Intermountain Health: Losing Pensions or Empowering Caregivers?
A generation ago, retirees didn’t have a lot of choice when it came to how they would structure their retirement income. They had Social Security, and their guaranteed monthly pension checks were provided by the employer they had dedicated thirty years of their lives to. In 1975, almost 80% of retirement income came from Social […]
Reduce Your Taxes Throughout Retirement with the Perennial Income Model™
How can any retiree make a good decision about reducing taxes in retirement, without first mapping out, and projecting a future income stream? The answer is. . . they can’t. All of us tend to be short-sighted when it comes to making tax-saving decisions. I say short-sighted because we focus on how we can save […]
One Tax-Saving Strategy Every Retired LDS Member Should Know
As members of The Church of Jesus Christ of Latter-day Saints, we are accustomed to paying tithing and making other charitable offerings. Our motive for these donations is certainly not for the tax benefit. But as wise stewards over the material blessings with which we have been blessed, we should do all we can to […]
The Retirement Income Challenge: Creating Security and Income for Retirement
Most of us sacrifice and save for four decades in preparation for what we hope will be a comfortable retirement. We are laser-focused during our working years on accumulating as much as possible, and by the time we retire, many of us have refined the art of wealth accumulation in our IRAs, 401(k)s, and a […]
The Best Way to Create a Retirement Income Plan
Scott Peterson was a guest writer on the popular White Coat Investor blog—a blog esteemed amongst physicians and other high-income professionals. Scott’s blog outlines our proprietary process for investing, The Perennial Income Model™. The article also presents a retirement income plan creation example of a couple who have accumulated $1 million for their retirement. Click […]
Reduce Your Taxes Throughout Retirement With the Perennial Income Model™
Taxes are one consistent expense that you will always pay. If taxes go up you can always complain. However, Scott Peterson lets you know how you can reduce your taxes in retirement with the Perennial Income Model™. Scott specifically covers three retirement account tax categories as well as three strategies to help reduce your taxes.
26 Best Ways to Combat Inflation
Scott Peterson shares inflation-fighting ideas retirees can take to save money, from investing strategies to income to travel, spending, and more. You may or may not already be using some of these inflation-fighting ideas. No matter the case there are plenty of ideas to get started on to help you save money.
Inflation 101: Understanding the ‘Why’ Behind Today’s Inflation
Prices for fuel, housing, food, and other necessities are continuing to rise. Inflation has soared recently and it is important to know why. Scott Peterson covers how supply and demand impact inflation, how long the high inflation rates will be with us, and what will not help inflation.
Preparing for, and Dealing with, Market Turbulence
Everyone who has invested has probably gone through market turbulence which can be frustrating. Hoping that your investments are always going to pay off can be dangerous with the markets not always playing out the way you want them. Scott Peterson writes about how to embrace the volatility, protect your gains, maintain flexibility, and why you should create a plan that has conservative projections.
The Perennial Income Model™ – Retirement Income “bad luck insurance policy”
The Perennial Income Model™ is a foundational layer of Peterson Wealth Advisors. Scott Peterson has found that the Perennial Income Model™ can provide you with a ‘bad luck insurance policy’, meaning that even if the market turns bad, your retirement income can be protected. Scott explains how this is possible and also briefly covers how to set yourself up for retirement success.