Hanson McClain’s Money Matters

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An investment philosophy is half the equation.

On this week’s Money Matters, Scott and Pat talk about the pension trouble facing government entities and companies like Pacific Gas and Electric. They also discuss the danger of using a retirement strategy based on just a few assumptions.

Scott and Pat take a call from a mother whose daughter has cancer and a lot of debt. She wants to know how to financially protect the grandchildren without the creditors taking the assets. A caller in Minnesota asks if an immediate annuity makes sense for his elderly mother. A retiree asks about Social Security’s windfall provision. A caller with $1.3 million wants protection from outliving his money.  

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

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Investing Doesn’t Need to be Complicated

On this week’s Money Matters, Scott and Pat talk about the simple moves that you can make to improve your financial footing in 2019.

Scott and Pat take a call from a California man who wants to sell his property for $250,000 and buy an out-of-state apartment complex. A 33-year old woman in Missouri wants a better way for her self-employed husband to save for retirement. A man in Northern California had a friend tell him that he made a 30% return investing in real estate and wants to know if he should get in. A 70-year-old man has all of his savings in stock and an advisor pitching him an annuity.

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

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Investing in Yourself is Saving

Rounding out the year, this week’s Money Matters is a look back at more of the most memorable calls from 2018. Scott and Pat also talk about some money moves that you can make to kick off 2019.

Scott and Pat take a call from an engineer who wants to leave money for his children. A woman in her 40’s wants to save for retirement, help her son pay for college, and start a new career. A caller wants to help his elderly mother invest in the stock market. A mother is planning to change jobs and wants to help her son pay for college. A son got his now-deceased grandmother to co-sign a student loan, and the father is concerned about the estate. Finally, Scott and Pat advise a retiree who wants to ensure her pension will also help her husband.

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

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Giving is a healthy discipline for your finances.

On this week’s Hanson McClain’s Money Matters, Scott and Pat lay out the tax-smart strategies for charitable giving during the holiday season or any time of the year.

Scott and Pat take a call from a husband who wants to contribute to his wife’s IRA. A father gets advice for his daughter and her husband to save for the future while the couple lives in San Francisco. A 66-year-old man is having trouble with the market’s ups-and-downs. A self-employed couple making a combined $70,000 per year want to get started saving for retirement. A woman in her 30s wants to know what Scott and Pat think of the FIRE movement; “Financial Independence, Retire Early.”

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

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Thanksgiving Best of Show

In celebration of Thanksgiving, this week’s Hanson McClain’s Money Matters radio show is a best of show with the top calls from the year.

Scott and Pat take a call from a man who has Parkinson’s and wants to know how he should invest his retirement savings. A woman wants to know if she and her husband should start taking withdrawals from their IRA. A caller wants to know if she should pay off her rental properties with her 401(k). A man is calling on behalf of his wife who has been let go from her company after over 30 years of service and is unsure of what to do next. A caller has a military pension, and he wants to know if his retirement plan is on track. Finally, Scott and Pat discuss a voicemail from an annuity wholesaler.

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

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Baby Boomers are Unretiring

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss why more retirees are heading back into the workforce, and the upside of fewer pensions.

Scott and Pat encourage a caller to stop considering her vacation property a fantastic investment. A retired military officer with an extra $3,000 in monthly income wants investment advice. A man moving to Mexico with his wife wants to avoid taxes when he sells his American condo. A caller with $50,000 in credit card debt wants to know how to handle his debt and pension.

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

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