Today’s Prep:
Why does Eric do what he does? What’s his history and what are his passions? Find out on today’s episode of the podcast.
(Click the featured times below to jump forward in the episode)
Equipping Points:
When Eric first began to work as a financial advisor, what motivated him? Why does he have a passion for this profession? Who influenced him along the way? Eric shares a bit about his upbringing in today’s podcast to give the backstory of why he does this job that he loves.
Eric is quick to explain that he didn’t come from wealth. He went from being raised by a single mother to working in the Air Force to eventually pivoting to insurance and then financial advising. As he began talking to people nearing retirement he realized the value of holistic planning. He saw the impact he could make on people’s lives.
What does he love most about what he does? From perspective clients to long-standing clients, Eric enjoys hearing about their lives and how he can help them prepare for the future. With the right strategy implemented, many clients are still able to retire even in a tough financial year like 2020.
How do you get from where you are now to transitioning to retirement? Eric starts with a planning process. What are your risks? What are your taxes? What are your goals? Do those things align? Identifying the areas that may be problematic allows you to address them properly within your planning process.
Listen to the entire episode or click on the timestamps below to skip to a particular segment.
[0:46] – Why does Eric do what he does?
[1:19] – Who and what has shaped Eric’s view on wealth?
[5:52] – What was the transition from insurance to financial planning like?
[7:52] – What would Eric change about the industry?
Today’s Takeaway:
“When I come in and sit with a client or perspective client, I love hearing about their lives and finding out about how they got to where they are and how what we do can help them.“
-Eric Peterson
Related Resources:
What Goes Into a Customized Financial Plan?
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