Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean. Today's show is 401k and IRA decisions. There are important decisions that can impact your retirement. But first, what is the difference between a 401k and an IRA? Most people may not know they can contribute to both. What happens when you max out your iRA? Plus, the time to make a positive change in your future is now. Saving is critical. How do you break the bad habit of living without a budget?

This is Financial Insanity w-Scott McLean. Today's show is maximizing your retirement income. You've spent your life saving for retirement. The last thing you need to do is a make a mistake. There are many bumps along the way. So you will need the simple tips to make the most out of your retirement. Plus, RMDs can trigger a high penalty in tax code if you don't follow rules. Don't let let taxes wipe out your retirement. Scott will explain how you can avoid these high penalties.

This is Financial Insanity w-Scott McLean. Today's show is annuities and guest Robert Brown. You'll hear the 4 types of annuities, how they all work and which ones are right for you. Everyone thinks all ll annuities bad, but the truth is they're not. Some can help you. Some can cause you to lose more money due to fees. Plus, special guest Robert Brown discusses service connective benefits for veterans and what qualifications can earn you money.

This is Financial Insanity w-Scott McLean. Today's show is new financial habits to break in 2024. If 2024 is your year to retire, you'll want to hear this. Everything to help you financially focus on a sound retirement. You'll understand the key factors to consider before entering the next phase of life. Plus, why it's important to declutter, donate and downsize. Clarity will help your finances.

This is Financial Insanity w-Scott McLean. Today's show is decisions on anniuties, 401ks and IRAs. What's the difference between annuities, 401ks and IRAs and which ones are right for you? They don't suit everyone. But they can be helpful. Take advantage of your finances so you can live a comfortable retirement.

This is Financial Insanity w-Scott McLean. Today's show is retirement misteps and scams. Getting ready to plan for retirement. You'll want to make sure you aren't making these common mistakes. Learn more how so you don't have a painful future. Plus, the top 5 scams you should be aware of so it doesn't disrupt your future.

This is Financial Insanity w-Scott McLean. Today's show is estate planning and special guest Dave Connolley. Before you begin to take action on your estate plan, it's important to understand the key topics that may arise as you address specific needs to secure your future and avoid those tax pitfalls. Hear why It's important to work with an attorney and possibly a tax advisor on your estate plan, how to maximize what you leave behind, what tax benefits are important. Plus, the info you need to know on estate, inheritance and gift taxes.

This is Financial Insanity w-Scott McLean. Today's show is will you have enough income in retirement. All the essential questions you need to ask yourself before you reiire. It begins with determining how much you are spending right now. This is a reality check for your finances. Plus, don't count your chickens before they hatch. What does this mean for your finances and how it applies for retirement income.

This is Financial Insanity w-Scott McLean. Today's show is should you work while in retirement. Well the first question you should be asking if how much income will you need in retirement? What are the other major questions that should be looked at when it comes to your money. You should be aware of healthcare costs, lefgal issues and special needs situations. They all affect your spending habits. Plus, a look at the top financial headlines of 2023 and how to prepare for 2024 in your financial retirement portfolio.

This is Financial Insanity w-Scott McLean. Today's show is top financial news of 2023. It's a year in review with some of the top financial headlines and retirement issues. The government avoided multiple shutdowns, but debt is increasing. What does this mean for your wallet? How about your retirement savings plan? Plus, baby boomers are retiring and gen x is on deck. Everything you need to know about your retirement future.