Long before you leave the workforce talk with your partner about what each of you wants to do where to live and what to spend in retirement In today's video Peter with Richon Planning and Erin Kennedy take a closer look at the topics that successful couples asked one another in order to become successful and happy retirees First discuss retirement expectations long before you retire Here are some suggested questions to get the ball rolling How will you spend time together What will you do together What will you do separately How much money will you have saved for [... more]

There are many reasons people put off saving for retirement it's hard to imagine your life or years into the future But there are also many reasons to start saving as soon as possible So what are the five steps young investors can take today Peter at RichonPlanning breaks it down with Erin Kennedy Track Your Budget it's important to know what's coming in and what's going out before you make any financial decisions Set Aside Money for Big Expenses would you like to save for a down payment A wedding A nice vacation Open a Roth account you'll probably [... more]

Only one third of retirees are comfortable spending their retirement money Most would rather live off Social Security pensions or income from part-time work rather than spend down their nest egg It is a delicate balance in retirement you don't want to compromise your quality of life but neither do you want to run out of money Peter with Richon Planning specializes in helping people change their mindset in retirement He explains his action plan to Erin Kennedy Create a Spending Plan Assess Fixed Income Sources Bridge the Retirment Gap A holistic financial plan will include sustainable income sources that [... more]

What do you envision your average day in retirement to consist of This is one of the many questions you need to answer before retirement Tune into Peter Richon's new show this week to answer this question [... more]