Fiduciaries, interest rates, RMDs, dangerous REITS, and preparing for retirement

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 839 Ratings

🗓️ 18 June 2016

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Hanson McClain’s Money Matters: Scott and Pat talk about the importance of making sure your advisor is a fiduciary, followed by a discussion about interest rates. Next, they talk to a caller about when to take, and what to do with their required minimum distributions. They then talk about the dangers of non-traded real estate investment trusts (REITS). Lastly, Pat and Scott talk to a caller who is looking to retire soon and wants to get their finances in order. Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics. Ask a question at moneymatters.com, or email Scott and Pat at questions@moneymatters.com.

Transcript

Click on a timestamp to play from that location

0:00.0	Providing guidance as you plan and transition into retirement for over two decades.
0:07.1	Here's Hanson-McLean's Money Matters.
0:10.4	Welcome to Hanson McLean's Money Matters.
0:12.6	I'm Scott Hanson.
0:13.5	I'm Pat McLean.
0:14.4	Glad you're here with us today, both myself and my co-host.
0:17.2	We're both financial advisors.
0:19.3	Don't turn the down just because we're slow down.
0:22.6	Certified financial planner, charter financial consultant. We meet with people like yourself throughout
0:27.1	the week. We come here on the weekends to be your financial advisors on the air. Of course,
0:32.4	this program covers many things related to financial topics and helping people to have some financial
0:37.5	security and financial independence in their life and to be able to retire and maintain
0:41.7	a same standard of living.
0:44.2	And we also to help protect people from some of the things that Wall Street creates
0:49.4	and some of the things that brokers are out there selling and pushing and hawking.
0:53.6	Actually, I think that the life insurance companies have every bit as much prey on the general public as the Wall Street.
1:02.8	Yeah.
1:03.3	Well, Wall Street is just...
1:05.0	Yeah.
1:05.9	Yeah.
1:06.6	It's not necessarily Walls.
1:07.5	Just the financial services industry.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Allworth Financial, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Allworth Financial and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.