On this week’s Money Matters, Scott and Pat talk about how the new tax law may change the way you want to pay off your mortgage. Scott also talks about a bank teller who tried to move his checking account for “safety” reasons.
Scott and Pat speak with a woman in Sacramento with $300,000 in an IRA who wants advice about where to put extra money. A caller in Northern California is debating if he should pay off his mortgage early. A caller in the Bay Area wants help prioritizing his savings after his employer changed plans. A man with chronic illnesses is expecting a $200,000 settlement and asks how he should use the money. Finally, a caller who got a late start saving asks how he should catch up.
Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.
On this week’s Money Matters, Scott and Pat talk about a client who almost paid $25,000 in additional taxes after taking costly advice from a big-box financial firm.
Scott and Pat speak with a caller who is considering spending $35,000 on air-time for a pension. A Bay Area man asks why financial advisors do not work by the hour. A caller in Northern California has $300,000 in stock and is worried about capital gains taxes. A college professor in Texas wants advice before buying a $500,000 annuity. A 50-year-old man in Sacramento is deciding between a lump sum or monthly payouts on his pension.
Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.
On this week’s Money Matters, Scott and Pat talk about the pension trouble facing government entities and companies like Pacific Gas and Electric. They also discuss the danger of using a retirement strategy based on just a few assumptions.
Scott and Pat take a call from a mother whose daughter has cancer and a lot of debt. She wants to know how to financially protect the grandchildren without the creditors taking the assets. A caller in Minnesota asks if an immediate annuity makes sense for his elderly mother. A retiree asks about Social Security’s windfall provision. A caller with $1.3 million wants protection from outliving his money.
Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.
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.
