Earnings Rise, Stocks Stumble

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.Retirement 360 is a Sunday morning radio tradition in the Louisville, Kentucky area, running for well over a decade. Alan Mercuio and Troy Bolton of Mercurio Wealth Advisors take a look at economic issues and topics related to retirement planning, as well as educating listeners to help prepare them for their post-working years, whatever they may have in mind for them.