Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean.  Today's show is how to downsize.  Starting a brand new phase of life in retirement means you've saved or hopefully save saved.  It could mean your relocation to your dream home.   With that comes downsizing and getting rid of some of your possessions and decluttering.  Scott says how to best handle downsizing in retirement.  Plus, any time is a good time to break a bad habit.  But, how can you break a bad habit of living without a budget?  It's difficult.  Financial Insanity is here to help.

This is Financial Insanity w-Scott McLean.  Today's show is stock market volality.  If you have market investments as part of your financial plan, financial turmoil has caught your attention.  If you're wondering if you or your family is going to be ok when the market settles down, then you don't have a proper financial plan.  It's important to be informed, prepare for the worst case scenario, have a backup plan and lean on an advisor you can trust in these difficult times.  Also, how testamentary trusts can help align your assetswith 3D planning: dreams, dollars and your dynasty.

This is Financial Insanity w-Scott McLean.  Today's show is anniuites and special guest Robert Brown.  You may have heard of investment advisots or insurance advisors talk about annuities and diving into them can feel like a maze of options, fees and guarantees.  You'll learn the good, the bad and the real ugly of annuities, offering insights on all options to ensure your investments align with unique needs.  Plus, Robert Brown discusses veterans benefits which can help those disabled or injured while in uniform get financial compensation. 

This is Financial Insanity w-Scott McLean.  Today's show is estate planning.  Special guest and lawyer Dave Connolley joins the program to discuss love and legacy with unmarried partners.  But, there are challenges.  The challenges of securing a future together, protecting assets and avoiding tax pitfalls.  What are the common reasons for obtaining a domestic partnership agreement, how does it affect parential rights and financial planning.

This is Financial Insanity w-Scott McLean.  Today's show is 3 blind mice and mailbag. It's a lesson about making finances a little less insane. Third blind mice explains the financial process of working with traditional financial advisors: an accountant, lawyer and the process of titling assets with lack of collaboration.  Because there's no financial literacy, it can lead you to a trap with an evaporation of money.  Hear the most common mistakes and why investing, planning for growth and unexpected taxes can harm your portfolio.  Plus, Scott opens up the mailbag to answer your important financial questions.

This is Financial Insanity w-Scott McLean.  Today's show is having enough income in retirement. Don't count your chickens before they hatch.  You've heard the expression before, but what does it mean for finances and how do we keep our chickens from hatching in the financial nest egg?  It starts with estimating your retirement expenses, knowing whether you have enough saved before retirement and how much you should have in your 401k.  Many factors to consider like social security changes, inflation, taxes and the standard of living expenses.

This is Financial Insanity w-Scott McLean.  Today's show is decisions on annuities.  Inflation, an unstable economy and high taxes are impacting retirement.  Can you afford to retire, do you have enough in your savings or 401k and what options are availlable for income in retirement?  You can't treat your retirement savings like a big ATM.

This is Financial Insanity w-Scott McLean.  Today's show is 3 blind mice chapters 2 and 3.   It's a deep dive into Scott's book supplying the understanding and tools you need to keep operating on the same financial game plan.  FInd out how you can help your heirs and the executor of your will avoiding probate, ensuring your family avoids chaos and squabbles and how to protect your assets if you, your sposuse or parents need to go into a nursing home.

This is Financial Insanity w-Scott McLean.  Today's show is three blind mice and mailbag questions. 'Three Blind Mice' was written by financial advisor Scott McLean. You receive investment advice from a financial advisor, have your tax returns prepared by an accountant and have your will and estate plan written by an attorney.  But, when was the last time these three key consultants got together to discuss your overall financial game plan? Scott  explains why you're working with three blind mice that can end up being costly.  Plus, your questions are answered in the popular mailbag segment.

This is Financial Insanity w-Scott McLean.   Today's show is investing income vs. growth.  Scott explains why either approach can be effective for generating income investment returns, but you need to make the best informative decisions.  How do you find the right investment strategies, how do both strategies actually work and how do you obtain the best of both strategies?