Uncle Sam And His Retirement Plan

Have you heard about Uncle Sam and his retirement plan? Here's a hint - he doesn't retire when you do. Your taxes are essentially Uncle Sam's "retirement plan" and when you retire, you only keep on paying them. Alan talks a bit about paying taxes in retirement and how to factor them in to your anticipated retirement income. Does it make sense to convert your Traditional IRA to a Roth IRA? What are the pros and cons of doing so? Tons of "baby boomers" are at a stage in their financial life where they're considering this but might not be aware of all of the benefits of doing so. Alan talks a bit about the benefits behind converting over to the Roth IRA to help settle this debate once and for all.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.