirement and investing. You’ll hear why small mindset shifts can make a big difference in long-term outcomes. Tune in to find out which commandments may hit a little too close to home. Here’s some of what we discuss in this episode: ⏳ Strategy Patience: Give plans time 🚫 Avoid Greed: Don’t chase unnecessary returns 🎯 Required Return: Know what you need 💸 Investment Fees: Costs quietly reduce returns 🧠 Better Decisions: Let the plan lead Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Some long-held retirement assumptions deserve a closer look. Eric drops a few “truth bombs” and explains why one of an advisor’s most important jobs has less to do with picking investments and more to do with helping people avoid emotional decisions. Sometimes better retirement planning begins by questioning what you thought you already knew. Here’s some of what we discuss in this episode: 💣 Bond Truth: Funds carry additional risks 📉 Interest Rates: Bond values can fluctuate 🧾 Tax History: Rates have varied dramatically ⏰ Tax Time Bomb: Deferred balances can compound 🧠 Investor Behavior: Emotions drive poor decisions 🤝 Advisor Value: Guidance keeps plans on track Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement planning often raises questions that do not have simple, one-size-fits-all answers. In this mailbag episode, Eric addresses whether do-it-yourself investors need professional guidance, how to respond to predictions of a market crash, and when a donor-advised fund may make sense. The common thread is the value of having a strategy built around your specific goals rather than reacting to headlines or general advice. Here’s some of what we discuss in this episode: 🧑‍💼 Professional Guidance: Advisors provide planning, perspective, and accountability. 📈 Advisor Value: Good advice extends beyond investment selection. 📉 Market Concerns: Predictions should not replace a long-term plan. 🎁 Charitable Giving: Donor-advised funds can add flexibility. 📞 How to Connect with Eric: Personalized planning begins with a conversation. Get in touch with the Peterson Financial team: https://petersonfg.com/

Betty White may never have officially retired, but her humor and outlook offer several valuable lessons for anyone planning the next stage of life. Today, Eric explores why retirement readiness involves more than building an investment portfolio. A fulfilling plan should help you prepare for change while continuing to support the people, purpose, and experiences that matter to you. Here’s some of what we discuss in this episode: 🌟 Betty White’s Impact: Her humor offers practical retirement lessons ❤️ Health and Lifestyle: Staying active can support greater independence 💼 Work and Purpose: Retirement does not require leaving meaningful work 🤝 Social Connections: Relationships and organization matter more with age 💰 Enjoying Retirement: A plan can make spending feel easier Get in touch with the Peterson Financial team: https://petersonfg.com/

A layoff close to retirement can feel like a financial emergency, but it may not be as damaging as it first appears. Eric explains why layoffs are happening and walks through the key financial decisions that follow. He also shares a practical checklist for evaluating whether returning to work is necessary, or whether retirement may already be possible.   Here’s some of what we discuss in this episode: ⚠️ Economic Uncertainty: Layoffs can quickly disrupt retirement timelines 🏢 Corporate Incentives: Compensation rules may influence workforce decisions 🤖 AI Adoption: Technology continues reshaping company staffing needs 🩺 Benefits Planning: Severance and health insurance require careful review 🧭 Next Steps: A written plan can reveal options   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Should you open a HELOC before retirement? Is a revocable trust really necessary? And how can you support a financially irresponsible family member without jeopardizing your own future? In this mailbag episode, Eric answers listener questions about borrowing after retirement, avoiding unnecessary taxes on large IRA withdrawals, simplifying an estate, and setting healthy financial boundaries with loved ones. Here’s some of what we discuss in this episode: 🏠 Borrow Before Retirement: Secure credit while still working. 🚨 Withdrawal Consequences: Large IRA distributions can trigger taxes. 📜 Trust Decisions: Understand when probate protection matters. 👨‍👩‍👧 Family Boundaries: Help without enabling harmful habits. 🛡️ Protect Retirement: Do not sacrifice your own security. Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Retirement can be exciting, but it can also come with new challenges. In this episode, Eric discusses some of the most common ways people can accidentally ruin retirement. Some are mental, while others are mathematical. He also covers how a proactive planning strategy can help retirees avoid costly mistakes. Here’s some of what we discuss in this episode: 🧠 Mental Math: Balancing mindset and numbers ⚠️ New Problems: Retirement won’t fix everything 🐖 Spending Habits: Budget for real life 🚶 Stay Active: Health matters in retirement 📉 Market Risk: Don’t invest like you’re 35 🧾 Tax Planning: Use your choices wisely Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Whether you're visiting one of the 63 national parks this summer or just hitting a local trail, a lot of the best practices for a great hike apply just as well to your retirement plan. Today, Eric “walks” through a few. The people who get the most out of a national park trip aren't the ones who show up and figure it out at the gate. They've done the research, mapped the trails, and know what they want to see before they ever leave the driveway. Retirement works the same way. A little preparation goes a long way toward making sure you actually get everything out of it that you planned for. Here’s some of what we discuss in this episode: 🏞️ National Parks: Planning lessons from the trail 🗺️ Retirement Map: Why every plan needs direction 🧾 Financial Legacy: Leave clarity, not confusion 🎒 Pack Light: Streamline your retirement accounts 🥾 Personal Route: Build around your needs Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ What happens if you make a retirement decision you can't undo? And how do you know when you've done enough research before making an important financial move? In this mailbag episode, Eric answers two listener questions—one from a military retiree looking to protect his spouse after declining a survivor pension benefit, and another from a listener who struggles with overthinking every financial decision. Eric offers practical solutions to protect your retirement income and move forward with greater confidence. Here’s some of what we discuss in this episode: 🎖️ Military Pension Choices – Replacing lost survivor income after retirement 🧩 Creative Planning – Finding solutions for difficult situations 🧠 Decision Paralysis – Breaking the cycle of overthinking 📊 Retirement Reviews – Understanding the planning process ✅ Move Forward – Why action beats indecision Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Can classic movie quotes actually teach valuable retirement lessons? In this episode, Eric takes memorable lines from films like The Terminator, When Harry Met Sally, and The Wizard of Oz and uses them to explain key retirement-planning concepts. From preparing for inevitable market downturns to understanding why every retirement plan should be personalized, these famous quotes provide surprisingly practical financial insights. Here’s some of what we discuss in this episode: 🎬 "I'll Be Back":  Bear markets are temporary, but your retirement plan should always be prepared 🍽️ "I'll Have What She's Having": Copying someone else's retirement strategy can lead you in the wrong direction 📋 Custom Retirement Plans: Your income and goals create a retirement plan that's uniquely yours 🌪️ "We're Not in Kansas Anymore": The mindset shift that comes with retirement ✅ Retirement Confidence: Having a written income strategy can make it easier to enjoy retirement Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Sometimes, the most valuable retirement lessons come from the questions people are asking every day. In this mailbag episode, Eric tackles listener questions covering investment organization, diversification, and pursuing new opportunities later in life. Along the way, he shares practical insights on making smarter financial decisions without losing sight of what matters most. Here’s some of what we discuss in this episode: 💼 One Login: Simplify investment management 🌍 Global Reach: International exposure may surprise you 📊 Stay Diversified: Avoid concentration risk 🏦 Consolidate Accounts: Keep everything organized 📈 Long-Term View: Build around your goals 💡 Smart Decisions: Match strategy to your situation Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ What does "guaranteed income" really mean in retirement, and is it actually possible to create a paycheck you can count on for life? In this episode, Eric breaks down the different sources of retirement income, including Social Security, pensions, investments, rental properties, and insurance-based solutions. He explains the risks many retirees overlook when relying solely on portfolios, dividends, bonds, or rental income and discusses why predictable income streams can play an important role in a well-designed retirement strategy. Here’s some of what we discuss in this episode: ❓What "guaranteed income" actually means in retirement 📊 Why the 4% withdrawal rule isn't always predictable 🏠 The hidden risks of relying on rental property income 📉 How dividends and bonds can disappoint retirees 🛡️ The role insurance products can play in income planning 📋 Building a retirement income strategy that survives market volatility Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ In this mailbag episode, Eric tackles a variety of listener questions about retirement and financial planning. He breaks down complex topics into clear, practical guidance to help you make more confident money decisions. You’ll hear discussion around balancing risk, managing income needs, and aligning your strategy with your long-term goals. It’s a helpful listen if you’re looking for straightforward answers to common retirement concerns. Here’s some of what we discuss in this episode: 💸 Weighing the real cost of pulling retirement funds to pay off debt 🛡️ Understanding term vs. permanent life insurance in retirement 🧮 Seeing taxes as a “silent partner” in your accounts 🧊 Breaking free from cash-only paralysis with a clear plan Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Sometimes the best financial lessons come from the most unexpected places. Walt Disney built one of the most recognizable brands in history, but some of his most memorable quotes offer lessons that extend far beyond theme parks and animated characters. Today, Eric shares several famous Walt Disney quotes and explains how they relate to retirement planning, investing, income strategies, and long-term financial success. Here’s some of what we discuss in this episode: 🏰 Disney Memories: Childhood lessons and changing priorities 💵 Work Optional: Reaching the point where money isn't the goal 💡 Income First: Never losing sight of the foundation 📈 Stay Invested: Navigating market volatility with confidence 🚀 Take Action: Turning plans into progress Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  A lot of people think they’ll work forever, until life changes the plan. In this special mailbag episode, Eric answers listener questions about retirement timing, backup planning, target date funds, and how to think about risk as retirement gets closer. Retirement confidence often comes less from having perfect investments and more from having a strategy that can adapt when life changes unexpectedly. Here’s some of what we discuss in this episode: 🐢 Jonathan the Tortoise: A surprisingly long perspective on life ⚠️ Early Retirement Reality: Many retire sooner than planned 🎯 Target Date Funds: Simpler doesn’t always mean better 📊 Risk & Allocation: Contributions and balances differ 🧭 Planning First: Investments should follow the plan Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Losing a spouse is one of the hardest realities anyone can face, and it can create major financial changes that you may not see coming. In this episode, Eric walks through the potential financial impact of becoming suddenly single in retirement, including Social Security changes, tax surprises, IRA rules, beneficiary updates, and income planning challenges. It’s a practical conversation about preparing for the inevitable and making sure your spouse can still maintain stability and confidence if life takes an unexpected turn. Here’s some of what we discuss in this episode: 💔 The potential financial impact of losing a spouse 📉 Why taxes can spike after widowhood 🧾 Critical IRA and beneficiary mistakes to avoid 🚨 Social Security rules that might take you by surprise 🛡️Planning ahead for long-term stability Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Today, Eric discusses why old financial accounts deserve a second look. He explains how reviewing these accounts can uncover missed opportunities, improve efficiency, and help create a more coordinated financial plan. Tune in for a practical conversation about making sure old accounts are still working for your future, not just collecting dust. Here’s some of what we discuss in this episode: 🗂️ Old Accounts Matter: Forgotten accounts can create missed opportunities 💸 Idle Money Costs You: Some assets may no longer be working efficiently 🔄 Reviews Create Options: Small adjustments can improve flexibility and planning 📋 Old Policies Change: Life insurance and pensions should evolve with your life 🧭 Coordination Is Key: A stronger retirement plan connects everything Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Not all bad financial advice comes from bad sources. Sometimes it comes from the people you trust the most. Eric breaks down how well-meaning input from family, friends, professionals, and even the media can lead to the wrong decisions. Learn how to filter advice and understand what actually applies to your situation, because good intentions don’t always lead to good outcomes. Here’s some of what we discuss in this episode: 👨‍👩‍👧‍👦 Family Influence: Advice can be outdated 🗣️ Friends’ Opinions: Different situations = different outcomes 🧾 CPA Lens: Focus is often on short-term taxes 📺 Media Noise: Entertainment ≠ advice 🎯 Your Plan Matters: Decisions should fit your situation Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Life doesn’t always go according to plan, and your finances need to be ready when things change. Eric walks through some of the biggest life events that can impact your financial future and why each one is a moment to revisit your plan. The goal isn’t to predict every twist and turn; it’s to be prepared when they happen. A solid plan gives you the flexibility to adjust without losing confidence. Here’s some of what we discuss in this episode: 💼 Job Changes: A great time to review accounts and options ⚠️ Job Loss: Avoid knee-jerk decisions during uncertainty 💰 Inheritance: Understand tax rules before making moves 🏥 Medical Issues: Protect assets and prepare for the unexpected 💔 Loss of Spouse: Income drops while taxes often rise Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Mark Twain once said, “It’s not what you don’t know that gets you into trouble, it’s what you know for sure that just ain’t so.” How can this wisdom apply to retirement planning? Eric exposes some of the most common misconceptions people have about retirement, including why rules of thumb often miss the mark. Tune in for a practical conversation about challenging what you “know for sure” about retirement. Here’s some of what we discuss in this episode: 📉 Market Timing: Just like Twain’s advice, trying to time the market often leads to failure ⚖️ Risk Management: How to deal with uncertainty, drawing from Twain’s perspective on risk 🧠 Emotional Decisions: Twain’s insight into human nature helps avoid emotional mistakes in retirement 📝 Planning with Purpose: Planning ahead can set you up for success in retirement Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Not all financial advice is created equal, and sometimes the difference comes down to the questions being asked. Too often, conversations with advisors focus on performance and returns, while the bigger picture gets overlooked. Eric walks through the key questions that can reshape how you think about your plan and explains how the right questions can lead to better clarity, smarter decisions, and a more confident path into retirement. Here’s some of what we discuss in this episode: 🧭 Lifestyle First: Your plan should support how you actually want to live 💬 Real Conversations: Great advisors ask about your life, not just your returns 💰 Tax Efficiency: Where your income comes from matters just as much as how much 🧾 Spending Reality: Plans need to reflect how you’ll actually spend in retirement ⚖️ Risk Tolerance: Understanding volatility helps avoid emotional decisions 🤝 Advisor Relationship: Guidance and behavioral coaching are just as important as strategy Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  In today’s 24/7 news cycle, financial headlines are designed to grab attention, not guide smart decisions. The result? Decisions driven more by noise than by strategy. In this episode, Eric explores how media influence, emotional reactions, and misunderstood risk tolerance can quietly derail a financial plan. It’s a reminder that long-term success isn’t about reacting faster, it’s about thinking more clearly and for the long-term gain. Here’s some of what we discuss in this episode: 📺 Media Influence: Financial news is often entertainment, not strategy ⚠️ Emotional Decisions: Fear and urgency can lead to costly mistakes 📊 Risk Reality: Most people take more risk than they realize 📉 Market Volatility: Short-term swings are normal, not signals to panic 🤝 Advisor Value: A plan helps you avoid reacting at the wrong time   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Everyone talks about setting financial goals, but far fewer people know how to set the right ones, or how to turn them into something that actually works in real life. Eric walks through how to create financial goals that are both meaningful and achievable. It’s easy to aim high, but if your plan isn’t realistic, those goals often fall apart before they ever gain traction. Here’s some of what we discuss in this episode: 💸 Automate Your Savings: Set it and forget it 🎯 Get Specific: Vague goals don’t build strong plans 🤝 Right Advisor Matters: Trust and fit matter most 🧹 Clean Up the Mess: Old products can hold you back 🧠 Clarity Creates Confidence: Having a plan reduces uncertainty   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Filling out a March Madness bracket is fun, but when it comes to your retirement, you can’t afford to treat it like a bracket pool. Upsets, bold picks, and emotional calls make for a good time, but the same principles can wreck a financial plan if you play it the same way. In this episode, Eric connects the dots between tournament chaos and retirement strategy, and why your financial game plan needs more discipline than your Final Four. Here’s some of what we discuss in this episode: 🏀 March Madness Mindset: Fun predictions vs real planning 📊 Retirement Strategy: Planning requires more precision 🎯 Upset Risk: Big swings can backfire financially ⏳ Long-Term View: Markets need perspective over time 🧠 Emotional Control: Decisions shouldn’t be reactionary 🎲 Risky Picks: Chasing winners can hurt outcomes   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Fred Rogers spent decades teaching life lessons through kindness, patience, and thoughtful reflection. While his words weren’t meant to be financial advice, many of his most memorable quotes offer surprising wisdom when applied to investing and retirement planning. Today, Eric takes a few classic Mr. Rogers quotes and connects them to the realities of retirement planning. Here’s some of what we discuss in this episode: 💡 Investor Behavior: Your actions matter more than markets 📉 Market Downturns: Declines happen, but recoveries follow 🌅 Retirement Beginnings: Retirement starts a new chapter 📋 Planning Matters: A strategy reduces fear and uncertainty 🤝 Purposeful Living: Volunteering adds meaning in retirement   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Most people own mutual funds, whether they know it or not. They’re inside 401(k)s, brokerage accounts, and retirement portfolios across the country. They’ve been around for decades and may feel safe and familiar. But familiarity doesn’t equal understanding. Eric breaks down how mutual funds really work and why the structure itself can create consequences you didn’t expect, especially once you move from accumulation to retirement income mode. Here’s some of what we discuss in this episode: 📘 Mutual Fund Basics: Pooled investment structure explained 💸 Expense Ratios: Stated and hidden trading costs 🧾 Sales Loads: Front-end commissions and pricing ⚠️ Tax Exposure: Dividends and capital gains distributions 📊 Retirement Strategy: Placement matters in taxable accounts   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Retirement decisions aren’t made in spreadsheets alone. They’re shaped by mood, headlines, memories, and personal experiences, often more than we realize. Eric focuses on the emotional side of financial planning and why awareness matters just as much as strategy. He highlights how small reactions can create long-term consequences if left unchecked. Here’s some of what we discuss in this episode: 📉 Market Reactions: Volatility often triggers overcorrection 🛡️ Avoiding Emotional Mistakes: Structured income planning ⚖️ Risk Appetite Changes: As you age, it shifts risk tolerance 🔄 Regular Reviews: Adjusting plans proactively 🏛️ Legacy Emotions: Family goals vs financial security   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  You’ve saved diligently for retirement, but now it’s time to spend. For many retirees, that transition is harder than expected. In this episode, Eric breaks down one of the most overlooked challenges in retirement: actually enjoying the money you worked so hard to build. Learn why spending can feel risky even with a solid plan in place, and how to gain confidence spending in retirement. Here’s some of what we discuss in this episode: 💸 Spending Challenges: Why drawing down savings feels scary 🧠 Psychology of Spending: Fear, headlines, and emotional decisions ⏳ The Cost of Not Spending: Missed experiences and added stress 🧭 Action Steps: How to spend with confidence 📞 Getting Help: When guidance makes the difference   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  What do you do when financial decisions aren’t just about the numbers? Today, Eric pulls from the mailbag and takes on high-stakes decisions: what to do with family farmland, how much to save, and whether AI belongs in your financial life. So how do you decide when there’s no obvious right move? That’s exactly what we break down in this episode. Here’s some of what we discuss in this episode: 🌾 Inherited Farmland Decisions: Sell, keep, or repurpose? ⚖️ Emotion vs. Logic: Balancing family ties and financial sense 🤖 AI in Financial Planning: Helpful tool or overhyped trend? 📊 Savings Rules of Thumb: When guidelines help — and mislead ✅ Retirement Readiness: Stress-testing where you stand Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  One of the most common- and least understood- questions in financial planning is how advisors actually get paid. Fees, commissions, percentages… it can feel confusing, uncomfortable to ask about, or easy to misunderstand. In this episode, Eric explains the primary ways financial advisors earn compensation, including commission-based and fee-based models, how those structures work in practice, and what they mean for clients. Here’s some of what we discuss in this episode: 💼 Advisor Compensation Basics: The main ways advisors earn income ⚖️ Fee vs. Commission Models: How incentives and alignment differ 🧾 Costs and Taxes: How fees are paid and treated 🛡️ Ethics and Oversight: Licensing, fiduciary duty, and regulation 📈 Value of Advice: What clients receive beyond investment returns Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  There’s something special about a snow day. They’re somewhat unexpected, memorable, and a break from the routine. Eric borrows a few classic snow-day moments and uses them as metaphors for building a strong financial life. Snow days don’t last forever, but the memories they create do. The same is true financially. When you build a solid plan, you give yourself the freedom to handle the hard parts, enjoy the fun ones, and stay steady when conditions change. Here’s some of what we discuss in this episode: ❄️ Snow Day Metaphors: How weather mirrors financial seasons 🛷 Uphill Work: Why preparation comes before enjoyment ⛄ Strong Foundations: Building income, tax, and legacy layers 🚦 Risk Awareness: Staying safe during volatile conditions 🎉 Planned Enjoyment: Giving yourself permission to enjoy Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Some of the loudest voices in personal finance aren’t shy about strong opinions, but are those opinions actually helpful? Eric reacts to controversial advice from some of the most recognizable names in money and retirement conversations. The discussion focuses on why one-size-fits-all guidance often misses the mark and how real planning differs from financial entertainment. Just because advice sounds confident doesn’t mean it fits your situation. Here’s some of what we discuss in this episode: 💥 Hot Takes – Bold opinions from well-known financial personalities 🏠 Rent vs. Buy – Debating the role of homeownership 💵 Cash Reserves – How much liquidity retirees really need 🎤 Expert Reactions – Thoughtful critiques of popular advice 🗺️ Personal Planning – Why one-size-fits-all advice falls short Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  A new year is the perfect time to make sure your financial plan is still working the way it should. In this episode, Eric walks through a simple (yet impactful) checklist to help you reset, refocus, and avoid common mistakes that can sneak up over the course of the year. Miss these now, and they can quietly cost you later. Here’s some of what we discuss in this episode: 🧾 Tax Withholdings – Making sure the right amount is withheld 📜 New Legislation – How recent laws affect your taxes 📆 Estimated Taxes – Quarterly payments versus automatic withholding 💼 Retirement Contributions – Maximizing limits and catch-up options 📁 Tax Prep – Organizing documents before deadlines arrive Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Money shows up in our favorite songs for a reason. It captures the emotions, tensions, and tradeoffs we all feel when it comes to finances. In this episode, Eric has some fun pulling financial lessons from iconic lyrics and exploring what they reveal about real-life money decisions. You might never hear these songs the same way again! Here’s some of what we discuss in this episode: 🎤 Song Lyrics – Financial lessons hidden in familiar music 💵 More Money – Why higher income creates new complications 🧠 Mindset Shift – How wealth changes decisions and emotions 🛣️ Big Decisions – When it makes sense to pull money out 🧾 Taxes – Keeping more of what you’ve earned Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  In a world full of flashy promises and polished marketing, how do you know what actually matters when choosing a financial professional? In this episode, Eric tackles “shiny object syndrome” in retirement planning- the glossy brochures, impressive projections, testimonials, awards, and alphabet soup of credentials that can distract investors from what really counts. Eric breaks down which tools can be helpful, which deserve skepticism, and why trust, process, and real-world experience ultimately outweigh hype. Here’s some of what we discuss in this episode: ✨ Shiny marketing vs. substance 📊 How to interpret hypothetical projections realistically 🗣️ What testimonials can (and can’t) tell you 🏆 Why advisor awards may be misleading 🎓 Experience vs. professional designations 🤝 The importance of trust and a clear planning process Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  When it comes to retirement, having enough money doesn’t automatically mean having everything figured out. In this episode, Eric tackles real listener questions that reveal where even confident savers can still go wrong. From deciding whether an advisor adds value when money isn’t an issue, to the risks of relying on stock-picking and “passive income” strategies for early retirement, the conversation centers on one core idea: having options isn’t the same as having a strategy. Here’s some of what we discuss in this episode: 💬 “If I already have more money than I’ll ever need, do I really need an advisor?” 💬 “Can I create reliable passive income by picking the right stocks and retiring early?” 💬 “How do we handle risk when my spouse and I don’t see money the same way?” Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  We’ve all seen those Christmas ornaments that say things like “Baby’s First Christmas.” It’s a milestone moment worth commemorating. But what about a retiree’s first Christmas? You may not have a specialty ornament to hang on the tree for this one, but that doesn’t mean it isn’t a milestone. Let’s break down what might be different about this year’s holiday for your first Christmas in retirement… Here’s some of what we discuss in this episode: 🎁 How gift-giving changes without holiday bonuses ✈️ Travel freedom- and costs- during the holidays 📊 Why many retirees feel cautious their first year 🫴 The power of giving back to your community ❤️ Creating new traditions, giving back, and building lasting memories Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  We’re bombarded daily with headlines that spark panic — elections, health insurance changes, Social Security insolvency, market swings, and more. But how much of it really matters for your retirement? In this episode of the Retirement Ready Podcast, Eric Peterson breaks down three major worries retirees bring up all the time — political elections, ACA subsidy changes, and the Social Security trust fund — and explains which ones deserve your attention and which ones are mostly noise. Here’s some of what we discuss in this episode: 🗳️ Election noise ≠ reality 🛡️ Focus on what you control 💊 ACA subsidies still workable 📉 Social Security needs fixes 🧾 Your plan should absorb changes   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/   Your retirement journey has more in common with The Wizard of Oz than you might think. In this playful but practical episode, Eric uses themes from the classic film — the Yellow Brick Road, the Scarecrow, Glinda the Good Witch, and more — to illustrate some of the most important principles in retirement planning. Here’s some of what we discuss in this episode:  🟨 Stay on the Yellow Brick Road 🏡 There’s No Place Like Home  🧠 “If I Only Had a Brain”  🧙‍♀️ Good Witch or Bad Witch?  🚫 Don’t Follow the Munchkins   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Eric explores common money mistakes people often make when planning for retirement, and scenarios that could cost you in the long run. The discussion also covers critical considerations around long-term care and how to avoid financial setbacks. Tune in to learn what you can do now to steer clear of these all-too-common errors and set yourself up for a worry-free retirement.   Here’s some of what we discuss in this episode: 💸 Retirement Planning Slip-Ups: the mistakes that sneak up on people 📥 Automating Contributions: how money ends up sitting idle without you noticing 📊 Auto-Enrollment Pitfalls: when “set it and forget it” backfires 🕒 Claiming Too Early: why timing your Social Security matters 🏥 Long-Term Care Blind Spots: the cost people underestimate most   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  What do flight plans and retirement strategies have in common? In today’s episode, Eric draws an analogy between piloting a plane and navigating retirement. He explains how stress-testing your retirement plan against life’s turbulence can enhance your confidence and strengthen your financial resilience. So, fasten your seatbelt and join us as we chart a smooth course toward a secure retirement landing. Here’s some of what we discuss in this episode: ✈️ Flight Plan First: why every successful retirement starts with a solid plan 🌪️ Market Turbulence: how to stay calm and confident when markets get bumpy 🛫 Course Corrections: adjusting your plan when life or the market shifts 💼 Regular Reviews: why consistent check-ins keep your financial flight on track   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  It’s time to get comfortable with the uncomfortable. In this episode, Eric tackles the financial discussions most people put off and explains how facing them now can protect your family’s future. Tune to discover honest, practical ways to talk about loss, legacy, and long-term care—and learn how these conversations can bring clarity and connection to the people who matter most. Here’s some of what we discuss in this episode: 💔 Spousal Loss: preparing for income changes and the financial impact of losing a partner 🏥 Long-Term Care: exploring strategies to cover nursing home and healthcare costs 👨‍👩‍👧 Family Communication: discussing care plans, expectations, and responsibilities with loved ones 🤝 Advisor’s Role: how financial professionals can guide families through emotional and financial decisions   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Think fairy tales are just for kids? Think again. The secrets to lasting wealth may be hiding in stories you heard at bedtime. Today, Eric takes a creative approach to financial planning, drawing lessons from Aesop’s Fables to show why slow, steady, and intentional strategies still win the race. Here’s some of what we discuss in this episode:  💰 Enjoying Wealth: why it’s important to use your money, not just look at it 🐢 Slow & Steady Wins: the power of consistency over chasing quick gains 📈 The Hockey Stick Curve: understanding how real wealth builds over time 🌪️ Market Volatility: how to stay calm and focused when markets fluctuate 👨‍👩‍👧 Teaching the Next Generation: passing on patience and long-term thinking

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Ever wondered if your financial review truly reflects who you are and what matters most to you? In this episode, Eric explores how financial reviews aren’t one-size-fits-all, they’re tailored to your unique personality and goals. From data-centric clients who thrive on numbers and details, to family-focused individuals focused on legacy planning, we’ll explain the importance of customizing reviews to meet each client’s needs. Here’s some of what we discuss in this episode: 💡 Client Personalities: understanding how different clients need different financial approaches 👨‍👩‍👧‍👦 Legacy Planning: working with family-focused clients to secure wealth for future generations 😌 Market Volatility & Anxiety: helping clients stay calm and confident despite market fluctuations 📝 Regular Reviews: the value of frequent check-ins to ensure clients stay on track 📚 Financial Literacy & Education: empowering clients with the knowledge they need for better decisions   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/ Instilling strong habits creates a foundation for you to build on, and investing is no different. Today, Eric breaks down the habits that can turn good intentions into bad investing outcomes. He explains how emotional reactions, trend-chasing, and lack of a clear plan often derail even disciplined savers. Learn how to focus on what you can control, avoid common pitfalls, and build a more confident, goal-driven approach to retirement investing. Here’s some of what we discuss in this episode: 🚫 Bad Investor Traits & Mistakes: chasing fads, ignoring fundamentals, and short-term thinking 🧩 Cohesive Strategy & Long-Term Planning: why consistency beats chasing trends 💸 Tax Efficiency & Market Volatility: controlling what you can and minimizing tax drag ⚖️ Assets & Risk Management: keeping income safe while markets move 🤝 The Importance of Professional Advice: staying objective when emotions run high   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Retirement is approaching and how you get started could have a huge impact on the rest of your retirement. Today, Eric shares the do’s and don’ts of entering retirement and explains why the first year is one of the most critical times in your financial life. He breaks down the common pitfalls in managing emotions, spending, taxes, investments, and health coverage, and shares how to steer clear of them. Think you can DIY your retirement? Eric explains why a clear plan, and real guidance, matter more than ever, especially in the age of AI. Here’s some of what we discuss in this episode: 😬 Retirement Readiness & Common Fears: tackling the unknowns of retirement 🕰️ First Year of Retirement: emotions, spending habits, and big decisions 🤖 AI & Planning: AI can assist, but it lacks the human touch and often misses context 🤝 Working with Professionals: don’t go into retirement alone, have a trusted professional by your side Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Eric breaks down some of the most common misconceptions about retirement planning and reveals what it really takes to build lasting financial confidence. He explains how to find the right balance between growth, safety, and tax efficiency while addressing myths about investment risk, life insurance, and retirement income. Backed by real data and practical examples, Eric shows why relying on outdated rules of thumb can leave your plan vulnerable, and how to avoid the pitfalls that derail so many retirees. Here’s some of what we discuss in this episode: 📉 Stocks & Bonds: understanding their growing correlation 🛡️ The Role of Annuities: creating stability in retirement plans 💵 Managing Tax Brackets: how RMDs can push taxes higher 🧾 Tax Planning: why proactive strategy matters in retirement Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  When it comes to retirement, every financial decision counts- but some are more complicated than others. In this episode, Eric tackles listener questions about three real-life retirement scenarios. First, he explains what happens when you want to adjust or cancel a life insurance policy with cash value, and why doing it the wrong way could trigger an unexpected tax bill. Then, he helps a listener weigh whether moving closer to a friend (even at a short-term loss) might still make sense for their retirement happiness. Finally, Eric offers practical insights for handling a late-career pay raise, including how to reduce the tax impact. Here’s some of what we discuss in this episode: 💡Adjusting or replacing life insurance without triggering taxes 🏠 When emotional returns can outweigh financial ones📈 Smart ways to handle extra income late in your career🧩 Why every financial move should fit into your broader plan   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Golf and retirement may seem worlds apart, but the lessons from the course fit perfectly into financial planning. In this episode, Eric shares why chasing “hole-in-one” investments can feel exciting but dangerous if it makes you think you’ve “figured it all out.” Just like golf, one great shot doesn’t win the round. Retirement requires consistent play, a steady hand, and the humility to know luck is often part of the game. Here’s some of what we discuss in this episode:  ⛳ The hole-in-one trap: one lucky investment win doesn’t guarantee long-term success 🏌️ Why diversification across asset types matters 🛟 Avoiding overconfidence: how big wins can tempt you into risky mistakes 🧑‍🤝‍🧑 Why experienced guidance can save you strokes (and money)   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  We’ve all heard the phrase “famous last words.” These statements sound confident in the moment but don’t age well. Retirement planning has its own version of those phrases and believing them can lead to painful consequences. In this episode, Eric shares the financial phrases he’s heard far too often, why they can be dangerous, and how shifting your perspective can create real safety and security in your financial plan and future. Here’s some of what we discuss in this episode: 📉 Waiting for “the right time” to get out of the market usually backfires 💵 Cash feels safe but loses purchasing power 🎂 The danger of planning to “die early” and outspending your money by age 75 🏥 Why dismissing the possibility of nursing home or dementia care is a risky assumption 🧭 How to set up income streams so market downturns don’t force you into bad decisions   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Retirement planning often looks straightforward from the outside, but as Eric explains, many decisions can be harder to make than they appear. In this episode, Eric and Marc break down some of the most common challenges retirees face, starting with the big question of when to claim Social Security. They discuss why the timing depends on more than just generic advice, including how your other assets and taxes play into the equation. The conversation also explores what true diversification really means, why rolling over a 401k can be trickier than expected, and how to think about long-term care costs without jeopardizing a spouse’s financial future. Here’s some of what we discuss in this episode: 🧩 Social Security timing is more complex than it looks  📊 Diversification doesn’t always mean owning more funds 🔄 401k rollovers can come with hidden hassles and fees 🏥 Stress testing your long-term care plan Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  The financial world is crowded with titles- advisor, broker, planner- and it isn’t always clear what those labels mean for your retirement. In this episode, Eric breaks down the critical differences between brokers and fiduciary advisors, using simple analogies to show how each approach your money in very different ways. Here’s some of what we discuss in this episode: 🔍 The difference between brokers and fiduciaries 💸 How one broker’s advice triggered a $9,000 tax hit 🔄 Risks of splitting assets across different firms ⏸️ Why doing nothing is sometimes the smartest move Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Gen X is often called the “forgotten generation,” but when it comes to retirement planning, they may also be the most at risk. Many Xers came of age just as pensions were disappearing, making them the first generation to rely heavily on 401ks. Add in market crashes, higher levels of personal debt, and a fierce streak of independence, and you’ve got a group that faces unique challenges as retirement approaches. Today, Eric talks candidly about what makes Gen X different from previous generations and how to navigate the road to retirement. Here’s some of what we discuss in this episode:  🧩 Why Gen X faces unique retirement challenges 💳 The realities of debt for Gen Xers 💼 Why 401ks started to replace pensions 📈 Catch-up provisions and other growth opportunities ⚖️ Comparisons between Boomers and Gen X Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Conventional wisdom often sounds reassuring: “Real estate always goes up.” “Mortgages are good debt.” “Switch investments when something isn’t working.” But is it actually wise advice? In this episode, Eric challenges some of the most common money clichés and points out where they can lead retirees astray. It’s time to test whether these “wise” sayings really hold up in today’s world, and to learn what actually creates lasting retirement security. Here’s some of what we discuss in this episode:  🏡 “Real estate always goes up”... is it true? 📉 Why chasing performance hurts investors 💳 Good debt vs. bad debt in retirement 📰 Headlines and emotions that derail planning Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Could you be wealthier than you realize once all your accounts and assets are tallied? Many pre-retirees and retirees underestimate the financial strength they’ve already built, creating unnecessary stress. In this episode, Eric shares five clear signs that you’re on stronger financial footing than you might think. If you’ve ever worried, “Do I really have enough?” this conversation could change the way you see your retirement future. Here’s some of what we discuss in this episode: 🛟 Emergency funds = first line of defense 💰 Living below your means creates freedom 🌱 Compounding growth beats quick wins 🔑 Diversifying income streams can reduce risk 🧠 The psychology of spending in retirement   Get in touch with the Peterson Financial team: https://petersonfg.com/

📞 Ready to take the next step? Connect with the Peterson Financial team here 👉 https://petersonfg.com/  Planning a great vacation takes time, effort, and a little bit of strategy. So why do so many people put more thought into a week-long trip than into a decades-long retirement? In this episode, Eric uses the fun (and sometimes stressful) process of vacation planning to show how you can prepare for a smoother, more enjoyable retirement. If you wouldn’t dream of “winging it” on a big trip, you definitely shouldn’t wing it with the rest of your life. Here’s some of what we discuss in this episode: 🎟 Finding free or low-cost activities to stretch your budget 🍽 How your lifestyle choices affect long-term cash flow 🚨 Planning for the unexpected, from health issues to home repairs 🗂 Making sure loved ones know where to find key documents 💵 Building flexibility into your retirement plan Get in touch with the Peterson Financial team: https://petersonfg.com/

We all have those personality quirks: a car full of fast-food napkins, forgetting names mid-conversation, or insisting on carrying all the groceries in one trip. But what if those small, relatable habits say something deeper about how we handle money, risk, and retirement planning? In this episode, Eric brings humor and insight to the table as he explores how everyday behaviors often mirror our financial tendencies.   Here’s some of what we discuss in this episode: 🧾Accounting for Social Security’s uncertainty in your retirement strategy 💬 The “name forgetting” trick and what it says about overlooked financial details 📉 Why many overestimate their comfort with market risk 🤷‍♂️ Why people procrastinate retirement planning and what that costs them   Get in touch with the Peterson Financial team: https://petersonfg.com/

What do smoking sections, kids' menus, and combo meals have to do with retirement planning? More than you might think! In this episode, Eric serves up financial wisdom using a creative "retirement restaurant" metaphor.  He explains how appearances can be deceiving when it comes to diversification, why some strategies that helped you build wealth may not be the same ones that preserve it, and how oversimplified financial plans can leave retirees underprepared for life’s curveballs.   Here’s some of what we discuss in this episode: 🍽️ What an old restaurant teaches us about investing 🚬 Smoking vs. Non-Smoking = Diversification myths 📦 Why mutual funds often overlap more than you think 🥗 Liquidity, safety, and growth- pick two 📊 Adapting your financial strategy as you get closer to retirement   Get in touch with the Peterson Financial team: https://petersonfg.com/

Should you use your emergency fund, dip into your IRA, or just finance a new car in retirement? How can someone fresh out of college start saving for the future without putting life on hold? And is $500,000 really enough to retire comfortably at 65? In this listener mailbag episode, Eric dives into three real-world questions that highlight the complexity and nuance of personal financial planning.    Here’s some of what we discuss in this episode: 🚗 Considerations for funding a new car in retirement 🎓 Saving tips for young workers balancing life and the future 💰 The myth of the $1 million retirement target   Get in touch with the Peterson Financial team: https://petersonfg.com/

In this mailbag episode, Eric answers real questions from listeners navigating big life transitions. First up, a soon-to-be retiree wants to take the whole family to Disney World, but how do you plan a big trip like that without derailing your retirement timeline? Eric breaks down how to stress-test your retirement plan for one-time expenses and offers tips for budgeting a major vacation while keeping your future goals intact. Next, Eric tackles two more questions that hit close to home for many: how to turn a $500,000 nest egg into reliable retirement income, and what to do when you're leaving a job with benefits to go full-time self-employed. Here’s some of what we discuss in this episode: 🎢 Budgeting for a big Disney trip without derailing retirement 💸 Creating reliable monthly income after retirement 📉 The role of annuities and CDs in income planning 🏥 Navigating health coverage when leaving a job with benefits 💻 Where to explore affordable individual insurance options Get in touch with the Peterson Financial team: https://petersonfg.com/

DIY works great for fixing up the house or building a bookshelf, but does it hold up when you're planning your retirement? In this episode, Eric unpacks the pros and pitfalls of do-it-yourself financial planning, especially as you transition from the "saving" years to the "spending" years. It's one thing to manage your portfolio when you're working and have time to bounce back from a mistake. But once that paycheck stops, the financial game changes fast.   Here’s some of what we discuss in this episode: 🛠️ Why DIY works during the accumulation phase ⚠️ The hidden risks of doing it alone in retirement 📉 How poor timing and emotion can wreck a solid plan 📊 What most DIYers miss when it comes to taxes 🎯 The importance of a Retirement Readiness Review   Get in touch with the Peterson Financial team: https://petersonfg.com/

Turning 62 isn’t just another birthday, it’s a milestone that kicks off some big retirement decisions. In this episode, Eric breaks down what reaching this age really means, from deciding when (or if) to claim Social Security to navigating income limits that could reduce your benefits. We’ll also explore how your health, family longevity, and lifestyle goals should influence that decision. Beyond Social Security, you’ll hear strategies for covering the tricky gap before Medicare kicks in at 65, why this is the perfect time to review your legal documents, and more!   Here’s some of what we discuss in this episode: ⏳ Should you claim Social Security at 62 or wait? 💼 How working in retirement impacts your Social Security benefits 🩺 Bridging the gap to Medicare with affordable health insurance 📜 Why updating legal documents and beneficiaries is critical at this stage 🧠 Using early retirement as a chance to reduce future tax burdens   Resources for this episode: Ehealth Calculator: https://www.ehealthinsurance.com/resources/affordable-care-act/subsidy-calculator   Get in touch with the Peterson Financial team: https://petersonfg.com/

Most of us have a junk drawer stuffed with random odds and ends we forgot about. But what about your financial junk drawer? Old insurance policies, dusty 401(k) statements, outdated wills, or savings bonds from decades ago could be sitting forgotten, and they might be costing you money or missing opportunities. In this episode, Eric opens the drawer on common financial items people stash away and forget to revisit. Here’s some of what we discuss in this episode:  🗂️ Old life insurance policies that might still have value 📜 Wills and estate documents that need updating (or replacing!) 🧾 Forgotten 401(k)s and missing Social Security records 💸 Unclaimed savings bonds and lost checks hiding in plain sight 📋 How cleaning your “financial junk drawer” helps prep for retirement planning Get in touch with the Peterson Financial team: https://petersonfg.com/

In today’s world, information is everywhere, but not all of it is helpful. When it comes to financial planning, too much research or the wrong kind of advice can do more harm than good. In this episode, Eric tackles the overwhelming flood of financial content people consume through news articles, websites, AI tools, and so-called “money experts.” While it feels empowering to Google your way to a decision, Eric warns that many of these sources use emotional triggers to sell products instead of offering real guidance. Here’s some of what we discuss in this episode:  🧠 The illusion of empowerment: When research creates confusion 💻 The internet’s hidden agendas 🚨 Why financial “entertainers” are rarely fiduciaries 📉 Real risks of falling for viral advice and newsletters 🤝 How a personalized, transparent process beats online noise Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement isn’t just about financial spreadsheets, it’s about preparing your whole life for a new chapter. In this episode, Eric uses the clever framework of The Five People You Meet in Heaven to explore the five types of professionals and relationships that can shape your retirement journey. From legal guidance to physical wellness, these people can help protect what you've built and ensure you're actually able to enjoy it. Here’s some of what we discuss in this episode: 🔒 The importance of protecting assets 📜 The surprising benefits of speaking with an estate planner 💊 Medicare, insurance brokers, and avoiding one-size-fits-all advice 🪴 Personal growth and mentorship still matter after you retire Get in touch with the Peterson Financial team: https://petersonfg.com/

When it comes to retirement, some decisions aren’t as clear-cut as they seem. Should you pay off your mortgage early? Convert to a Roth IRA? Claim Social Security at 62 or wait until 70? The math might say one thing, but your emotions, goals, and personal circumstances often pull you in another direction. In this episode, Eric tackles the “gray areas” of retirement planning, those tricky crossroads where logic and lifestyle collide.   Here’s some of what we discuss in this episode: 🏠 To pay off the mortgage or to not pay off the mortgage 🧠 The psychological side of claiming Social Security 🔄 Roth conversions: long-term gain or short-term tax pain? 🧮 When your retirement plan needs more than just math   Get in touch with the Peterson Financial team: https://petersonfg.com/

We all like to believe we're rational when it comes to money, but our emotions often tell a different story. In this episode, Eric unpacks key insights from Morgan Housel’s The Psychology of Money and explains how our upbringing, fears, and life experiences shape how we save and spend. From the fear of running out to the trap of always wanting more, Eric explores why logic alone isn't enough to build a solid retirement plan.   Here’s some of what we discuss in this episode: 🔍 Why "no one is crazy" when it comes to money 💰 The danger of the “never enough” mindset/constant pursuit of more 🧠 Why being reasonable is more important than rational in financial planning 🛡️ Building a plan that allows for the unexpected     Get in touch with the Peterson Financial team: https://petersonfg.com/

Most people assume all financial advisors offer the same services, but that couldn’t be further from the truth. From taxes to Social Security, Medicare to estate planning, the depth and quality of your advisor’s services can make or break your retirement plan. In this episode, Eric walks through the often-overlooked services a true, holistic advisor should provide and why they matter. Here’s some of what we discuss in this episode: 🧾 Tax-smart withdrawal planning 📅 Social Security & pension timing guidance 🩺 Medicare plan support through trusted referrals 🏠 Estate planning connections that speak your language 💼 401k optimization and strategies Get in touch with the Peterson Financial team: https://petersonfg.com/

Thanks to a variety of economic and geopolitical circumstances, many people are experiencing some form of financial anxiety right now. Whether it’s market volatility, inflation headlines, or fears about Social Security and global instability, the emotional impact of uncertainty is very real. In this episode, Eric addresses what’s behind that anxiety and how a solid retirement plan can keep you grounded, even when the news cycle suggests otherwise. Here’s some of what we discuss in this episode: 📉 Why market drops feel more personal than they really are 📺 How headlines fuel a fear-based cycle 🛠️ The tools smart investors use to stay steady 💰 Income strategies that protect against volatility 🧠 Why your mindset is just as important as your money Get in touch with the Peterson Financial team: https://petersonfg.com/

In this episode, Eric opens the mailbag to answer three listener questions that hit on some of the most common—and often misunderstood—retirement topics. From how the 4% withdrawal rule really works, to whether life insurance is a smart legacy tool, Eric brings practical, experience-backed advice to each conversation. Here’s some of what we discuss in this episode: 📉 What the 4% rule really means 🚨 Preparing for a forced early retirement 💬 Why confidence starts with knowing your numbers 📊 Retirement is all about discovering your options Get in touch with the Peterson Financial team: https://petersonfg.com/

Most people think a financial advisor’s primary job is picking investments, but that’s just a small piece of the puzzle. In today’s episode, Eric explains that the real work happens in solving the complex, emotional, and unexpected problems that come with retirement: early job loss, tax challenges, the loss of a spouse, or even recovering from bad advice.   Here’s some of what we discuss in this episode: 📉 Strategies for forced early retirement after age 55 🧠 How problem-solving is at the core of advising 🧾 What happens to your taxes after your last paycheck 📦 Using inherited accounts the right way 🛠️ Cleaning up bad financial advice from the past   Get in touch with the Peterson Financial team: https://petersonfg.com/

Making more money is great, but what happens when it becomes a roadblock for contributing to a Roth IRA? And how can you make your emergency fund work smarter for you? In today’s episode, we pull from the mailbag and answer a mix of listener questions. Eric addresses concerns that reflect the real-life hurdles many face on the road to retirement.   Here’s some of what we discuss in this episode: 💰 How to handle income limits and strategies with Roth IRA vs. Roth 401(k) 🏦 High-yield savings options vs. CDs – How to make your emergency fund work harder 📊 Understanding the difference and maximizing benefits with tax-deferred vs. tax-free accounts 💡 Non-deductible IRAs – A way to continue saving for retirement even when you exceed Roth income limits 🔄 Emergency fund strategies—Keeping cash liquid without losing growth opportunities   Get in touch with the Peterson Financial team: https://petersonfg.com/

Although tax season has come to a close, the time for smart tax planning has just begun! In this episode, we unpack the upcoming tax updates that could affect your planning for the next few years, including changes to 401(k) contribution limits, tax deductions, and the potential benefits of using tax-advantaged accounts like HSAs. Here’s some of what we discuss in this episode: 📊 401(k) Contribution Limits increase so you can boost your savings 💡 Catch-up Contributions may maximize your retirement savings 🏥 HSAs are a powerful tool for tax-free retirement healthcare savings 📝 Standard Deduction Updates for 2025 💼 How to make the most of tax-advantaged accounts   Get in touch with the Peterson Financial team: https://petersonfg.com/

Ever fantasize about leaving your 9-to-5 before traditional retirement age? You're not alone, but is early retirement even possible? In today’s episode, Eric explores what it really takes to retire early including how to tackle healthcare costs, how to make money last longer, and the importance of shifting your mindset from spender to saver. Here’s some of what we discuss in this episode: 💼 Why many retirees return to part-time work (and love it!) 🏦 Retirement account rules—what you can access at age 55 💡 How to know if early retirement is truly realistic for you 📊 Why running the numbers is the first step to freedom Get in touch with the Peterson Financial team: https://petersonfg.com/

​What are Americans really concerned about when it comes to retirement? In this episode, we unpack the results of an insightful survey from Financial Advisor Magazine, which was completed by over 400 financial advisors. We’ll also compare these answers with the real-world concerns we hear every day from the clients in our own practice.   Here’s some of what we discuss in this episode:  💸 Outliving Your Money – Still the #1 concern for retirees 📈 Wealth Building vs. Income Planning 📉 Market Risk in Retirement 🏥 Healthcare Costs – A hidden challenge for early retirees   Get in touch with the Peterson Financial team: https://petersonfg.com/

March Madness is here, and just like filling out a bracket, picking individual stocks can feel like a thrilling gamble. But the odds of winning big are slim. In fact, history shows that most stock picks, like most brackets, end up busted. Many investors can’t resist chasing big wins, even though diversification is a smarter play. One economist, Hendrik Bessembinder, analyzed the returns of nearly a century of stock performance. Let’s compare what he found to March Madness history and uncover what March Madness can teach us about investing! Here’s some of what we discuss in this episode: 🏆A perfect bracket has never happened 📉 The odds of sustainable success are slim 🏀The most familiar choice doesn’t mean victory 📊The importance of diversification in investments   Get in touch with the Peterson Financial team: https://petersonfg.com/

Many investors focus on market performance but overlook one of the biggest threats to their long-term wealth: hidden fees. These costs—often buried within mutual funds, annuities, and trading expenses—can quietly erode your retirement savings over time. In this episode, Eric reveals the true cost of investing and how to protect yourself from unnecessary financial drains. Here’s some of what we discuss: 💰 Mutual Fund Costs – Expense ratios are just the beginning. Learn how trading fees and taxes could be taking an extra 2.5% from your returns. 🏇 The Heavy Jockey Effect – Variable annuities may seem safe, but their high fees can weigh down your investments like a jockey too heavy for his horse. 📉 Market Downturns & Hidden Costs – How volatile markets can amplify the impact of these fees on your portfolio. 🛡️ Smart Strategies – Discover how tax-protected accounts like IRAs and 401(k)s can help mitigate unnecessary expenses.   Get in touch with the Peterson Financial team: https://petersonfg.com/

What do Monopoly, Trivial Pursuit, Candy Land, and Risk have in common with retirement planning? More than you might think! In this episode, Eric breaks down the surprising financial lessons hidden in classic board games, offering valuable insights to help you navigate your retirement strategy. From the asset management lessons of Monopoly to the strategic thinking required in Risk, these games mirror real-life financial decisions. Just as in Trivial Pursuit, where players must collect wedges in different categories, a well-rounded retirement plan requires knowledge of investments, Social Security, Medicare, and tax strategies. And if you’re relying on luck—like in Candy Land—rather than a solid financial plan, you might be in for a rude awakening. Eric also explores how risk management and retirement readiness reviews can give you a clearer financial picture, helping you avoid costly missteps. Here’s some of what we discuss in this episode: 🎩 Monopoly & Money Management – Avoid financial ruin by understanding asset allocation and risk. 🧠 Trivial Pursuit & Retirement Strategy – Build a well-rounded plan with investments, Social Security, and Medicare. 🎲 Candy Land & Investing Mindset – Luck won’t cut it—why strategic planning beats wishful thinking. ⚔️ Risk & Financial Defense – Balance offense and defense in your investment approach.   Get in touch with the Peterson Financial team: https://petersonfg.com/

Join us as we answer questions about the challenges of downsizing, the emotional aspects of planning for family gatherings, and the realities of transitioning into a financial advisory career. Whether you're a grandparent considering a new home or a professional seeking a career change, this episode will hopefully cover something that might impact your retirement. Here’s some of what we discuss in this episode: Is upsizing in retirement to accommodate family gatherings a crazy idea? What advice would Eric give to someone thinking about becoming a financial advisor? What should business owners focus on if they haven’t been saving in a 401k or retirement account? Get in touch with the Peterson Financial team: https://petersonfg.com/

On this episode, Eric dives into the complexities of crafting a personalized retirement strategy. While many face the same general retirement concerns, each individual’s situation is unique, requiring tailored solutions. We’ll explore real-life scenarios like age gaps and separate finances, highlighting the specific challenges people encounter when planning for the future. Here’s some of what we discuss in this episode: What changes with planning when you and your spouse have an age gap? The things you have to plan for if you want to retire early. How we help couples who keep their finances separate. Rebounding from divorce and building your finances back up for retirement. Get in touch with the Peterson Financial team: https://petersonfg.com/

Anyone with children knows that they will have a huge impact on your money, and retirement planning is no different. There are family dynamics that impact decisions you’ll need to make during the planning process. As many nearing retirement age are discovering, adult children and grandchildren can significantly influence financial strategies, making it crucial to understand how to navigate these relationships effectively. Here’s some of what we discuss in this episode: When should you make sure your kids are no longer ‘on the payroll’? Making the decision to prioritize retirement versus helping your children with college funding. The best ways for grandparents to help with their grandchildren’s education costs. Is it okay to count on your children to help take care of you as you age? Get in touch with the Peterson Financial team: https://petersonfg.com/

Financial advisors wear a lot of hats, but one role you probably didn’t expect us to play is a counselor or therapist. That happens more than you would imagine because we help couples communicate about money and have conversations that they might not normally have at home. This episode is focused specifically on the planning we do with couples with insights on how we help them navigate tricky conversations about money and retirement. Here’s some of what we discuss in this episode: The things that married couples tend to disagree about most when it comes to money. What financial matters do couples do a poor job communicating about? Why you want to have conversations about how you want to spend your time in retirement.   What should you discuss as a couple before meeting with a financial advisor? Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement is often viewed as a golden era of relaxation and enjoyment, but it can also be riddled with misconceptions that can lead to financial pitfalls. Many people fall into the trap of wishful thinking when it comes to what they expect will happen in retirement, but a successful retirement isn’t built on hope and assumptions. In this episode, Eric sheds light on these common myths and offers practical strategies for effective retirement planning. Here’s some of what we discuss in this episode: Can retirees live off the interest generated by their investments in retirement? Many people think they’ll be in a lower tax bracket in retirement but is that reality? Once you stop working, many expenses will no longer be necessary, but does that mean you’ll end up spending less overall in retirement? People are often shocked at the cost of healthcare when it comes out of their own pocket.   Get in touch with the Peterson Financial team: https://petersonfg.com/

Retirement is a time for relaxation, exploration, and enjoying the fruits of years of hard work. However, for many, the transition from saving to spending can be a daunting challenge. It’s a common dilemma that we’ll discuss in this episode while offering up insightful strategies to help retirees spend with confidence. Here’s some of what we discuss in this episode: Shifting from the saving mindset of your working life to the spending mindset of retirement. How proper planning can build up confidence for retirement. The accumulation vs. distribution phases. Not being overly confident. Get in touch with the Peterson Financial team: https://petersonfg.com/

In the latest episode of Retirement Ready Podcast, Eric pulls back the curtain on some of the most common financial half-truths that many retirees and investors encounter. As someone gearing up for retirement, it's crucial to have a clear understanding of these financial nuances to ensure your strategy is both effective and resilient. Here’s some of what we discuss in this episode: While the market will go up in the long run, a downturn when you need to sell stock can be a major issue. Paying off a mortgage early vs. investing more in your retirement. Diversification is important, but it is not the only thing you need for a successful retirement. Bonds reduce risk, but they’re not risk-free. Get in touch with the Peterson Financial team: https://petersonfg.com/

The 401k is the most common way that people save for retirement, which is why we get a lot of questions on the show and in the office about this employer-sponsored plan. You want to take full advantage of your 401k when you’re working, but there are some intricacies that you might not even be aware of. This episode will tackle those frequently asked questions and break down the areas that people are most curious about. Here’s some of what we discuss in this episode: Should you take advantage of employer-offered 401K advisory services? Should you put more into your 401K than the company match? Are 401K loans a good idea? When should you rollover a 401K into a Roth IRA? Get in touch with the Peterson Financial team: https://petersonfg.com/

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: Different financial tools are used for different goals that people have. Discussing fee structure with a prospective advisor. Avoiding putting too much trust in big name brands. Not being afraid to ask questions. Making sure that you are working with somebody who has the right specialty.   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. "The stock market is rigged against the little guy." Is this a myth or a reality? "The bank is the safest place for my money." While banks offer security, they may not always be the best option for growing your wealth. We'll discuss the trade-offs and explore alternative strategies. "I'll start saving next year." Procrastination is a common financial enemy. We'll discuss the dangers of delaying your savings goals and provide actionable tips to get started today. 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: Make informed decisions about your retirement savings. Navigate the stock market with confidence. Develop a sustainable savings strategy. Overcome common financial roadblocks.   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: The stress that can come with no set day to day schedule during retirement. Keeping your options open as you plan for retirement. Reducing your retirement stress by working with a qualified professional. 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: Finding opportunities during a market downturn Understanding capital gains taxes Leveraging high interest rates to your advantage Turning a layoff into an opportunity for a reset 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: Downsizing in retirement How taxes change when you must file as single The financial impacts of losing the ability to drive Not just assuming that your kids are on board with taking care of you in old age   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/