EPISODE · Aug 7, 2021 · 52 MIN
A half-trillion-dollar wipeout
from Money Matters by Allworth Financial · host With Scott Hanson and Pat McClain
On this week’s Money Matters, Scott and Pat discuss China’s crackdown on technology and education companies and how that hurts American investors. Scott and Pat advise a caller inheriting $600,000 who wants to know how he should invest the money to help his grandchildren and a favored ministry. A man with $2.5 million in savings asks if he can afford to retire comfortably and still maintain his standard of living. A retired caller who saved $1 million in traditional IRAs asks if a Roth conversion is a smart move. Finally, a saver who is helping his mother and sister financially asks when he should take Social Security. Ask a question by emailing Scott and Pat at [email protected].
What this episode covers
On this week’s Money Matters, Scott and Pat discuss China’s crackdown on technology and education companies and how that hurts American investors. Scott and Pat advise a caller inheriting $600,000 who wants to know how he should invest the money to help his grandchildren and a favored ministry. A man with $2.5 million in savings asks if he can afford to retire comfortably and still maintain his standard of living. A retired caller who saved $1 million in traditional IRAs asks if a Roth conversion is a smart move. Finally, a saver who is helping his mother and sister financially asks when he should take Social Security. Ask a question by emailing Scott and Pat at [email protected].
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A half-trillion-dollar wipeout
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