Allworth Financial’s Money Matters

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Investing Doesn’t Need to be Complicated

On this week’s Money Matters, Scott and Pat talk about the simple moves that you can make to improve your financial footing in 2019.

Scott and Pat take a call from a California man who wants to sell his property for $250,000 and buy an out-of-state apartment complex. A 33-year old woman in Missouri wants a better way for her self-employed husband to save for retirement. A man in Northern California had a friend tell him that he made a 30% return investing in real estate and wants to know if he should get in. A 70-year-old man has all of his savings in stock and an advisor pitching him an annuity.

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

Investing in Yourself is Saving

Rounding out the year, this week’s Money Matters is a look back at more of the most memorable calls from 2018. Scott and Pat also talk about some money moves that you can make to kick off 2019.

Scott and Pat take a call from an engineer who wants to leave money for his children. A woman in her 40’s wants to save for retirement, help her son pay for college, and start a new career. A caller wants to help his elderly mother invest in the stock market. A mother is planning to change jobs and wants to help her son pay for college. A son got his now-deceased grandmother to co-sign a student loan, and the father is concerned about the estate. Finally, Scott and Pat advise a retiree who wants to ensure her pension will also help her husband.

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

Happy Holidays – Best of Show

Celebrating the Holidays, this week’s Money Matters is a look back at some of the most memorable calls from 2018.

Scott and Pat talk to a charitably-inclined caller who wants to give stock to a non-profit. A man wants to know if it’s a good idea to “invest” in cryptocurrencies and precious metals. A retiree with an $80,000 yearly pension is concerned about Social Security’s future. One of the show’s youngest callers gets help deciding where to go to college. A man suspects his current advisor is not a real fiduciary after being put in high-fee mutual funds. Finally, Scott and Pat help a divorced veteran who wants to save for retirement and his daughter’s college education.

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

Hope is Not an Investment Strategy

On this week’s Hanson McClain’s Money Matters, Scott and Pat look back on the cryptocurrency boom and bust, and why the values of long-term investing are best learned through experience.

Scott and Pat take a call from a man in Denver who wants to know if he should take his mortgage into retirement. A woman in Colorado put $260,000 of her inheritance in expensive annuities and is worried about the stock market’s ups-and-downs. A man in the Bay Area considers renting his $1.5 million house through retirement. Finally, Scott and Pat take a call from state employee in Roseville who is concerned about the future of California’s state pension.

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

Giving is a healthy discipline for your finances.

On this week’s Hanson McClain’s Money Matters, Scott and Pat lay out the tax-smart strategies for charitable giving during the holiday season or any time of the year.

Scott and Pat take a call from a husband who wants to contribute to his wife’s IRA. A father gets advice for his daughter and her husband to save for the future while the couple lives in San Francisco. A 66-year-old man is having trouble with the market’s ups-and-downs. A self-employed couple making a combined $70,000 per year want to get started saving for retirement. A woman in her 30s wants to know what Scott and Pat think of the FIRE movement; “Financial Independence, Retire Early.”

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

Don’t confuse the broad stock market with one company.

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about client reactions to the current market and the meaning of diversification.

Scott and Pat take a call from a man who wants to sell his rental property to pay off a mortgage. A 63-year old caller with $63,000 in debt learns he’s a long way from retirement. A woman wants to know exactly how much she’s paying her advisor. A 30-year-old making $105,000 a year asks if he’s on track for a secure and sustainable retirement.

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

Thanksgiving Best of Show

In celebration of Thanksgiving, this week’s Hanson McClain’s Money Matters radio show is a best of show with the top calls from the year.

Scott and Pat take a call from a man who has Parkinson’s and wants to know how he should invest his retirement savings. A woman wants to know if she and her husband should start taking withdrawals from their IRA. A caller wants to know if she should pay off her rental properties with her 401(k). A man is calling on behalf of his wife who has been let go from her company after over 30 years of service and is unsure of what to do next. A caller has a military pension, and he wants to know if his retirement plan is on track. Finally, Scott and Pat discuss a voicemail from an annuity wholesaler.

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

Baby Boomers are Unretiring

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss why more retirees are heading back into the workforce, and the upside of fewer pensions.

Scott and Pat encourage a caller to stop considering her vacation property a fantastic investment. A retired military officer with an extra $3,000 in monthly income wants investment advice. A man moving to Mexico with his wife wants to avoid taxes when he sells his American condo. A caller with $50,000 in credit card debt wants to know how to handle his debt and pension.

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

The Problem with Investing in Timber

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about the problem with timber as an investment and the importance of diversification.

Scott and Pat take a call from a man who wants to know if he should take his pension as a lump sum or as a monthly annuity. A caller has a mortgage of $500,000 and wants to know if she should use her 403(b) to pay it down. A 50-year-old police officer would like to retire and wants to know if he should use his retirement savings to pay off his mortgage. A caller lost his wife and needs advice on what to do with the proceeds from a life insurance policy.

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

FANG Stocks and the Importance of Diversification

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about how the FANG stocks (Facebook, Apple, Netflix, and Google) have been carrying the market and how the bond market is responding. They also touch on the importance of diversification.

 Scott and Pat take a few calls on whether or not to pay off the mortgage. They take a call from a woman who is currently retired and wants to know if she should pay off her mortgage or not worry about it. And a caller who has a variable interest rate and wants to know what’s the best way to pay off her primary home.