Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean.  Today's show is social security and guest George Castanis.  Don't count your chickens before they hatch.  What does this mean for our finances and how do we keep our chickens from hatching when it comes to the financial nest egg?  Plus, George talks financial retirement roadmaps and planning for the long journey.

This is Financial Insanity w-Scott McLean.  Today's show is three blind mice. Scott is the man with the plan.  He will review chapter one of his book 'Three Blind Mice' to help keep your money safe from the traps and pitfalls of financial planning.  Plus, retirement challenges facing women and a look back at the year 1975.

This is Financial Insanity w-Scott McLean.  Today's show is election year impact on the market.  The Presidental election year will have a big effect on the stock market, our overall economy and personal finances.  Find out the biggest concerns facing Americans in 2024 and how to prepare for the future.   Plus, Scott addresses income needs in retirement.  One size doesn't fit all and there are unique situations for everyone.  Find out the six questions to ask on how much income is needed in retirement.

This is Financial Insanity w-Scott McLean.  Today's show is investing income vs growth.  It's important to navigate investing for income.  What are the basics of investing for income?  The easiest anology is the chicken versus the egg: growing wealth with investments being bought.  Eat the eggs and not the chicken.  Plus, why it's great to grow income, but there's a shift in retirement because you retirees don't have steady income.  So, what is the next step when income isn't regular?

This is Financial Insanity w-Scott McLean.  Today's show is bric currency and navigating taxes.  Get a lesson on the world of brics.  What are they? How can it change the way some countries play the money game?  Plus, why it's important to work with an investment advisor who can help you navigate the complex legal and tax landscape.

This is Financial Insanity w-Scott McLean.  Today's show is downsizing in retirement.  There's excitement with starting a brand new phase of life in retirement.  But if you're relocating to your dream retirement destination, downsizing or decluttering means you need to face getting rid of things.  What's the best practices to downsizing and how to spend less in retirement?  Plus, ways to keep from counting your chickens before they hatch in a financial nest egg.

This is Financial Insanity w-Scott McLean.  Today's show is protecting yourself from fraud.  As techonlogy increases, so does cybercrime.  So, you need to be armed with knowledge to shield your life's work, your savings and your identity.  Pay attention to scams that can affect your financial portfolio.  Plus, the five common mistakes people make before entering retirement.

This is Financial Insanity w-Scott McLean.  Today's show is navigating election season and stock markets.  With the Presidential election year, a lot of changes can happen, including a stock market change.  Regardless of the outcome, the overall economy and personal finances will be affected.  Scott looks at the trends from the past 100 years and will give insight on what everyone should be concerned about.  Plus, tthe importance of retirement's most complex legal and tax issues with an advisor.

This is Financial Insanity w-Scott McLean.  Today's show is key retirement questions.   Inflation, higher taxes and uncertainty in the economy are affecting baby boomers in retirement.  How can you afford to retire, take more losses in your 401k and what additional income options are available in retirement?  Plus, why it's important to work with an investment advisor who can help you navigate the complex and legal tax landscape.  Scott addresses all that and more.

This is Financial Insanity w-Scott McLean.  Today's show is 7 retirement mistakes to avoid.   People look forward to retirement.  But the transition to retirement might not be as well thought out and there are factors to consider like living too long, social security, staying invested in the stock market too long.  Plus, are you ready for the unplanned costs of retirement?  What are the unplanned costs of retirement and how could it affect your financial portfolio.