2/6/2016 – Dangers of Variable Universal Life Insurance, investing at an advanced age, and paying for long-term care

On this week’s Hanson McClain’s Money Matters: The episode begins with a question about the dangers of Variable Universal Life insurance as an investment option. Next, we take a call about investment options for an elderly person that just came into a large amount of money. Lastly, a question from someone asking about buying an annuity for their 90-year old mother as a way to pay for long-term care.   Scott Hanson and Pat McClain have been hosting Hanson McClain’s Money Matters radio show for over 20 years, and have answered questions from thousands of callers on a variety of financial topics.    Ask a question at moneymatters.com, or email Scott and Pat at [email protected].