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Money Matters by Allworth Financial

Allworth Financial

Investing, Business, Business:investing

4.7 • 839 Ratings

🗓️ 28 November 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's Money Matters, before taking your calls, Scott and Pat discuss the hidden benefits of Health Savings Accounts. A Minnesota caller who’s been laid off asks if he should use some of the $400,000 in his 401(k) to pay down his mortgage. Scott and Pat advise a Colorado man about the taxation of his restricted stock units. A man asks how he can steer his friend away from a suspicious investment with a promised return of 21% per year. A caller asks if civil unrest and wildfires will affect insurance companies' ability to pay annuity benefits. Finally, Scott and Pat speak with a 55-year-old caller making $43,000 a year who has saved $500,000 and wants to know if he’s on track for a comfortable retirement. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

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0:00.0	Answering your tough financial questions for the past 26 years,
0:04.2	it's Allworth's Money Matters, with co-hosts Scott Hanson and Pat McLean. Would you like an opinion on a financial matter you're dealing with?
0:21.6	Whether it's about retirement, investments, tax Would you like an opinion on a financial matter you're dealing with?
0:38.9	Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and Pat McLean would
0:45.0	like to help you by answering your call to join Allworth's Money Matters.
0:49.2	Call now at 83399 Worth.
0:52.0	That's 83399 W-O-R-T-H. Welcome to All-Worth's Money Matters. I'm Scott Hanson.
1:00.3	I'm Pat McLean. Glad you're with us this weekend day or whenever you're listening to us as we're talking about financial matters, both myself and my co-host.
1:08.4	We are both financial advisors, certified financial planner, charter financial consultant.
1:13.9	We spend our weekdays with helping people like yourself get their financial lives in order,
1:19.3	and we spend our weekends.
1:22.8	Well, we broadcast this on the weekends.
1:25.4	So what happens is if you call our show um they you we will take
1:30.8	your name and number and if you want to join us on the show they actually call you back and say hey
1:35.0	we schedule callers schedule a call and that's how we get these calls and we like doing we
1:40.2	frankly we love the call in format because uh one it gives us it gives us a place where we can come and answer questions to people.
1:48.6	And clearly, we have no dog in the fight, right?
1:54.3	There's...
1:55.8	We have an opinion as to the value of financial planning, but we're not...
2:00.0	We're not trying to sell anybody. We're not trying to sell anybody.
2:01.3	We're not trying to sell anyone on our services.
2:03.5	We're just providing advice at that.
	...

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