Retirement 360

Today Alan and Troy talk about the process they have created to develop a retirement plan that addresses all five main areas - income, growth, health care, protection and estate and legacy planning.

Today Troy takes a look at options you have regarding IRA and 401K accounts, as well as requirements depending on the type of account you may have.

Alan and Troy first go over a checklist you can use to make your final moves with financial issues for 2022, then they tackle the challenges of making your money work and last throughout your retirement years, especially as it concerns longevity and health care.

This show takes another look at the local pension issues that potential retirees need to make timely decisions on. Plus segments on getting to know the backgrounds of both Alan Mercurio and Troy Bolton.

You need the right tools for various things around the house - and you also need the right financial tools for a solid retirement plan. Today Alan and Troy talk about what some of those tools are, including instruments to provide income like Social Security and more. They also discuss their Retirement 360 Game Plan, which puts all the elements together for your specific retirement needs.

Pension plans in the Louisville area may see reduced payout rates come the start of December, and you may have options now that could benefit you. Alan and Troy discuss how the current rate changes affect these plans and what you can do to maximize your benefits. They also look at five important retirement general questions.

In the introductory segment, Alan fills us in on his background in financial services and some of the history of Mercurio Wealth Advisors. Later he and Troy revisit some topics everyone needs to have on their retirement planning checklist.

For years the 60-40 rule was applied to stock portfolios for income, with a mix of 50% stocks and 40% bonds. But in this environment with stocks in bear market territory and bonds falling as interest rates rise, neither one is providing the performance necessary for retirement income. Today Alan and Troy look at how this happened, and make suggestions on how to work around these factors to create an income strategy that fits your budget and your lifestyle.

Planning for taxes, income and health care/long term care are the three hot button topics when it comes to retirement planning. Today Alan and Troy discuss these areas and strategies you can use when putting a retirement plan together to make sure these important areas are covered.

When retirement time comes, it may also be time to get rid of things you have held onto for years that may not serve a purpose, or are no longer needed. Today Alan and Troy discuss this process and how to organize financial records that need to be kept to be sure they are available. It also comes in handy when making a retirement financial plan and also a legacy plan for the things you not only want to keep, but to pass on to the next generation.

Today Mark Elliott takes over as host of the program, and he and Alan take a look at what money can mean in an emotional sense. The show is based on the book The Psychology of Money by noted financial author Morgan Housel.

What does it mean to be financially healthy? Today Alan and Troy go over some things you need to take into consideration during a financial check-up to make sure you are actually ready to retire in terms of your money being able to sustain you through those non-working years.

That's exactly what Alan does in this episode - talks about ways in which tax planning strategies could possibly lower your tax bill in the future, as well as keeping on top of your taxes all year round instead of just at the beginning of the year before filing your return.

For people who own a small business, retirement is a trickier proposition, especially when they are putting extra money back into the business instead of into retirement savings. Today Alan and Troy discuss options available for small business owners, whether it be a savings plan developed specifically for small business or a succession plan to determine what happens to the business when the owner is ready to retire.

Inflation is one of the biggest topics of the year in the financial world, and it is affecting people's retirement plans. Alan and Troy have tips on how inflation can be accounted for in a retirement plan as well as how to save more to be sure funds are there to help cover higher future costs.

There is no way to truly prepare for something as the death of a spouse. But you can take steps to make sure the surviving partner will know where financial information is available. Alan and Troy discuss what those are whether you do or do not have a financial advisor.

First, Troy looks at the summer travel season and how people's plans may have changed due to the economy and inflation right now. Then Alan looks back at how retirement planning is different now than it was even 30 or 40 years ago, and the different savings vehicles and options available to help the money you've saved provide you with what you need for retirement.

Alan and Troy begin by discussing financial headlines for the week, then take a look at three big topics for anyone's retirement planning list - income, taxes and health and long term care.

First, Troy takes a look at financial headlines. Then Alan discusses the tools, or strategies, that can be used in creating a personalized, written retirement plan for the specific needs of any individual or couple.

Troy talks financial headlines as well as gives a final update on the July 14th mid-year outlook event hosted by Mercurio Wealth Advisors. Then Alan discusses the different financial instruments, or tools, that can be used to create your Retirement 360 Game Plan