Allworth Financial’s Money Matters

Allworth Financial’s Money Matters header image 1

The problem with marijuana stocks.

On this week’s Money Matters, Scott and Pat talk about why marijuana companies may not be a great investment opportunity, as well as the importance of a personalized Social Security strategy.

An Alabama caller with $1.2 million in savings is considering long-term care insurance. A man in Northern California asks when he and his wife should take Social Security. A woman in Nashville wants to help her son, who is refusing to save for retirement. A 45-year-old man asks if he actually needs an advisor. Finally, a caller saving $23,500 a year asks if he can retire by age 50.

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

Inflation can be your greatest danger in retirement.

On this week’s Money Matters, Scott and Pat talk about the market’s recent upswing, and why your investing emotions and investing actions should be two separate things.

Scott and Pat talk to a man in his 30s who wants to improve his retirement savings. A caller has $44,000 cash in a universal life policy and asks if she should surrender the insurance. A California man has a $175,000 boat loan in addition to a big mortgage on a rental property. He wants to know what he should pay off first. Finally, a caller with $1.2 million in a Thrift Savings Plan asks if there's a better place for her money.

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

Insurance companies are in the same market as you.

On this week’s Money Matters, Scott and Pat talk about the resurgence of unconventional mortgages, or “liar loans.” Scott and Pat also have an exciting announcement about Hanson McClain Advisors.

Scott and Pat take a call from a woman trying to leverage her house to buy more property. A man wants to close his deceased sister’s IRA. A caller in Northern California bought an index annuity with all of the money in his Thrift Savings Plan and regrets his decision. Finally, a 44-year-old woman has $100,000 saved from an insurance payout after her husband passed and wants to help her children. 

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

Revenue sharing can change your advisor’s view.

Scott and Pat talk about how a seemingly small change in fees can cloud your advisor’s view, and the current state of the market.

A caller anticipating a $200,000 inheritance asks if he should use the money to pay down a mortgage. A man in his 30s is expecting a baby and wants to make up for a late start saving. A caller with a $60,000 home equity loan asks if he can use it to save on taxes. Finally, a salesman is pitching a Sacramento woman a costly life insurance policy that she doesn’t need.

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