The Alpha Wealth Hour

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, inflation will just not stop. It’s certainly not going the way the Fed was hoping, and inflation seems to be rising all over the world. Ilyce and Tom address this unsettling time, and whether it’s really causing people who were going to retire in the next year to rethink that option.

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!

For people with retirement accounts, there may be the question of whether their retirement investments are playing out or if the current market status is just a blip. Ilyce and Tom dive into the cavalier term of “blip” and how no one truly knows where the market will end up.

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!

Interest rates are going up and Jerome Powell announced a huge increase in the federal funds rate this year, taking the target rate up to somewhere between 3% and 3.25%. With so much uncertainty and wild swings in the marketplace, Ilyce and Tom address how much people should set aside in order to be able to retire.

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!

Although gas prices are falling, the markets are reacting badly to the current inflation rate of 8.3% while the Fed is expected to raise rates at least 75 basis points. Ilyce and Tom talk about what they are hearing from clients and what advice is being given to help react to the economic situation.

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!

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.