Roth conversions, tariff talk, diversification strategies, and Scott and Pat’s favorite call of the year.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9 • 782 Ratings

🗓️ 21 December 2024

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat explore the intricacies of Roth conversions, especially beneficial for those retired with lower spendable taxable income in current years. They provide insights into when and how to make these conversions work in your favor. They also answer listener questions about portfolio diversification in light of market uncertainties and potential tariff implications from political changes, providing practical advice on securing your financial future amid varying economic conditions. Finally, they check back in with a listener who wanted to know back in April whether she had too much stock in a single company. Hear whether she took their advice and listen to why Scott and Pat said it was their favorite call of the year. Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at [email protected]. Download and rate our podcast here.

Transcript

Click on a timestamp to play from that location

0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:11.5	Whether it's about retirement, investments, taxes, or 401ks.
0:15.8	Scott Hansen and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.
0:21.5	Call now at 83399 Worth. That's 83399 W-O-R-T-H.
0:30.0	Welcome to All-Worth's Money Matters, Scott Hanson.
0:32.7	Pat McLean.
0:34.0	Glad you are with us. Both myself, my co-host. We are both financial advisors.
0:39.0	Now, by the way, if this is the first time you're listening to this program, please continue to listen for a few more minutes.
0:42.8	Like, uh-oh, a couple financial planners.
0:44.5	Oh, no.
0:46.3	That's what the world needs more of.
0:48.7	Anyway, we've been practicing advisors for 30-plus years, doing this program for almost 30 years take calls talk
0:55.4	about what's going on and yeah glad you're part of the program today and i don't know do we need to
0:59.7	pitch times have kind of changed a little do we need to pitch what even what our show is you listen to
1:05.7	some podcasts they just start right in oh all right let's start right in okay so um my wife and i are very very
1:16.5	transparent with our children uh about our finances uh and this came about when i have four
1:23.3	children ages oh my daughter asked me this the other day when her birthday wasn't. I'm terrible
1:28.7	with dates. She doesn't know her own birthday? That's funny, Scott. That's funny. And she said,
1:35.5	just remember the most important number in mathematics, which according to her was pie.
1:41.3	I was going to say, is that pie? Yeah, pie. So anyway, but when my youngest...
1:48.0	It's kind of a cool birthday, actually, when you think about it.
1:50.0	Fine, yeah.
	...

Transcript will be available on the free plan in -53 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Allworth Financial, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Allworth Financial and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.