Money Matters: March 10, 2018
- Stanford Center on Longevity: Introduction 2:45
- What should I do with my home in retirement? 10:17
- I have an old life insurance policy, should I cash it out? 17:23
- Stanford Center on Longevity: Social Security 30:06
- When can I start collecting on my husband’s Social Security? 32:54
- How can I avoid capital gains tax when I sell stocks? 42:04
- Stanford Center on Longevity Study: Living Expenses 49:33
On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about a new study on retirement income decisions from Stanford’s Center on Longevity.
Scott and Pat take a call from a man who wants to know if he should purchase a retirement home in Nevada now and rent it for two years until he is ready to retire. A woman who has a whole life insurance policy wants to know if she should cash out the policy or hold on to it. A recent widow is calling to determine at what age she can start collecting on her husband’s Social Security benefit. Lastly, a caller wants to know how he can avoid capital gains taxes when selling company stock he inherited.