Retirement is closer than you think, but are you ready? With a staggering number of people lacking confidence in their retirement savings, Eric shares the misconceptions people have and what mistakes can derail someone’s financial future. Many people feel inadequate when it comes to what they have saved in their nest egg, uninformed about the pitfalls of target date funds, and unprepared about the reality of leaving the workforce earlier than expected.

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

• 76 percent of Baby Boomers say they are not confident they have saved enough.
• 30 percent of workers say they don't know what to do with their 401(k).
• 46 percent ​of ​workers ​leave ​the ​workforce ​earlier ​than ​they ​planned.
• Only 24 percent of retirees work with a financial advisor of some sort.

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

Navigating life's financial crossroads can be tricky, especially when it involves your financial future. In this episode of Retirement Ready, Eric addresses these complex issues head-on. How do you best evaluate your broker and your investment performance against the S&P 500? Eric says a lot of that comes down to setting expectations and understanding the risks. Then, Holly wants to know what to consider before making a midlife career change.

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

• Mailbag: Do I need to fire my broker?
• Mailbag: What to consider about switching careers in your mid-fifties.
• Mailbag: How to support adult children living at home.

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

We are all guilty of procrastinating from time to time. Financially speaking, though, this can get you into a lot of trouble. Let’s talk about the areas where it might feel better to kick the can down the road.

Ultimately, it’s best to get things taken care of sooner, rather than later. Dealing with financial stuff or tightening up the budget might not sound appealing at first, but doesn’t have to stress you out. Sometimes worrying about it is worse than it really is.

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

• Talk with your parents about financials as they age.
• Is retirement planning harder today than it used to be?
• You might find financial information overload online that’s actually entertainment.
• Sometimes dealing with financial stuff stresses people out.

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