Self-Insuring for Long-Term Care, Rebalancing Inherited Portfolios, and Smarter Wealth Moves

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 1 November 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat tackle three critical financial planning decisions for high-net-worth investors. First, they break down whether it’s better to self-insure for long-term care or rely on costly, often restrictive hybrid policies. Next, they explain how to rebalance an inherited portfolio, especially when legacy holdings no longer align with your goals or risk tolerance. Then, they dive into how to finance a vacation home wisely—weighing the risks of portfolio loans, capital gains exposure, and over-leveraging in retirement. You’ll also hear a sharp analysis of gold’s recent surge—and why emotional investing often backfires. Packed with real-life caller scenarios and expert financial guidance, this episode is a must for anyone focused on smart wealth management, legacy planning, and minimizing risk. Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at [email protected]. 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?
0:07.0	Whether it's about retirement, investments, taxes, or 401ks,
0:11.0	Scott Hanson and Pat McLean would like to help you by answering your call.
0:15.0	To join Allworth's Money Matters, call now at 83399 Worth.
0:20.0	That's 83399 W-O-R-T-H.
0:23.6	Welcome to All-Worth's Money Matters, Scott Hanson.
0:27.6	Matt McLean, thanks for joining us.
0:28.6	Yeah, glad to be with you as we talk about financial matters and talk a little bit about what happens, what's going on in the marketplaces and how to make good choices with your finances.
0:40.4	And, of course, taking your calls, answering your questions on things that you're dealing with.
0:43.8	You know, we talked about this a couple months ago about how the market seems to be immune to certain behaviors.
0:55.0	And so when Amazon, I'm always amazed myself when I talk, I'm always, Amazon web services
1:02.0	goes down.
1:03.4	Yeah, that's what, a week and a half ago or something.
1:04.7	Yeah.
1:05.6	And the more could, it, it, it's up that day.
1:10.6	And this, this, but I'll give Amazon a lot of credit. They were
1:16.0	very transparent about what happened. They came out, look, we weren't hacked. Someone got
1:20.7	in our systems that, that blew us up. Um, or maybe they did. We don't know. But the market it's a big that was a big deal in my mind
1:31.2	because of how many businesses that's a short-term glip understand but if if if if it had been
1:38.6	hacked and people could go in there and start turning off services to businesses, airlines, financial institutions.
1:47.8	Yeah, I think those are just short-term things, though, right?
1:50.4	So if it's a short-term and you think it's just a one-off, it's a short-term, then it's not
	...

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