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Money Matters by Allworth Financial

What should be done with old annuities?

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7839 Ratings

🗓️ 14 May 2016

⏱️ 49 minutes

🧾️ Download transcript

Summary

On this week’s Hanson McClain’s Money Matters: We talk to a caller about what to do with an old annuity. Then, we take a call from a retired teacher looking for the best options for investing an old annuity and other savings. 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

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0:00.0

The following program is brought to you by Hanson-McLean Advisors, and the views express may not necessarily reflect the views of this station.

0:07.0

And now, for the Financial Times ranked top investment advisor Hanson McLean, it's Hanson McLean's Money Matters.

0:16.0

Welcome to Hanson's Money Matters, I'm Scott Hanson.

0:19.0

I'm Pat McClain. Thanks for joining us.

0:21.4

That's right. Glad you are here with us on this May weekend. Springtime, both myself and my

0:27.4

co-host here. We're both financial advisors. Certified financial planner, charter financial

0:31.5

consultant. We spend our middays or weekdays. We know with people like yourself helping you plan your financial futures.

0:38.9

We come here on the weekends to be your financial advisors on the air.

0:43.2

So whether you have advisors you're working with today or you do everything on your own

0:47.0

and maybe you just want another opinion, whatever the case may be,

0:49.2

would love to have you on the program.

0:51.3

I'm glad you're listening.

0:52.4

Maybe they're just starting out.

0:54.4

Yep, or restarting.

0:56.0

Yeah, which happens.

0:57.2

Happens.

0:58.1

Unfortunately, for people.

0:59.5

And sometimes people with best intentions and everything else.

1:03.7

And I had a collection agency call me this last week.

1:09.2

I had something.

1:09.9

A collection agency. I had, um. I had something. A collection agency?

1:11.0

I had, um, is this something you want to share on the air?

...

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