California Wildfires, Real Estate, and Investment Scams

On this week’s Hanson McClain’s Money Matters, Scott and Pat discuss how the California wildfires might impact your portfolio, the role that real estate should play in your retirement planning, and how the lowering of the accredited financial standard has provided an opportunity for investment scams on social media.

Scott and Pat take a call from a savvy investor who wants to know if he should take a lump sum from his retirement plan or chose the annuity. An 85 year-old who is stilling working and has $140,000 to invest from the sale of a home wants to know if he should invest in gold. A couple in their mid-50s are wondering how much real-estate they should have in their retirement portfolio. And a caller who wants to know if he should start contributing to a Roth IRA instead of a 401(k).

If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at questions@moneymatters.com at any time to be featured on a future show.  

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.