Hanson McClain’s Money Matters

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Catching up on saving as an empty nester, and using a specific tax code to supplement income before 59 and a half.

On this week’s Hanson McClain’s Money Matters, Scott and Pat take a call from empty nesters who want to know if they should pay cash for a home or mortgage the home and invest the money, and when is a target date fund appropriate. Lastly, Scott and Pat welcome Hanson McClain’s, David Cox, an advisor with the company for over 20 years.

Scott and Pat take a call from a woman who wants to remodel her Tahoe cabin but is unsure of where to take the loan to do so. A retired state worker wants to know when he should put his $400,000 invested into a target date fund. A caller wants to know if she should buy a second home to offset her tax bill. Empty nesters want to know if they should buy a home cash or take a loan for tax purposes and invest the cash. A caller who will be retiring at the end of the month wants to know how the changes in tax law will affect her retirement portfolio. Lastly, Scott and Pat welcome HMA’s David Cox, an advisor with the company for over 20 years, who shares a story about using a specific tax code to supplement income before 59 and a half.

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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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.

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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