Financial Insanity w-Scott McLean

It's Financial insanity w-Scott McLean. Today's show is planning for the worst, hope for the best. How much do I need to save, have I saved enough, can I avoid to cut back on my standard of living in the retirement? These are the common questions retirees are asking about their retirement. Scott talk about inflation and the high rates, planning for the worst and top 5 signs you need a new advisor.

This is Financial Insanity w-Scott McLean. Today's show is Merry Christmas, Happy Holidays. A new year always brings change including changes in programs with social security, medicare, also the IRS that can be pretty costly. How can we protect ourselves for these upcoming changes in 2024? It all starts with the tax return. Plus, the retirement legal and tax landscape can be complicated.

This is Financial Insanity w-Scott McLean. Today's show is annuities and your retirement roadmap. Financial concepts can be complex, especially with annuitiies. There are many annuities and there is a lot to understand. Which annuities are right for you or are they all bad? Scott will explain the differences. Plus in planning for retirement, you must have a roadmap to get there. Avoid the major detours that will wreck havoc to your retirement savings. Everything you need to know about the planning process is all here.

This is Financial Insanity w-Scott McLean. Today's show is estate planning with Dave Connelly. It's all about love and legacy. With so many Americans choosing domestic partmerships over marriage, it's still important to secure a future for you and your loved one. Protect your assets and avoiding tax pitfalls. Scott and Dave provide the steps in the legal process if one gets sick or passes away. Who handles the kids, the important health decisions or financial assets?

This is Financial Insanity w-Scott McLean. Today's show is navigating taxes before 2024. You'll find out why it's important to work with an advisor to help you navigate the complex tax and legal landscape before retirement and how to plan for this process which could affect your retirement. Plus, Scott answers your financial questions to ensure a sound portfolio.

This is Financial Insanity w-Scott McLean. Today's show is financial gift giving and donations. Last year, Americans gave over 300 billion dollars in charitable donations. But, it's important to get guidance on these donations we make each year. What are the best ways to donate and tips for gift giving? Plus, all the info you need to know about 401k and IRA contributions.

This is Financial Insanity w-Scott McLean. Today's show is impact on inflation. In a down economy and inflation increasing, can you afford to retire, can you afford more losses in your 401k and what options do you have for income in retirement? You'll get tips on retirement savings and the impact of inflation on savings. Plus, life expectancy can be a problem when you factor in your portfolio in retirement. Do you have enough saved?

This is Financial Insanity w-Scott McLean. Today's show is financial challenges for women investors. You've saved an entire life for retirement. Now, do you really know how to turn that savings into income in retirement? Also, do you know how much income you can withdraw without penalty from current retirement accounts? Most people have big questions. What are they and how can they be answered? Scott also explains the biggest challenges facing women investors in their retirement.

This is Financial Insanity w-Scott McLean. Today's show is maximizing your retirement income. You spent an entire career saving for retirement and now you can't afford a misstep to spend down your savings too quickly. There are simple ways to help you maximize your retirement income. Make the most of your retirement with a strategic plan. Plus, why social security is more important than you think and why so many Americans are misinfomed on social security.

This is Financial Insanity w-Scott McLean. Today's show is happy thanksgiving to all. The 4th quarter means a lot to think about as we prepare for the upcoming year. What does this mean for your finances? How can you prepare with a year end checklist? Scott also discusses the 7 easy to avoid retirement mistakes. It's important to know so you don't make a mistake in your financial portfolio.