Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean.  Today's show is income growth in retirement.  It's a topic most people forget about.  It's great to grow your money, but there is a shift when you get to retirement and you need to figure out an income plan pre-retirement because you won't have those checks coming in anymore.  Scott starts with investing for income vs investing for growth.  There is a difference.  One could be better than the other and there's an anology between the chicken versus egg.  Understanding the differences is the biggest mistake seniors make pre-retirement.

This is Financial Insanity w-Scott McLean.  Today's show is election on the horizon.    With the election upcoming, there are some things to be thinking about: the stock market, the current interest rate enviornment and most of all your investments.  Plus, there is a mistake many Americans make when rolling over a 401k into an IRA.  1 in 4 people are making this mistake during the investment process.   What is that mistake and how do you make a lasting legacy plan?  We'll tell you here on Financial Insanity.

This is Financial Insanity w-Scott McLean.  Today's show is retirement challenges for women.  It's statistically true that women outlive men. That means women will be taking over the finances.  It can be confusing and scary.  The challenges begin with adjusting for financial change when an additional income isn't there and what decisions need to be made to better the future,   Plus, every parent wants a better life for their child than they had.  They want them more confident, more stable and more prepared for the future.  So compared to your parents, how are you feeling about your financial position?  Most Americans feel like they have it tougher.

This is Financial Insanity w-Scott McLean.  Today's show is avoiding scams.  We live in a technological world.  We also live a world with cyber crime.  Get the knowledge to shield your lifes work, protect your savings and your identity.  Plus, there are six questions to figure out how much you need in retirement.   The biggest one you should ask yourself:  how much are spending currently?  For a successful retirement, it all starts with a financial plan.

This is Financial Insanity w-Scott McLean.  Today's show is 3 blind mice and mailbag questions.  Scott is here to keep your money safe from the financial traps and pitfalls of financial planning.  That's why he wrote the book '3 Blind Mice'.  He breaks down the first chapter of the book and helps you avoid the daunting disaster of probate, ensure your family avoids unnecessary chaos and family squabbles, protects your assets and avoid paying more taxes than you should.   Plus, he answers your common financial questions. 

This is Financial Insanity w-Scott McLean.  Today's show is retirement challenges for women.  It's statistically true that women outlive men. That means women will be taking over the finances.  It can be confusing and scary.  The challenges begin with adjusting for financial change when an additional income isn't there and what decisions need to be made to better the future,   Plus, every parent wants a better life for their child than they had.  They want them more confident, more stable and more prepared for the future.  So compared to your parents, how are you feeling about your financial position?  Most Americans feel like they have it tougher.

This is Financial Insanity w-Scott McLean.  Today's show is income vs growth.  Scott is helping you navigate your investment choices with the topic today: income vs growth.  The goal is to grow your money.  But there is a shift when you get to retirement and it's all about income.  How can you investment for income vs growth, what's the difference and which is right for you?

This is Financial Insanity w-Scott McLean.  Today's show is the income toolbox corporate bonds.  Interst rates are on the move again.  What does this change mean for you, your investments and retirement?  The income toolbox is all about building a stronger porfolio one tool at a time.  Corporate bonds are important.  Plus, hat's the difference between corporate bonds and bond mutual bonds?

This is Financial Insanity w-Scott McLean.  Today's show is will you have enough for retirement.  How much income needed in retirement isn't a clear answer.  It's a unique situation for everyone.  There are some questions that can help you plan for reitrement.  Plus as technically increases, so does cybercrime.  You'll get armed with knowledge on the scams impacting and preying on victims so you can protect your life's work, savings and identity.

This is Financial Insanity w-Scott McLean.  Today's show is time machine to 1990.   Scott talks about financial regrets that many Americans share.  Retirees regret that made some mistakes prior to retirement.  The biggest regret, not saving enough or not starting early enough.  Plus when planning for retirement, are you confident you're not making any mistakes? Learn more now so you don't have apainful lesson in the future.  We'll give you five common mistakes before entering into retirement.