Player FM - Internet Radio Done Right
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Το περιεχόμενο παρέχεται από το Eric Peterson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Eric Peterson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
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Retirement Ready
Σήμανση όλων ότι έχουν ή δεν έχουν αναπαραχθεί ...
Manage series 2401637
Το περιεχόμενο παρέχεται από το Eric Peterson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Eric Peterson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Financial and retirement planning guidance from Des Moines’ Eric Peterson of Peterson Financial Group.
…
continue reading
301 επεισόδια
Σήμανση όλων ότι έχουν ή δεν έχουν αναπαραχθεί ...
Manage series 2401637
Το περιεχόμενο παρέχεται από το Eric Peterson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Eric Peterson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Financial and retirement planning guidance from Des Moines’ Eric Peterson of Peterson Financial Group.
…
continue reading
301 επεισόδια
Όλα τα επεισόδια
×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/…
As technology keeps advancing, it’s made our lives easier in so many ways. Tasks that used to need outside help can now be done on our own with just a few clicks. This shift has also brought more accessible online financial tools, but how accurate and helpful are they really? Here’s some of what we discuss in this episode: The risks that come with sponsored ads on Google. How robo-advisors take the emotion out of investing. How useful are online “retirement calculators?” Different uses for technology in the accumulation phase vs. the distribution phase. Get in touch with the Peterson Financial team: https://petersonfg.com/…
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