Hanson McClain’s Money Matters

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Amazon’s current pricing strategy, and what to do with inherited stock.

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss Amazon’s current pricing strategy, what to do with inherited stock, and how to protect yourself from a market pull back.

 

Scott and Pat take a call from a couple who wants to know how much money they should have in an emergency fund. An 83-year-old caller who wants to affirm that he is in good shape financially and determine if the $300,000 he has the bank should be invested elsewhere. A caller wants to know if his son should take out a student loan for medical school or if he should take out a home equity line of credit to pay for his sons schooling. Lastly, a caller inherited common stock all in one company and is unsure of whether to hold onto the stock or sell it.

 

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

 

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Making a balloon payment on a piece of property and why your pension is not guaranteed.

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss a caller’s balloon payment due on a piece of property and how to make the payment, why your pension may not be guaranteed, and when a reverse mortgage makes sense.

 

Scott and Pat take a call from a couple who are great savers and want to know what the contribution limit is on their retirement accounts. The next caller wants to find out if he can borrow money out of his 401K to pay off a balloon payment on second property. A couple in their late 20’s is looking for advice on where to invest their money. A 75-year-old caller wants to know if he should sell his rental properties and draw from the profits for his monthly income to simplify his life. A caller and his wife inherited $90,000, and they need help deciding if they should pay off their mortgage. Lastly, a caller is wondering if she should sell her home and rent to help improve her standard of living.

 

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

 

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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A Financial Scam That Would Make Charles Ponzi Proud and What You Need to Know About Buying Mutual Funds

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss a financial scam that would make Charles Ponzi proud, what investors need to watch out for when buying mutual funds that contain bonds and have high yields, when to take social security, and whether or not continuing an interest only home loan is a good idea.

Scott and Pat take a call from a man who is recently divorced and wants to know if he should continue his interest only home mortgage and max out his defined benefit plan or reduce his contributions and go with a 30-year fixed mortgage. A caller wants to know when he should take his social security benefits. A caller who is considering investing in initial coin offerings. Lastly, a caller wants to know how much long-term care insurance he needs for him and his wife.

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The Importance of Financial Education and How to Contribute Up to $20,000 a Year to a Roth IRA Legally

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss the importance of financial education, how to contribute up to $20,000 a year in a Roth IRA legally, how to know if you need to update your trust, and what planning you need to do if you want to retire out of state.

Scott and Pat take a call from a woman who wants to know how to plan for her and husbands retirement out of state. A caller wants to know if she needs to redo her 16-year-old trust. A couple with no children wants to know if they should purchase life insurance or rely on their $1 million in retirement savings. Lastly, Scott and Pat welcome Hanson McClain Chief Investment Officer, David Schauer, who discusses how to contribute up to $20,000 a year in a Roth IRA legally.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics

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California Wildfires, Real Estate, and Investment Scams

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss how the California wildfires might impact your portfolio, the role that real estate should play in your retirement planning, and how the lowering of the accredited financial standard has provided an opportunity for investment scams on social media.

Scott and Pat take a call from a savvy investor who wants to know if he should take a lump sum from his retirement plan or chose the annuity. An 85 year-old who is stilling working and has $140,000 to invest from the sale of a home wants to know if he should invest in gold. A couple in their mid-50s are wondering how much real-estate they should have in their retirement portfolio. And a caller who wants to know if he should start contributing to a Roth IRA instead of a 401(k).

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Scott and Pat discuss lump sum pension payouts, large amounts of money flooding into the marijuana industry, and stock market risk exposure.

Scott and Pat take a call from a teacher who sold a home and wants to know what she should do with an extra $40,000. A self-employed individual found he had $10,000 in an old IRA and wants to invest it in the marijuana industry. A 57-year old lost his retirement in a contentious divorce and is worried about the future. A call about debt management is followed by a visit from Hanson McClain’s Steve Burnett, president of the firm and a 20-year team member, who shares a complex client story about a pensioner with a difficult healthcare problem.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Scott and Pat welcome Hall of Fame running back, Terrell Davis.

On this week’s Hanson McClain’s Money Matters: Scott and Pat welcome Hall of Fame running back, Terrell Davis, who discusses his career arc, from football superstar to retirement success story.

Scott and Pat take a call from a son whose elderly mother has a complex Social Security problem. A caller with limited resources desperately wants to start saving for a new home. Next, a savvy investor wants information on limiting taxes on the sale of a valuable residence. Lastly, Scott and Pat welcome special guest, Hall of Fame running back Terrell Davis, who discusses his career-ending knee injury and the long process of adapting to life after football.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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September 30th, 2017 edition of Hanson McClain’s Money Matters

On this week’s Hanson McClain’s Money Matters: Scott and Pat speak with an active service soldier who wants to finance a home purchase, followed by a discussion about building a portfolio strictly for the purpose of generating income.

 

On the September 30th, 2017 edition of Hanson McClain’s Money Matters, a caller with healthcare bills and ample home equity needs advice on getting a loan. Next, a career military serviceman has saved a lot of money, and wants to retire and buy a house. At the 27:06 mark, a savvy investor wants help choosing between individual equities and index funds. Finally, Scott and Pat welcome HMA’s Patrick Henry, who shares a client pension story.

 

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

 

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Crypto-Currencies and the Tax Burden of Downsizing an Expensive Home

We’ve all heard of “crypto-currencies” such as Bitcoin, but will they endure and are they safe investments? Earlier, a call from someone who made a killing on a home purchase in the Bay Area: Should she sell and what are the tax implications? A call from a pensioner with an ample nest egg and a good-sized mortgage. Then, the ins and outs of setting up a retirement fund for a two-year-old.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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Risks of Angel Investing, and an Asset Allocation Appraisal for a Savvy Private Investor

On This Week’s Hanson McClain’s Money Matters, the Risks of Angel Investing, and an Asset Allocation Appraisal for a Savvy Private Investor.

Scott and Pat take a call from a wealthy Bay Area angel investor: What is it, and what are the risks and tax implications? This is followed by a caller who wants to know if it’s legal to claim residency in a state with no-income tax if you only live there part-time. Later, a caller who invested a huge chunk of money in precious metals, and then bought an inflexible annuity. The show concludes with HMA’s Laurie Kyro, who stops by to discuss estate planning.

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.

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