Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean.  Today's show is yea or nay working in retirement.  One in four Americans think their current reitrement lifestyle aligns with what they planned for what their retirement to be.  There are dreams versus reality in retirement.  Will you have enough saved or will you have to work through the early retirement years?  Plus, why you shouldn't count your chickens before they hatch.  What does this mean for the financial portfolio?  How can you keep from counting chickens when it comes to the nest egg?

This is Financial Insanity w-Scott McLean.  Today's show is top retirement missteps.   When planning for retirement, are you confident you are not making any mistakes.  Learn more now so you don't have a painful lesson in the future.  There are five common mistakes that people make before entering into retirement.  What are they and how can you avoid them?  Plus, everything you need to know about annuities and which ones are right for you.

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.  So what are the biggest concerns facing Americans in 2024 and how do we prepare for the future?   Also, Scott needs 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 troubles for widow investors.  Statistically women outlive their husbands by about 6 years.  So that means there will be a lot of women taking over the finances. It can be confusing and scary.  What decisions need to be made, understand the financial planning process.  Consider all the pension options and the right social security planning. Plus, how to protect yourself from cyber crime and identity theft.  It can happen to anyone at anytime.

This is Financial Insanity w-Scott McLean.  Today's show is protect yourself from fraud.  You'll learn how to protect yourself from being a victim of cyber crime which could affect retirement savings and identity theft.  Plus, preparing for medical expenses.  It's hard to do because of unexpected events, but it's still a reality you should consider when thinking about your retirement savings.  Best thing to do is plan for the worse and hope for the best.

This is Financial Insanity w-Scott McLean.  Today's show is maximize your retirement income.  You've spent an entire career saving for retirement, the last thing you need is a misstep costing you to spend down your savings too quickly.  It's important to make sure you've done enough.  There are easy ways to maximize your retirement and helping to make the most from your retirement with a strategic plan.  Plus, 96 percent of Americans are taking social security at the wrong time.  Scott will help you get informed on social security choices, pension options and personal savings.

This is Financial Insanity w-Scott McLean.  Today's show is key retirement questions.  Inflation and higher taxes are leading to uncertainty.   Can baby boomers afford to retire, how do you avoid more losses in 401ks, what options do you have for income in retirement and what happens when investments are doing poorly?  These are all common questions.  Scott believes you should definitely do something with your money and put it into a vehicle so you can maximize your retirement's portfolio in the long term.

This is Financial Insanity w-Scott McLean.  Today's show is living to 100.  If you're fortunate to live to age 100, will your retirement savings last? You need to consider factors to ensure your money lives as long as you.  It could be difference in living with no extra cash.  How much savings do you actually need? Medical expenses are going to happen as you get older and you need to account for that as well.  Plus, Scott answers your questions about 401ks, financial news and taxes in retirement.

This is Financial Insanity w-Scott McLean. Today's show is maximizing your retirement. You've spent  an entire life saving for retirement, the last thing you need is a mistake that jeopardizes your retirement savings. How can you make sure you've done enough?  Scott offers ways to maximize income with strategic and simple steps. There is another benefit that can maximize retirement: social security.  There are things that should be considered like social security choices, pension options and personal savings.

This is Financial Insanity w-Scott McLean.  Today's show is 7 retirement risks to avoid.  There's a lot to look forward in retirement but there are a lot of things Americans don't realize could happen.  It starts with longevity and having enough money.  Plus, retirees face challenges that reroute savings into a financial vortex.  What does this all mean and why having a retirement income strategy can help?