The three things you need to know

This week on Retirement360 MWA advisor Alan Mercurio and host, Randy Cook take on three of the biggest concerns facing retirees today: Social Security, taxes and advisor fees. An easy way to maximize your SSI benefit is to simply wait it out and withdraw as late as possible. However, waiting until you are 70 is not always the best option for some families. Alan and Randy tackle the thought process of selecting the best approach to start receiving your benefits. As April 15th approaches, many families are filing taxes and meeting with their CPAs. Do you have a "Tax Bomb" lurking in your accounts? What might a traditional IRA, savings bond and your home all have in common? Tune in to find out! Did you know that someone who pays a two-percent fee on their 401(k) will run out of money ten years sooner than those who pay a one percent fee?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.