Retirement Ready

Nov 07 2024 299 ep. 12 mins 6

Retirement Ready Podcast artwork

Financial and retirement planning guidance from Des Moines' Eric Peterson of Peterson Financial Group.

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What Is Lazy Money?

Nov 07 2024 11 mins

What is lazy money and why do you want to not have too much of it in your retirement portfolio? Simply put, lazy money is money that isn’t growing as much as it could be. Having your money grow and work for you is a key part of building a solid portfolio, so Eric breaks down some strategies to help get the most out of your money in this episode. Here’s some of what we discuss i

Retirement Planning Today Is Harder Than It Used To Be

Oct 31 2024 12 mins

Retirement planning simply isn’t the same as it used to be. From changes in life expectancy, the lack of pensions, and getting caught in the sandwich generation, there’s a lot to keep in mind when putting together your financial plan. Instead of taking advice from others who may have retired in a different era, it’s important to understand what strategy is right for you. H

Social Security Variables That Impact Your Claiming Strategy

Oct 24 2024 8 mins

After so many years of paying into Social Security, you might feel ready to reap the benefits. But before you get too eager, it’s best to have a thorough understanding of the different variables and how to best leverage them. On today’s podcast, Eric emphasizes the need for a comprehensive strategy and personalized plan. Here’s some of what we discuss in this episode: The dif

Retirement Real Estate Decisions: Downsizing, Snowbirding, and More

Oct 17 2024 11 mins

One of the key discussions you may have in retirement is what to do about the house. Should you downsize your home? Pay it off early? Buy a vacation home and become a snow bird? Eric emphasizes the importance of considering not just the financial implications but also the lifestyle changes each of these decisions entail. Weighing out the pros and cons of each decision can highlight

Healthcare in Retirement

Oct 10 2024 12 mins

One major (yet often overlooked!) expense in retirement is healthcare. Especially if you are retiring early, healthcare can be a huge expense as you bridge the gap between your working years and when eligible for Medicare. Not only will you have an increased monthly cost, but you may need to budget for additional medical costs as time goes on or even long-term care needs. In today�

Family Matters When It Comes to Finances

Oct 03 2024 12 mins

Your money and your nest egg have a direct effect on so much of your life, especially those you hold dear. Today we talk about what happens in a family, particularly when someone has passed away, and the financial impact that can have. Losing a spouse is an emotionally devastating experience, and amidst the grief, the financial implications can add another layer of stress. Here�

Water Wheels and Retirement Planning

Sep 26 2024 11 mins

Have you ever wondered how a water wheel can relate to your retirement planning? It might seem like an odd comparison, but in today’s podcast, Eric breaks down this fascinating analogy and its significance in maintaining a stable financial future. Here’s some of what we discuss in this episode: The driving force behind your lifestyle in retirement. Diversifying income streams

Most Common Retirement Planning Mistakes

Sep 19 2024 11 mins

We all make mistakes from time to time. But what if your financial mistakes could be avoided with just a little insight? Eric shares some of the most common retirement planning mistakes people are prone to make and what you can do to save yourself from heartache. Here’s some of what we discuss in this episode: Understanding tax implications. Timing your Social Security benefits

Common Complaints About Financial Planning

Sep 12 2024 12 mins

When it comes to planning for retirement, the relationship you have with your financial advisor is crucial. Many people express common complaints about their financial advisors, from taking on too much risk to paying high fees or a lack of communication. In today’s podcast, Eric sheds light on these concerns and offers valuable insights to help you navigate your financial journey

Navigating Spousal Disagreements in Retirement Planning

Sep 05 2024 13 mins

Inside a marriage, retirement planning is a journey that ideally involves both partners working together towards a common goal. However, as with any significant life decision, disagreements can arise. Eric sheds light on some of the most common spousal disagreements regarding retirement and offers practical advice on how to navigate them. Here’s some of what we discuss in this