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 what is right for you (which isn’t always the same as what your neighbor is doing).

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

• Whether or not to downsize.
• Considering the interest rates.
• Wondering about paying off the house.
• Springing for a vacation home.

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

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’s episode, Eric will give us an inside look at the healthcare-related items you need to think about as you approach your retirement years.

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

• How Medicare fits in your retirement plan.
• What happens if you retire early?
• Dealing with unexpected medical expenses.
• Planning for long-term care needs.

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

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’s some of what we discuss in this episode:

• Overcoming the most significant financial challenge after the loss of a spouse.
• Understanding the tax implications.
• Why estate planning is so vital.
• What a balanced financial strategy looks like.

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