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Allworth Financial‘s Money Matters

Why retirees return to work, the current state of the economy, and a mortgage payment puzzle.

Allworth Financial‘s Money Matters

Allworth Financial

Investing, Business:investing, Business

4.9782 Ratings

🗓️ 2 September 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

On this week’s Money Matters, Scott and Pat discuss why so many people who voluntary left the workforce want jobs again. Allworth Chief Investment Officer Andy Stout joins the show to examine whether the Federal Reserve will raise interest rates for a 12th time in 18 months. Then, Scott and Pat help a caller create a strategy for taking distributions from several retirement accounts. Finally, a retiree and great saver asks whether she should be making extra mortgage payments.   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? Whether it's about retirement,

0:19.1

investments, taxes, or 401ks, Scott Hansen and

0:22.6

Pat McLean would like to help you by answering your call to join Allworth's Money Matters.

0:27.6

Call now at 83399 Worth. That's 83399 WORTH.

0:35.4

Welcome to Allworth Money Matters. I'm Scott Hanson.

0:38.2

I'm Pat McLean.

0:39.1

Glad you are with us today as we're talking about financial matters, both myself and my co-host here.

0:44.0

We are both practicing financial advisors helping people like yourself throughout the week, broadcasting this program on the weekends.

0:52.4

Yes.

0:53.2

Although taping it, I don't know what we call still taping, but we're taped midweek.

0:57.8

Yes.

0:58.5

The studio.

0:59.3

In the Allworth studio.

1:00.9

Yes, in beautiful Folsom, California.

1:03.1

That's correct.

1:03.8

And anyway.

1:04.6

Made famous by Johnny Cash playing one concert here at the prison.

1:10.5

Well, I was. Where was?

1:10.9

I was out of town somewhere a few weeks ago.

1:12.6

It went in some of the Folsom.

1:14.2

Isn't that where that singer, the guy in black,

1:16.2

the guy always wears black, they couldn't remember his name.

...

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