Hanson McClain’s Money Matters

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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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