Is Another Recession Coming? Are You Protected?

Is another recession coming? How can you protect yourself? A new study from Allianz Life says that 48% of middle class americans fear a major recession, which is higher than it was last quarter. What are you doing to prepare? The Street is calling for a "Target Income Fund" to be created, but what does it do? Alan walks us through what the creation of the fund would accomplish and how it would benefit investors already in retirement. If you had at least a million bucks in your various accounts, would you consider yourself to be “wealthy”? Ameriprise Financial put that question to a group of people who each have between one-and-five million dollars…and the overwhelming majority (83%) said they don’t feel wealthy. Why do you think that is?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.