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Money Matters by Allworth Financial

Social Security’s Uncertain Future

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 9 March 2019

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss their beliefs about the future of Social Security, and who may feel benefit cuts. Scott and Pat talk to a woman in Rancho Cordova who is expecting a divorce settlement and asks what she should do with the money.  A man with $800,000 saved is considering using his money to pay down his mortgage. A caller in Indiana is concerned about how his wife will get taxed on an inheritance. A woman with $1.4 million worth of properties wants to sell a house and open an RV park. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.

Transcript

Click on a timestamp to play from that location

0:00.0

Answering your tough financial questions for the past 21 years, it's Hanson McLean's Money Matters, with co-hosts Scott Hanson and Pat McLean.

0:14.9

Would you like an opinion on a financial matter you're dealing with? Whether it is about retirement, investments, taxes, or 401Ks,

0:23.7

Scott Hansen and Pat McLean would like to help you by answering your call.

0:27.6

To join Hansen McLean's Money Matters, call now at 1-3-8-2-H-A-N-S-O-N.

0:40.1

Welcome to Hanson-Meklains. Money Matters. I'm Scott Hansen. I'm Pat McLean.

0:44.1

Glad you are here, as both myself and my co-host here, we're both financial advisors.

0:48.3

Certified financial planner, chartered financial consultant. We act as financial advisors during the week,

0:53.4

and we act as financial advisors. Maybe act as the wrong term. We are practicing financial consultant. We act as financial advisors during the week, and we act as financial advisors.

0:55.5

Maybe act as the wrong term. We are practicing financial advisors. We act. We are practicing

1:01.3

financial advisors on our program here as well. We try to help people. It's that simple.

1:07.6

In the area that we're experts. Yeah. Not another. We try not to another areas.

1:11.6

Actually, and we will give you our...

1:14.9

I guess we would be considered an expert.

1:16.6

We've been doing this long enough.

1:17.7

We will give you our opinion if you ask for it.

1:21.1

So speaking of opinions, I was...

1:24.5

My wife and I were cooking dinner the, and I love to cook.

1:27.9

And you're, Pat's a good cook.

1:29.1

I really do like to cook. Although you haven't cooked me in years.

1:31.6

I really, I do like to cook. At least 10 years. I enjoy it.

1:35.0

I probably cooked the meals about probably 70 to 80% of the time at home. So my wife and I

1:39.8

were cooking together and I said, well, you cook that often? Oh, yeah, yeah, yeah. Well, yeah, probably three, four nights a week.

...

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