WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

Fidelity says the number of people who have 1 million dollars in their 401(k) accounts is down almost 30% and people who have a million dollars are probably close to retirement. Ilyce and Tom discuss risk management and how people can “de-risk” their 401(k) so they aren’t just going up and down with the stock market.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

Cleveland Federal Reserve President Loretta Mester said this week she sees interest rates rising considerably higher before the central bank can ease off in its fight against inflation. With the potential of interest rates staying above 4% through 2023, Tom and Ilyce discuss how that might change advice they give people regarding inflation, spending during retirement or even investments.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

A new survey by the Alliance for Lifetime Income found that nearly four in five financial professionals have changed their approach to retirement planning in the last year. Ilyce and Tom discuss why the change and how influential inflation has been part of it.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

With the stock market up from the low yet still down 10-20%, new construction has fallen 8%, existing home sales stalled, and the recent news that the GDP was negative in Q2, Ilyce and Tom question whether the country is in a recession.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

So with inflation rising, the Federal Reserve Bank is also raising interest rates. Considering that some experts believe the Fed will raise interest rates 3 more times this year, Ilyce and Tom discuss how you should think about rising interest rates and your money?

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

So, the crypto market has basically imploded. Ilyce and Tom talk about the effect inflation is having on the crypto market and where it’s headed. Then, they discuss what kind of dashboard readings help indicate if someone’s on the road to financial independence while planning retirement.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

People are very nervous about the stock market and its impact on their retirement picture. With this in mind, Ilyce and Tom talk about what history tells us about what happens in a bear market. Later, they talk about some surprises that could deplete your Social Security benefits.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

The stock market has been doing wild swings again, as the Federal reserve grapples with bringing down inflation, and there’s real pain out there for retirees who are living on a fixed income. This week, Ilyce and Tom talk about what to do if you’re living on a fixed income and inflation is going through the roof.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more!

Early retirement may still be a dream for many, but it comes with risks. And an article from CNBC says the earlier you retire, the greater the risks. Ilyce and Tom discuss what to consider when it comes to determining whether a person and their money are ready to retire. Later on, they dive into recent changes to the rules governing financial aid and the ability for grandparents to help with their grandchildren’s college education.

If you’d like to get involved with the show, call 630-934-1855. A member of Tom Fortino’s group will get back to you.