Allworth Financial‘s Money Matters

On this week’s Money Matters, Scott and Pat discuss the problems with using gold as a long-term investment.

Scott and Pat advise a Sacramento caller concerned about the taxes on an inherited property worth $130,000. A Colorado engineer asks if he should collect Social Security and continue to work. Scott and Pat speak with a caller who wants to invest in a commercial real estate investment trust. A mother asks how she should pass her house deed to her children in an estate plan. Finally, a retired police officer in California asks if she should move to a low-tax state.

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the unique financial planning challenges for married couples. They also break down the differences between Donald Trump's and Joe Biden’s tax proposals in an exclusive podcast segment.

Scott and Pat advise a Colorado man, with $2 million saved, about planning his retirement account distributions. A woman in California is trying to merge her vision of retirement with her husband's, who wants to continue working. Scott and Pat speak with a caller who is concerned about Social Security’s solvency. Finally, a recently laid-off husband, with $2.5 million saved, asks how he should take his pension.

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss methods to secure your financial future in an uncertain time.

Scott and Pat advise a Sacramento man who is considering a Roth conversion. A caller asks how he can help his parents who have a lapsed life insurance policy and are living on Social Security. A Denver caller has $3,000 per month to save and asks how he should allocate his money. Scott and Pat speak with a caller who is receiving some of his pay in restricted stock and wants to know how that compensation will impact his taxes. A caller with $1.7 million saved asks if he should lower his investment risk. Finally, a man in Northern California asks for some help with his plan to take Social Security.

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the pandemic’s impact on the future of Social Security, and what it could mean for your benefit.

Scott and Pat advise a man regarding how much he should save in his company’s stock. A newlywed beekeeper asks how he should plan for his wife’s disability coverage. A Michigan caller, with a $96,000 yearly family income, asks if he should save in a Roth IRA. Scott and Pat speak with a recently laid-off worker with $2.5 million saved who is planning for his Social Security benefits. Finally, a Sacramento caller asks if a fixed annuity will help diversify his savings.

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the ways this pandemic is changing real estate, long-term care, and the energy industry. They also review some estate planning strategies that could go away.

Scott and Pat advise a Northern California woman looking for the best way to use her $785,000 pension.  A caller asks if a collection agency can impact his ability to refinance a home. A postal worker in Manteca, California, asks what kind of mortgage she can afford. Finally, a government employee with a yearly family income of $210,000 asks if he should do a Roth conversion when he starts a new business.

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat discuss the reasons why they don’t believe in market timing and the issues surrounding the Paycheck Protection Program.

Scott and Pat advise a caller looking to pay down his $176,000 mortgage. A man with 30% of his savings in one investment fund asks if his strategy is sound. A single mother with $125,000 in student loans asks how she should pay down the debt. Finally, Scott and Pat advise a Colorado woman looking to take out a loan to make her home handicap accessible. 

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat take tough financial questions from callers and discuss the inherent conflicts associated with the commission-based advisor model.

 Scott and Pat advise a caller on taking advantage of the low interest rate environment to refinance a home and discuss whether it’s wise choice to roll credit card debt into the loan.  A Colorado caller asks Scott and Pat about savings bonds she’s managing as part of her late sister’s estate and questions the fee she pays for basic investment planning with another organization. A Chicago man wonders whether he should delay taking his benefit from the government-run Pension Benefit Guarantee Corporation - concerned with its long-term solvency.  A business owner asks about his commission-based financial advisor’s encouragement to bring on a variable life insurance plan. And, Scott and Pat speak with a retiree who questions whether to lean more toward index funds or individual stocks, discuss the risks of corporate bond ladders, and is advised on the benefits and risks associated with managing his own portfolio vs. working with a certified financial advisor.

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

Download and rate our podcast here.

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

On this week’s Money Matters, Scott and Pat discuss the value of a diversified and disciplined approach to investment planning and the potential impact of various pandemic relief programs on the economy.

Scott and Pat advise a collegebound caller on whether to purchase a home or wait. A woman asks about an unexpected phone bill that’s 12 years past due and how to handle a third-party debt collection agency. Scott and Pat discuss the pandemic relief programs and the latest public sentiment around organizations who’ve taken advantage of the Paycheck Protection Program. A caller wonders if it would be wise to pay off his mortgage by using his 401(k). Scott and Pat discuss the misconception of investment planning and answer a caller’s question about protecting clients’ “nest eggs” during down markets by expanding the conversation to the key elements of solid financial planning philosophy. 

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

Download and rate our podcast here.

On this week’s Money Matters, Scott and Pat talk with Allworth Financial’s CIO Andy Stout about what’s driving the markets despite uncharted economic headwinds and challenging headlines.

Scott and Pat advise a caller on next steps after experiencing significant financial theft by a family member. A new home buyer asks about options to cover his down payment and closing costs while waiting to sell his current home. An Arkansas man with a growing family asks about whether he should use his 401K or “Funny Money” for a down payment on a larger house and wonders if he should pull back on the amount he’s contributing to his 401K. Andy Stout, Allworth Financial Chief Investment Officer, joins Scott and Pat to talk about what’s driving the market recovery as we continue to face a pandemic, a recession, a cautious reopening of the economy, unemployment, and consumer uncertainty.

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

On this week’s Money Matters, Scott and Pat discuss this pandemic’s potential long-term impacts on real estate.

Scott and Pat advise a charitably inclined caller who wants to open a Donor Advised Fund. A mother asks if she should refinance her $175,000 mortgage. A caller who is concerned about inflation asks if he should buy physical gold. A Kentucky man asks how he should convert the $85,000 in a Canadian bank account into US dollars. Finally, a Sacramento man asks if his 75-year old neighbor should use a reverse mortgage.

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

Download and rate our podcast here.