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Money Matters by Allworth Financial

Public pensions are in more trouble

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 25 April 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss the economic implications of negative oil prices, the second stimulus package, and potential state bankruptcies. Scott and Pat advise a retired man looking to replace the $25,000 he took out as a Required Minimum Distribution at the beginning of the year. A mother of three asks how she can save for her three children. Finally, a California caller asks if she should invest in oil. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

Click on a timestamp to play from that location

0:00.0

answering your tough financial questions for the past 26 years. It's Allworth's Money Matters,

0:06.5

with co-hosts Scott Hansen and Pat McLean. Would you like an opinion on a financial matter

0:15.3

you're dealing with? Whether it's about retirement, investments, taxes, or 401ks. Scott Hansen and Pat McLean would like to help you

0:22.8

by answering your call to join Allworth's Money Matters. Call now at 83399 Worth. That's 83399 WORTH.

0:33.6

Welcome to All Worth's Money Matters. I'm Scott Hanson. I'm Pat McLean.

0:37.8

Glad you are here with us this weekend.

0:40.7

As we are sheltering in place and crazy.

0:46.1

Actually, technically Pat and I are in the studio maintaining a distance of six and a half feet.

0:52.0

Thankfully.

0:52.5

From one another.

0:53.5

Just to get. I love my family half feet. Thankfully. From one another. Just to get.

0:54.5

I love my family, but.

0:58.2

Right?

0:58.6

Are you, you have four kids at home?

1:00.6

You know, it's interesting.

1:02.6

I'm just glad I don't live in a high-rise apartment in downtown New York or San Francisco.

1:07.6

I mean, this is a financial program.

1:08.8

We come here each week to talk about financial matters, and we will certainly talk about financial matters and take your calls.

1:13.4

But as you've been listening for 25 years,

1:15.3

you also know we talk about some of our personal lives.

1:17.4

And this is in such an interesting time because I'm learning some things about myself.

1:25.2

I'm learning some things about my wife.

...

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