Allworth Financial’s Money Matters

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Today’s IPOs are not like ones in the past.

On this week’s Allworth’s Money Matters, Scott and Pat discuss why companies like Uber and WeWork are going public, and what you should consider before investing.

Scott and Pat advise a federal employee about her investment allocation. A woman in Northern California wants to help her daughter attend a college that costs $43,000 per year. A Cincinnati man is considering selling $15,000 of Fifth Third Bank stock to contribute to 529 plans for his young children.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

When capital chases a product, prices increase.

On this week’s Allworth’s Money Matters, Scott and Pat discuss the economic forces that created the student debt crisis.

Scott and Pat speak with a California man who wants to give all of his assets to charity after his death. A woman owes $230,000 on a rental and wonders if she should sell the property. A long-time listener wants to reduce his investment risk as he nears retirement. Finally, a man holding $3.5 million in Proctor & Gamble stock asks Scott and Pat if he should diversify away from the company.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Advice for graduates and their parents

Graduation season is here! On this week’s special edition of Allworth’s Money Matters, Scott and Pat offer advice to graduates and their parents.

Scott and Pat take a call from a woman in Colorado who wants to know if she’s better off collecting Social Security based on her ex-husband’s record. Also, a Denver caller asks if her financial advisor is charging her a fair rate.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Bad investment products are sold, not bought.

On this week’s Allworth’s Money Matters, Scott and Pat discuss the sandwich generation’s difficult balance of saving for retirement versus helping their families.

Scott and Pat speak with a caller who is upset about paying an increased premium for her $50,000 universal life insurance policy. A Wisconsin man wants to keep his elderly parents from running out of money. A Sacramento caller is worried he may not have access to his money from an insurance policy. Scott and Pat advise a caller making $300,000 who’s worried he may lose his job. Finally, a Minnesota caller with $630,000 in savings checks in to see if he’s on the right track to retire well. 

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

The Hot Industries of Today Will Not Be Hot Tomorrow

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about how companies change within industries.

Scott and Pat speak with a caller about whether his wife can take her own Social Security benefit first and then switch to a spousal benefit when he retires. A caller wants to sell a rental property and do a tax-free exchange into an opportunity zone fund. A man from Sacramento wonders how fee-based advisors can recommend mutual funds if they don’t take commissions. A caller recently lost his mother and wants to know how he should handle the money that was not in his mother’s trust. Finally, Scott and Pat question how it’s possible that we are in a bull market, but public pensions are still woefully underfunded.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Help your grandchildren, but not at the expense of your retirement.

Celebrating Easter, this week’s Money Matters is a look back at some of the show’s most memorable calls. Scott and Pat also discuss how many grandparents are helping grandchildren at the expense of their retirements.

Scott and Pat speak with a woman who would like to rollover an annuity that she bought for her daughter. A caller wants to make her $750,000 IRA less risky. A man is concerned about the future of Social Security. Scott and Pat speak with a man trying to turn the sale of a $400,000 property into retirement income. Finally, a woman in California wants to leave a house to her daughters, one of which has cancer.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Stocks don’t know that you own them

On this week’s Money Matters, Scott and Pat discuss the wave of tech companies going public and introduce a new retirement frame of mind.

Scott and Pat speak with a caller who is worried about a diminishing pension and wants to cash out. A man in Northern California is facing an early retirement and asks what he can do with $463,000 in savings. A caller is selling a rental property worth $350,000 and wondering what his tax liability will be. Finally, Scott and Pat advise a Colorado man considering a $175,000 “air time” purchase for his pension. 

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

The Red Flags of Bad Investments

On this week’s Money Matters, Scott and Pat talk about the fundamental economic problem facing the legal marijuana market.

Scott and Pat speak with a man in South Carolina who wants to maximize his and his wife’s Social Security benefit. A couple had $2 million stolen by an advisor who billed himself as a fiduciary. They want recourse. A man with $8 million in savings is considering a Roth conversion. A New Jersey caller with $400,000 saved wants to know what accounts he should prioritize. Finally, a man in Elk Grove is worried about the stock market and wonders if his investments are allocated correctly.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Tax Season is Here

On this week’s Money Matters, Scott and Pat talk about some ways you can get ready for tax time, and the myth about filing an extension.

Scott and Pat talk to a man in Denver who wants to change his adjustable life insurance. A Colorado caller says his employer is phasing out his 401(k) and giving only one option. A woman asks how she should save for her children’s college education. A Sacramento man with $1.5 million saved and a $75,000 pension is concerned the market is overheating and considering municipal bonds. A financial advisor is selling a man with $2 million in savings a variable annuity.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.