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Money Matters by Allworth Financial

Learning from your investment history

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 839 Ratings

🗓️ 10 July 2021

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss how your experience investing during the pandemic can help guide future financial decisions. Scott and Pat advise a pilot with $1.6 million in savings about whether he can retire comfortably at age 65. A father in his late 50s asks how he should save for his son’s private high school education. A young man in Argentina asks if he owes taxes after taking early Roth IRA distributions. Finally, Scott and Pat speak with a caller looking to lower his mortgage rate. 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

Would you like an opinion on a financial matter you're dealing with?

0:17.0

Whether it's about retirement, investments, taxes, or 401ks, Scott Hansen and

0:22.7

Pat McLean would like to help you by answering your call to join Allworth's Money Matters. Call now at

0:28.3

83399 Worth. That's 83399 WORTH. Welcome to Allworth's Money Matters, Scott Hanson.

0:38.3

Matt McLean.

0:39.5

I'm glad you are with us as we talk about financial matters, both myself and my co-host here.

0:43.9

We're both financial advisors, certified financial planner, chartered financial consultant.

0:49.4

We spend our weekdays with people like yourself, helping them plan their futures and broadcast on the weekends to be your financial advisors on the air. And a lot of our program is focused on

1:02.3

people who've worked hard, saved well, and want to make sure that they maintain their

1:10.1

financial independence throughout their life.

1:12.6

And many would like to be rich, but more importantly, they don't want to be poor.

1:18.1

Both very subjective terms.

1:20.4

I guess it is, especially in a third world, especially in a first world country versus a third world country, right?

1:27.2

Yes. Very, very subjective.

1:28.6

That's a good point.

1:30.1

Good point.

1:32.7

What was I talking to the other day?

1:34.0

Like, we tend to eat out quite often as a family.

1:37.7

I like eating out as a family because I hate doing dishes.

1:39.8

I hate doing dishes.

1:40.6

I don't like cooking particularly. And there's something nice if you're all in a booth, you get an hour together, and it's a good time, and you leave, and you don't have to do the dishes.

1:48.7

Okay.

...

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