Retirement 360

On this Father’s Day, consider this: “My father had taught me – mostly by example—that if a man wanted to be in charge of his life, he had to be in charge of his problems.” The line comes from Joyland, a novel penned by one of the famous masters of horror, Stephen King. A father of three himself, King’s characters are known for facing down their problems—albeit often in the form of a killer clown or murderous Plymouth Fury.

Most of us grew up with a father that was a solid rock to rely on when bills started piling up or life problems seemed endless. We carry this idea of our father with us throughout our lives, and ask for their sacred armchair wisdom even into our adult years (but not when the big game is on, of course.)

This week on Retirement 360, Kentuckiana’s Retirement Coach Alan Mercurio and wealth advisor, Troy Bolton will be discussing how taking this lesson passed on by our fathers can have a huge impact in the financial world. When you start looking at retirement, it can seem overwhelming—but with the right team behind you, any problem can be tackled. Social security, income streams, taxes, expenses, and a whole host of other issues can spring up when you’re getting a plan together.

The solution?

Just what your dad taught you: don’t bury your head in the sand hoping it will go away—face it head-on.

With summer finally here after our extended winter season, most of us are hitting the lake or hopping on an airplane to far-off lands (or Florida, which we’ll still say is far-off.) Have you ever thought about how much planning really goes into a vacation? There’s tickets to buy, suitcases to pack, pet sitters to arrange, and a whole host of to-do activities before you can set off. Whether you’re a fit-it-all-in-one-backpack type or playing Tetris to fit all 6 of your suitcases into your car’s trunk, all of us have a game plan for our getaways.

This week on Retirement 360 with Kentuckiana’s Retirement Coach Alan Mercurio and Wealth Advisor Troy Bolton, we’re going to discuss how planning for retirement is just like planning for a trip. This week it’s all about budgets—and if thinking about the differences in a pre-retirement versus retirement budget haven’t crossed your mind, this is the show for you.

Having a firm idea of your monthly expenses will ultimately make sure that you’re not running out of money in your golden years. While the rule of thumb tends to be that you need to replace 70% of your working income in retirement, in reality this varies greatly. After all, if you’re needing every dollar out of your paycheck right now to meet ends meet, you’re probably going to still be in the situation during your retirement years. On the other hand, if you’re squirreling away money constantly, you can probably be a little lax about making sure your retirement income matches your paycheck.

"An investment in knowledge pays the best interest. "

-Benjamin Franklin.

Education is paramount as you begin and maintain your retirement planning. The more you can learn, they better you and your family can better prepare.

This week's radio show will feature MWA advisor's Alan Mercurio, Troy Bolton and also host, Tony Vanetti as they discuss how to avoid the “tax time bomb” with your investments. At what age should you begin your retirement planning? And, preparing for the shift from working full time to full time retirement.

"An investment in knowledge pays the best interest. "

-Benjamin Franklin.

Education is paramount as you begin and maintain your retirement planning. The more you can learn, they better you and your family can better prepare.

This week's radio show will feature MWA advisor's Alan Mercurio, Troy Bolton and also host, Tony Vanetti as they discuss how to avoid the “tax time bomb” with your investments. At what age should you begin your retirement planning? And, preparing for the shift from working full time to full time retirement.

"Everything old is new again." This week's radio show will feature a "Best of Retirement 360" highlights with MWA advisor's Alan Mercurio, Troy Bolton and also host, Tony Vanetti.

They discuss the importance and need for a financial advisor, that just maybe following your parent's advice on financial issues may not be the best idea, how to navigate volatility, and what you can expect with the 2018 tax plan - will filing actually be easier?

The stock market can be a complex creature to understand. You might have incredible gains for a few years, and then suddenly in a few months you’ve lost all that success through a bad market. There’s an old saying that paints the market as an escalator, steadily climbing in the good years….yet it may suddenly transform into a plummeting elevator, ruining all the upward progress you just had.

This week on Retirement 360 with Kentuckiana’s Retirement Coach Alan Mercurio and Wealth Advisor Troy Bolton, we’re going to discuss how having your entire nest egg on that upward elevator might seem like a good idea…until it all inevitably takes a trip downwards. Have you examined your accounts to see what risk level your retirement is sitting at—and if so, is that risk level you’re at now a solid choice for you in the long run?

Do you know what options you can use to diversify your portfolio, mixing some riskier moves alongside secure investments?

Humorist Erma Bombeck once penned in her weekly newspaper column that, “When your mother asks, ‘Do you want a piece of advice?’ it is a mere formality. It doesn’t matter if you answer yes or no. You’re going to get it anyway.” As many of us celebrate our mothers this coming Sunday, think back to a time you received motherly words of wisdom—requested or not. Insight given across the dinner table or yelled from wooden porches as streetlights began to brighten can stick with us for decades, and might even have a place in your retirement planning.

This week on Retirement 360 with Kentuckiana’s Retirement Coach Alan Mercurio, we’re asking our listeners to think back to the financial lessons handed down by mothers. Women entering motherhood find themselves in a variety of financial circumstances. Some choose to stay-at-home to handle childcare, while others dually juggle being a full-time mom and holding a full-time job in the workforce. Some take the lead on financial matters, while others prefer to shift their focus elsewhere. No matter what role your mother chose for herself, most adults report that their mothers passed three core financial lessons to their children: pay your bills on time, don’t gamble away the roof over your head, and slow-and-steady trumps get-rich-quick every time.

With Derby right around the corner, many of us will spend this week gearing up for the big show on Saturday—even if all that means is sipping on Mint Juleps and eating Derby pie at in front of your TV. Thousands both on and off the track will be watching to see which swift equine competitor will be the first to cross the finish line.

One thing you can be sure of regardless of where you watch is that the participants—both horse and human—have put in hundreds of hours in training, planning, and commitment just to get a place in the gate. Derby horses, after all, only get one shot to win the roses when they are three-years-old. Believe it or not, this is a lot like your retirement!

This week on Retirement 360 with Kentuckiana’s Retirement Coach Alan Mercurio and wealth advisor Troy Bolton, we’re going to be discussing why not putting in that same dedication and focus towards your retirement may land you in last place. Even if you’ve got a million dollars sitting in your nest egg, that doesn’t necessarily guarantee a worry-free retirement if you’ve got no plan to support it. Knowing how to go about diversifying your portfolio, strategizing your social security benefits, and keeping your expenses in check with inflation are all crucial points that you must account for.

Founder and President, Alan Mercurio speaks with the host, Tony Vanetti. They cover topics like following the same financial footsteps as your parents, filing taxes, creating a secure plan that strikes back at volatility, and what to expect for healthcar costs.

Think of all the times you've put together a plan. Small things need a plan--a house project you swore you'd get to next summer, a fancy cake to impress your family at Thanksgiving. I'm sure you planned for the bigger tasks in life as well-what career you wanted, when to buy a house, whether to have kids or not.

Did things always go according to the plan you originally set out? For most of us, the answer is a resounding, "No." What if you landed your dream job and ended up discovering you fit better elsewhere? Maybe the fancy cake ended up tasting awful, and you had to go back to the drawing board before placing it on the table. In short: life happens, plans change.

This week on Retirement 360 with Kentuckiana's Retirement Coach Alan Mercurio and Wealth Advisor Troy Bolton, we're going to be discussing how your retirement might face challenges even once you've gotten a plan together-but how you can be ready to face them. If you avoid adjusting your plans for what life throws at you, you'll only end up regretting it once you're farther down the road. Whether it's figuring out a plan for your 401(k) in a shaky market or answers on how new tax laws might affect your retirement paycheck-we've got you covered.