Hanson Mcclain's Money Matters

Ballooning national debt and the risk to retirees

Informações:

Synopsis

On this week's Money Matters, Scott and Pat discuss the reasons why America’s rapidly growing debt could hurt retirees. Scott and Pat advise a caller with $3 million in savings about keeping a long-term care insurance policy. A retired public employee asks how the Windfall Elimination Provision will affect his Social Security benefit. A caller with $4 million in retirement savings asks if he needs an annuity. Scott and Pat speak with a duplex owner, making $130,000 a year, about potentially selling his property. Finally, a caller asks if he should invest in cryptocurrency. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.