Financial Insanity w-Scott McLean

This is Financial Insanity w-Scott McLean.  Today's show is income vs growth.  It's a deep dive into income vs. growth investing. Which of these investment strategies is right for you?  You need to make an important decision.   Either approach can be effective for generating good investment returns. But, picking the right strategy depends on your objectives.  Scott says seniors are making this big...

This is Financial Insanity w-Scott McLean.  Today's show is end of year prep.  The end of 2024 is getting closer.  But, there's always more work to do before you ring in the new year.  What are the things you can do to be better off financially.  It all starts with taking a trip and reviewing your finances.  Plus, how do you downsize in retirement?  Decluttering is key.  You can declutter your fin...

This is Financial Insanity w-Scott McLean.  Today's show is what's inside your income toolbox. It's all about building a stronger portoflio one tool at a time.  It takes a lot of financial tools to keep your finances on track.  A big discussion today is corporate bonds.   Plus, bricks are changing the way countries play the money game.  What are bricks and how are they affecting the American dolla...

This is Financial Insanity w-Scott McLean.  Today's show is what is bric currency.  They actually can change the money game.  Learn why these countries are using this currency and how it can make trading easier.  It's simply adding another controller into the currency game.  Plus, now that we know who is the next president.  How will the new administration affect taxes, the economy, inflation and...

This is Financial Insanity w-Scott McLean.  Today's show is your portolio safe.  We all might think our portfolios are safe.  But are they really or are we just riding a risk roller coaster?  Most people are unaware and seniors are making a mistake.  What is it?  Plus, Scott will look at the new presidential adminstration and take a deep dive into how it will affect investments, taxes, the economy...

This is Financial Insanity w-Scott McLean.  Today's show is new era of financial confidence.  Now that we know who the next president will be, how will the new administration affect your portfolio, taxes, estate plans and how you make the most of these changes.  Plus, Scott helps you keep your money safe from the traps and pitfalls of financial planning with his book 'Three Blind Mice'.  He says y...

This is Financial Insanity w-Scott McLean.  Today's show is retirement missteps and veteran's benefits.  When planning for retirement, are you confidient that you are not making any misstakes?  Would you like to know more now so you don't have a painful lesson in the future?  There are five common mistakes retirees make before entering retirement.  It all starts with a fully mapped out strategy. ...

This is Financial Insanity w-Scott McLean.  Today's show is mistakes to avoid in retirement.  There are seven of them and could derail your future.  Plus, it's in an depth look at your finances with an evaluation of where most Americans are currently and what's coming financially in the future.  With the end of year approaching, it's important to review your finances from the past year and make ne...

This is Financial Insanity w-Scott McLean.   Today's show is protecting yourself from fraud.  You need to know how to spot and avoid common scams and fraud, such as identity theft, imposter scams and other scams targeting victims, especially seniors.  Plus, medical bills can knock you off your feet both physically and financially. But, you need to plan for medical expenses, it's a reality.  Why is...

This is Financial Insanity w-Scott McLean.  Today's show is election reaction.  Now that the election is over, it's going to affect your financial future.  One key area affected is money and taxes.  Your financial advisor should be looking at this.  Another key area is inflation.  Will it get better?  Plus, a discussion of retirement's complex legal and tax issues. 

This is Financial Insanity w-Scott McLean.  Today's show is income growth in retirement.  It's a topic most people forget about.  It's great to grow your money, but there is a shift when you get to retirement and you need to figure out an income plan pre-retirement because you won't have those checks coming in anymore.  Scott starts with investing for income vs investing for growth.  There is a di...

This is Financial Insanity w-Scott McLean.  Today's show is election on the horizon.    With the election upcoming, there are some things to be thinking about: the stock market, the current interest rate enviornment and most of all your investments.  Plus, there is a mistake many Americans make when rolling over a 401k into an IRA.  1 in 4 people are making this mistake during the investment proce...

This is Financial Insanity w-Scott McLean.  Today's show is retirement challenges for women.  It's statistically true that women outlive men. That means women will be taking over the finances.  It can be confusing and scary.  The challenges begin with adjusting for financial change when an additional income isn't there and what decisions need to be made to better the future,   Plus, every parent w...

This is Financial Insanity w-Scott McLean.  Today's show is avoiding scams.  We live in a technological world.  We also live a world with cyber crime.  Get the knowledge to shield your lifes work, protect your savings and your identity.  Plus, there are six questions to figure out how much you need in retirement.   The biggest one you should ask yourself:  how much are spending currently?  For a s...

This is Financial Insanity w-Scott McLean.  Today's show is 3 blind mice and mailbag questions.  Scott is here to keep your money safe from the financial traps and pitfalls of financial planning.  That's why he wrote the book '3 Blind Mice'.  He breaks down the first chapter of the book and helps you avoid the daunting disaster of probate, ensure your family avoids unnecessary chaos and family squ...

This is Financial Insanity w-Scott McLean.  Today's show is retirement challenges for women.  It's statistically true that women outlive men. That means women will be taking over the finances.  It can be confusing and scary.  The challenges begin with adjusting for financial change when an additional income isn't there and what decisions need to be made to better the future,   Plus, every parent w...

This is Financial Insanity w-Scott McLean.  Today's show is income vs growth.  Scott is helping you navigate your investment choices with the topic today: income vs growth.  The goal is to grow your money.  But there is a shift when you get to retirement and it's all about income.  How can you investment for income vs growth, what's the difference and which is right for you?

This is Financial Insanity w-Scott McLean.  Today's show is the income toolbox corporate bonds.  Interst rates are on the move again.  What does this change mean for you, your investments and retirement?  The income toolbox is all about building a stronger porfolio one tool at a time.  Corporate bonds are important.  Plus, hat's the difference between corporate bonds and bond mutual bonds?

This is Financial Insanity w-Scott McLean.  Today's show is will you have enough for retirement.  How much income needed in retirement isn't a clear answer.  It's a unique situation for everyone.  There are some questions that can help you plan for reitrement.  Plus as technically increases, so does cybercrime.  You'll get armed with knowledge on the scams impacting and preying on victims so you c...

This is Financial Insanity w-Scott McLean.  Today's show is time machine to 1990.   Scott talks about financial regrets that many Americans share.  Retirees regret that made some mistakes prior to retirement.  The biggest regret, not saving enough or not starting early enough.  Plus when planning for retirement, are you confident you're not making any mistakes? Learn more now so you don't have apa...

This is Financial Insanity w-Scott McLean.  Today's show is your portfolio safe.  It's a deep dive into the chaos of the stock market and turn into a clear patch for your financial future.  Are portfolios really as safe or are we just riding a risk rollercoaster?  Plus, medical bills can happen and it needs to be considered.  Mae a financial plan for the worst and hope for the best.

This is Financial Insanity w-Scott McLean.  Today's show will you have enough for retirement. Income needs are unique to each person or couple.  There are some questions to help you plan for retirement, like how much are you spending, are family issues affecting your spending and will your taxes be higher or lower in retirement?  Plus as technology increases, cybercrime does too.  Get the knowledg...

This is Financial Insanity w-Scott McLean.  Today's show is are you ready to retire.  After years of hard work, you're certainly entitled to a happy retirement. You may have already started daydreaming about it, at least a little.  How do you know when the timing is right? There are signs that indicate you're ready to retire.  Regardless, what you do next is critical to your long-term success. The...

This is Financial Insanity w-Scott McLean.  Today's show is investing income vs growth.  It's all about helping you to navigate investment choices.  The goal is grow your money.  But there is an income shift in retirement and income is important.  How do you account for the income shift when you don't have the paychecks coming in anymore? 

This is Financial Insanity w-Scott McLean.  Today's show is protecting yourself from fraud.  As technology increases, so does cyber crime.  Scott will teach you how to spot and avoid common scams and fraud, such as identity theft, imposter scams and other scams targeting victims, especially seniors.  Plus, medical bills can knock you off your feet physically and financially.  You need to plan for...