Most Common Retirement Planning Mistakes

Equipping Points:

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.

Whether you’re just starting to plan for retirement or looking to fine-tune your existing strategy, today’s podcast is full of valuable insights to help you achieve your financial goals. Working with a financial advisor to help you navigate these financial decisions and stay on track can help you stay focused and consistent along the way.

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

  • Understanding tax implications.
  • Timing your Social Security benefits wisely.
  • Focusing on income instead of returns.
  • Balancing aggressiveness and conservative investing.

If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here. 

 

Today’s Takeaway:

More From Eric:

The host: Eric Peterson - Contact - Call: (515) 226-1500

Subscribe To The Podcast:

Apple Podcasts  -  Google Podcasts  -  Spotify  -  Stitcher  -  iHeartRadio  -  TuneIn

Check out some other recent episodes

Wizard of Oz Lessons for Retirement Planning

December 11, 2025

Your retirement journey has more in common with The Wizard of Oz than you might think. In

Read More

Money Mistakes You Only Make Once

December 4, 2025

Eric explores common money mistakes people often make when planning for retirement, and scenarios that could cost you in the long run. The discussion also covers critical considerations around long-term care and how to avoid financial setbacks. Tune in to learn what you can do now to steer clear of these all-too-common errors and set yourself up for a worry-free retirement.

Read More

The Friendly Skies of Retirement Planning

November 26, 2025

What do flight plans and retirement strategies have in common? In today’s episode, Eric draws an analogy between pilot-ing a plane and navigating retirement.

Read More

Tough Conversations: Facing Life’s Hardest Financial Moments

November 20, 2025

It’s time to get comfortable with the uncomfortable.

Read More

Financial Lessons from Aesop’s Fables

November 13, 2025

Think fairy tales are just for kids? Think again. The secrets to lasting wealth may be hiding in stories you heard at bedtime.

Read More

Periodic Reviews: Tailoring Financial Advice to your Personality

November 6, 2025

Ever wondered if your financial review truly reflects who you are and what matters most to you?

Read More

Bad Investor Habits to Break Now

October 30, 2025

Today, Eric breaks down the habits that can turn good intentions into bad investing outcomes.

Read More

Your First Year of Retirement: Don’t Screw It Up

October 23, 2025

Today, Eric shares the do’s and don’ts of entering retirement and explains why the first year is one of the most critical times in your financial life.

Read More

Debunking Retirement Myths: Smarter Strategies for Your Future

October 16, 2025

Eric breaks down some of the most common misconceptions about retirement planning and reveals what it really takes to build lasting financial confidence.

Read More

Mailbag: Life Insurance, Housing Decisions & Handling Extra Income

October 9, 2025

When it comes to retirement, every financial decision counts- but some are more complicated than others. In this episode, Eric tackles listener questions about three real-life retirement scenarios.

Read More

Leave a Comment