Why some should spend down their savings, advice on dividend stocks, and overcoming the fear of financial planning.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 26 November 2022

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat explain why they sometimes advise callers to spend down their savings. You’ll hear them help a New York man who wants to know what he should do with $250,000 of profit from a home sale. A California man asks whether he should cash out dividends or reinvest them. Finally, a fellow Allworth advisor joins Scott and Pat to help listeners overcome the fear of financial planning. Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs 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

Click on a timestamp to play from that location

0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:07.2	Whether it's about retirement, investments, taxes, or 401ks, Scott Hanson and Pat McLean would like
0:13.5	to help you by answering your call to join Allworth's Money Matters.
0:17.5	Call now at 83399 Worth.
0:20.4	That's 83399 W-O-R-T-H. Welcome to All-Worth Money Matters. I'm Scott Hanson.
0:28.0	I'm Pat McLean. We are excited that you are with us today as we're talking about financial matters.
0:34.1	We're both practicing financial advisors and we do a program on a weekly basis and always
0:40.3	excited to be here with you guys to talk about money and finances and of course our goal is just
0:46.6	to help you make wiser choices with your with your dollars get to a point where you've got
0:51.5	financial independence where you've got more choices in your life.
0:55.1	It's always interesting.
0:57.1	I think most people, they can't see the decisions that they make with their finances today.
1:03.3	They can't see the impact that's going to have in the future.
1:06.1	Could you?
1:07.8	When you were 20, could you?
1:13.3	When I was 20, I worried more about my building my career okay
1:14.8	than I did about when you were 30 okay
1:17.3	yeah
1:21.8	I had my second child when I was
1:25.0	did I have my second child my first child I had my first child
1:27.4	when I was 30 did I have my second child? My first child when I was 30.
1:28.6	Mm-hmm.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Allworth Financial, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Allworth Financial and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.