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Financial and retirement planning guidance from the team at Mercurio Wealth Advisors in Louisville, Kentucky. Join Chief Financial Advisor Alan Mercurio and Senior Wealth Advisor Troy Bolton each show for helpful conversations about money, life, and retirement. Step into the Retirement Coach's Corner to learn about 401(k)s, IRAs, income planning, investing, and so much more.

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Feb 2, 2024

We’ve all heard the apocalyptic predictions about Social Security, the national debt, and other major issues that are supposed to sink the economy. Do any of these predictions have merit in the years ahead? In this episode, we’ll try to separate sensationalism from reality.

In a world constantly buzzing with economic uncertainties and sensational headlines, Alan and Troy step in as your reliable guides to navigate the noise. Join us as we cut through sensationalism to uncover the truth behind these predictions and ensure your financial playbook is ready for whatever the future may bring.

 

Here are the predictions we discuss in this episode:

  • “Social Security is going broke and they’re going to have to cut everyone’s benefit.”
  • “The national debt is out of control and tax rates are going to go through the roof at some point.”
  • “Climate change is a serious problem, and our economy needs to be overhauled in order to deal with it.”
  • “Runaway inflation will rock the economy for years to come.”

 

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