On this week’s Money Matters, Scott and Pat revisit some of the best calls from the year before moving on to discuss the long-term impact of the Federal Reserve’s quantitative easing program.
Scott and Pat advise a 401(k) saver who is considering reducing her investment risk because of high stock valuations. A soon-to-be retiree asks if she should cancel her life insurance policy. A caller asks if he can afford a condo in Thailand. Scott and Pat advise a caller with $760,000 in retirement savings about how to pay home improvement expenses. A military service member wants to know if she should purchase four years of airtime on her pension. Finally, Scott and Pat speak with a caller who put the home of his 103-year-old mother-in-law in his name and wants to know if he’s on the hook for capital gains.
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