Retirement 360

Never promise more than you can perform. - Publilius Syrus

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Sounds reasonable, right? If you promise a friend the wedding cake of their dreams but show up with a box of lumpy cupcakes and a faltering smile…someone’s not going to have a good day. Ever been on a trip and the driver assures you that they “know a shortcut” to bypass traffic that ends up getting you three hours off-schedule? Maybe you’ve taken on a big project at work before, confident that you could exceed expectations, but slowly find yourself struggling just to keep your head above the sea of work you’ve stranded yourself in. The problem across the board in these scenarios? Someone promised more than they could guarantee—and disaster resulted for all parties involved. Promising more than what can be delivered is a trend we see time and time again in the financial world, especially when it comes to pensions and 401(k)s. This week on Retirement 360 with Kentuckiana’s Retirement Coach Alan Mercurio, we’re going to be discussing how both of those income streams come loaded with potential problems for retir