Retirement Ready

Have you recently inherited assets or one day expect to? How can you prepare your estate in a way that makes it easy for your heirs later on? We’ll look at all sides of legacy planning on this episode.   Show notes and additional financial resources here: http://petersonfg.com/estate-legacy-planning-faqs/     What we discuss on this episode:  0:46 - Mailbag: Should my parents sign over their house...

What financial wisdom can we glean from the sayings of Mark Twain? Believe it or not, many of these quotes are quite relevant today.   Read more and get additional financial resources here: http://petersonfg.com/what-does-mark-twain-have-to-say-about-your-financial-plan/     What we discuss on this episode: 1:25 - “Apparently there is nothing that cannot happen today.” 5:02 - “The lack of money is...

We’ve made it into the new year and time will tell if 2021 is a big improvement over 2020. What are some things to keep in mind as we transition into the year? What changes could impact you? On today’s episode of the Retirement Ready podcast we discuss a variety of new things--from how we celebrated the holidays to new SEC rules to dealing with an unexpected early retirement.    Read more and get...

Whether you want to learn more about using your HSA or trying to make strategic use of your severance package, Eric answers three questions from the mailbag. Do any of these questions relate to your situation?   Read more and get additional financial resources here: http://petersonfg.com/mailbag-should-i-use-my-severance-package-to-pay-off-the-house/     What we discuss on this show: 0:49 - Mailba...

What kind of decisions are you making alongside your financial advisor? How do you know if they are doing everything you need when it comes to creating and implementing a retirement plan? Eric talks through what you deserve from a financial advisor and how his team works with clients to meet their needs.   Read more and get additional resources here: http://petersonfg.com/things-your-advisor-shoul...

Do you know the three worlds of money? Where does the bulk of your money live? Is your money appropriately balanced across all three worlds? We’ll break it all down on this episode.   Read more and get additional financial resources here: http://petersonfg.com/the-three-worlds-of-money/     What we discuss on this show:  1:05 - What are the three worlds of money? 2:14 - The banking world offers li...

What should you do before the end of 2020 when it comes to your finances? We'll run through a list of items on this show.    Read more and get additional financial resources here: http://petersonfg.com/year-end-financial-planning-checklist/     What we discuss on this show: 1:15 - Are you maxing out retirement contributions? 2:36 - Are you using the options available in the CARES Act? 3:50 - What...

How much risk should you have in your portfolio? How do you know how much risk you actually have? Today we’ll talk about managing the risk in your investments.   Read more and get additional financial resources here: http://petersonfg.com/managing-your-risk-aversion/     What we discuss on this show:  0:47 - What does it mean when someone says they are risk-adverse? 2:31 - Why do people claim they...

When building a financial plan, it’s important to consider several different angles. Eric answers three questions from the mailbag on this week’s episode.   Read more and get additional financial resources here: http://petersonfg.com/mailbag-how-do-i-plan-for-possible-long-term-care-expenses/     What we discuss on the show:  0:47 - Mailbag: How do you plan for long-term care expenses? 5:08 - Mail...

Retirement about more than just the money. Today we talk through Maslow’s hierarchy of needs to make sure your financial plan will support each tier in retirement.   Read more and get additional financial resources here: http://petersonfg.com/the-retirement-hierarchy-of-needs/     What we discuss on this show: 0:47 - What are Maslow’s hierarchy of needs? 1:09 - What physical needs do you need to c...

What safety measures do you use when you own a gun? Are you implementing similar tactics with your financial plan?   Read more and get additional financial resources here: http://petersonfg.com/financial-planning-and-gun-safety/     What we discuss on this show:  1:15 - How does gun safety relate to financial planning? 2:03 - Why take unnecessary risk?  4:00 - Keep your ammunition separate from yo...

Do you need as much life insurance as you have? Or should you factor in eventual inheritance money when deciding when to retire? Eric answers three questions from the mailbag in this week’s podcast.   Read more and get additional financial resources here: http://petersonfg.com/mailbag-do-i-really-need-all-of-these-life-insurance-policies/     What we discuss on this show:  0:46 - Mailbag: Can I re...

Do you have a favorite movie villain? We talk about three classic roles and explain how they compare to the villains you may encounter in the financial world.   Read more and get additional financial resources here: http://petersonfg.com/facing-the-villains-in-the-financial-world/     What we discuss on this show: 1:37 - What is the Darth Vader in the financial world? 4:14 - The Wicked Witch of th...

How can the words of Winston Churchill help you in your financial life? We apply some of his quotes to your financial decisions in today’s podcast.   Read more and get additional financial resources here: http://petersonfg.com/financial-planning-lessons-from-winston-churchill/     What we discuss on the show:  1:14 - “We shape our dwellings and afterwards our dwellings shape us.” 2:57 - “We must b...

Why does Eric do what he does? What’s his history and what are his passions? Find out on today’s episode of the podcast.   Read more and get additional financial resources here: http://petersonfg.com/why-eric-loves-working-as-a-financial-advisor/     What we discuss on this show: 0:46 - Why does Eric do what he does? 1:19 - Who and what has shaped Eric’s view on wealth? 5:52 - What was the transit...