Annuities, Balloon Payments, and Red Flags
On this week’s Hanson McClain’s Money Matters: a call from a 62-year old who bought an annuity, and may have made a big mistake. A dutiful saver wants to know if she’s accumulated enough money to retire. Later, a call from business partners impatient for their balloon payment. Finally, the mother of a deceased soldier has been treated questionably by her financial advisor.
Annuities for retirees, and a heartbreaking call from a woman whose military son died, and who may have lost the insurance money to a self-serving advisor.
If you have a question for Scott or Pat, you can call 1-888-2-HANSON (1-888-242-6766), or you can submit a question at email@example.com at any time to be featured on a future show.
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.
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