Hanson Mcclain's Money Matters

On this week’s Money Matters, Scott and Pat discuss why Wells Fargo is offering financial advisors forgivable loans. They also talk about commissions in the financial services industry, and how those perks impact the type of service you receive. You can read the article that Scott and Pat discuss here. Scott and Pat advise a California government employee with $350,000 who wants to lower his future tax burden. A caller asks if solar panels are worth the cost. Scott and Pat speak with a man looking to dump his variable annuity. A grandfather asks how he can open a 529 plan. Finally, an 80-year old caller asks if she should invest in a Standard & Poor’s 500 index fund. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss a simple investment strategy that they use to protect retirement income. Scott and Pat advise a Sacramento woman looking to help her son invest in a non-deductible IRA. A caller asks how he should handle the company stock from an organization he recently left. A veteran asks how he can save money from Required Minimum Distributions for his wife. Scott and Pat speak with a woman who wants to buy a larger home for her retirement. Finally, a Cincinnati caller, who worked in the public and private sector, asks how she should plan for Social Security.  Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the challenge of finding your purpose after leaving a career. Scott and Pat advise a grandfather who wants to save for his grandchildren’s college expenses. A caller back in the states after living in Taiwan asks if she is on the path to a secure retirement. A Cincinnati man asks if he should pay down his $60,000 mortgage with the savings in his Roth 401(k). Finally, Scott and Pat speak with a woman who saved $1.6 million and is considering a Roth conversion. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the stock market’s continued rise, and why they’re paying close attention to company earnings. Scott and Pat advise a caller with $2.8 million in Apple stock who is considering using the money to pay down his mortgage. A man in Washington asks if he can write-off the costs of his home renovation on his taxes. Scott and Pat speak with a man in Roseville who wants to join an online stock trading group. Finally, a caller in Southern California asks if he should take out a loan to purchase a $35,000 muscle car. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.   Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the reasons why some advisors target aging Americans to buy unnecessary financial products.  Scott and Pat advise a man in Somerset who is helping his mother protect the proceeds from her home sale. A man in Northern California asks how he should plan for his Social Security benefit. A caller asks how she can determine the value of a property’s mineral rights. Finally, a man who saved $500,000 asks if he should sell his rental to pay off his primary mortgage. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the allegations surrounding a well-known financial advisor who called himself a fiduciary and potentially hid his conflicts of interest. They also talk about the SECURE Act’s passage and what it means for your retirement. Scott and Pat advise a mother trying to save $100,000 for her children’s college education. A caller asks if he can cash out his pension early. Finally, a New Jersey business owner asks if he should prioritize saving in a traditional or Roth 401(K). Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.  Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the steps that you need to take to become financially independent. Scott and Pat advise a woman, with $400,000 in taxable accounts, who is considering opening a 401(k). A man in Northern California making $400,000, with $600,000 saved, asks what he needs to do to have a comfortable retirement. Finally, an Atlanta caller asks if he should prioritize his Roth or traditional accounts. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat provide examples of how you can improve your finances in 2020. Scott and Pat advise a Bay Area woman considering her Social Security options as a non-working spouse. A caller asks if she can roll her 401(k) into a Roth account. A man in Indiana with $44,000 in debt asks how he should prioritize his payments. A man with $200,000 in family income asks where he should save more. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss why $1.8 billion may disappear in a private placement investment. Scott and Pat advise a caller with $360,000 in his IRAs who’s considering a Roth conversion. A 68-year-old woman asks if she should continue delaying her Social Security benefit. A retired Navy veteran asks where he should prioritize his saving. Scott and Pat speak with a man who saved $1.5 million and is concerned that he missed the Roth conversion window. Finally, a Vermont caller asks if his Social Security benefit will be “means-tested.” Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here. 

On this week’s Money Matters, Michael Mouriski, CPA and Vice President of Tax Solutions at Allworth Financial, joins Scott and Pat to discuss tax planning strategies for the end of the year. Scott and Pat advise a Colorado caller looking to consolidate his four investment accounts. Also, a retiree in Lodi asks if he should pay down the mortgages on his rental properties with some of the $750,000 saved in his IRA. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.  Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the importance of having difficult financial conversations. They also talk about your options with a Thrift Savings Plan in a podcast exclusive segment. Scott and Pat advise a caller in Northern California, with $1.6 million saved who wants to know where to place her RMD. A man planning for Social Security asks if his calculation is accurate. A 26-year-old caller in South Dakota wants to establish credit but doesn’t know how. Finally, a Sacramento man facing a civil lawsuit asks how he can protect his assets. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.  Download and rate our podcast here.

On this week’s Money Matters, Pat and Allworth advisor David Schauer discuss why high earners should take Social Security sooner rather than later. In a podcast exclusive segment, they discuss how your risk tolerance can change your investment strategy. Pat and David advise a janitor who saved $460,000 and wants to gift all of his assets to charity. A Nevada man asks if he should take a higher distribution from his investments. A caller with $2 million asks if his investments can generate more income. Pat and David advise a Denver man looking for a safe, short-term investment. Finally, a woman expecting $150,000 asks how she should invest. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.  Download and rate our podcast here.

On this week’s Allworth’s Money Matters, Pat and Allworth advisor David Schauer discuss how you can use bonds in a low interest rate environment. Pat and David advise a California woman who gained $1 million from a home sale. A government worker, who owes $316,000 on a mortgage and student loans, asks if he should prioritize his debt or retirement savings. A man with $200,000 in family income asks if he should fund a new IRA. Pat and David advise a property owner trying to defer his capital gains taxes. Finally, a caller asks if he should buy more bonds.  Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Allworth’s Money Matters, Pat and Allworth advisor David Schauer discuss the mechanics of indexed annuities, and why the broken promises of one insurance company led to a significant lawsuit. Pat and David advise a California woman looking to leave her IRA savings to her loved ones. A man who owes $212,000 on his house asks if he should prioritize his mortgage or retirement saving. Pat and David speak with a San Antonio caller who is concerned about China’s impact on his investments. Finally, a man making $160,000 a year asks how he should maximize his savings. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

On this week’s Allworth’s Money Matters, Scott and Pat discuss how you can create a disciplined investment strategy. Scott and Pat advise a Denver man trying to save more and pay down a $450,000 mortgage. A caller is taking a $540,000 inherited IRA through probate. A man who has improved his credit score wants to know if he should refinance his mortgage. A California woman is expecting $1 million from a home sale and, having been burned by a financial advisor before, wonders how and where she should invest. A caller nearing retirement asks if there is a way around the Windfall Elimination Provision. Finally, a woman within six months of retirement asks how she should prepare. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

On this week’s Allworth’s Money Matters, Scott and Pat discuss how a $1.3 billion Ponzi scheme ensnared many retail investors. Scott and Pat advise a Georgia woman trying to lower taxes on her $900,000 IRA. A concerned man asks if his bank can seize his savings. A pensioner is deciding between a $1.4 million lump sum or $8,000 monthly payout. Scott and Pat advise a New Jersey caller who wants to leave a $100,000 perpetuity for his favorite charity. Finally, a Denver man asks if a traditional or hybrid long-term care insurance policy is better for him.  Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.  

On this week’s Allworth’s Money Matters, Scott and Pat discuss The We Company’s IPO failure, and why huge investments aren’t always intelligent ones. Scott and Pat advise a California man who purchased a $300,000 annuity and is considering purchasing another. A caller who saved $2.8 million asks if he’s following the correct Social Security claiming strategy. A woman who quit her corporate job to become a farmer is deciding how to take a $125,000 pension. Finally, a caller with half of her money in cash and half in Johnson & Johnson stock asks if she should allocate differently. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

On this week’s Allworth’s Money Matters, Scott and Pat discuss the rising length of auto loans, and what it means for you. Scott and Pat speak with a caller concerned about meeting her Required Minimum Distributions from different retirement accounts. A saver with $500,000 asks if an annuity is right for him. Scott and Pat advise a pastor looking to lower his taxes. A retired dog walker, who saved $2.2 million, asks if a Roth conversion is right for him. Finally, a man closing in on retirement wants to know if he will be able to live comfortably. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

On this week’s Allworth’s Money Matters, Scott and Pat discuss how you can potentially save on your current mortgage, and General Electric’s pension woes.   Scott and Pat advise a caller with a $1.5 million home who’s considering using its equity. A Colorado man asks if he should consolidate his credit card debt with his mortgage. A caller going through a job change asks how he should roll over his investments. Finally, Scott and Pat speak with a man expecting a $600,000 inheritance who is looking to grow and protect the money. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

On this week’s Allworth’s Money Matters, Scott and Pat discuss the potential break-up of big technology companies, including Facebook, Google, and Amazon. Scott and Pat speak with a caller looking to protect an injury settlement from her $66,000 tax debt. A real estate investor asks if he should sell a $350,000 rental property. A man in his 80’s, with $200,000 in student loans, asks if he should pay off the balance. Finally, Scott and Pat advise a widow who wants to collect Social Security and go back to work. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.