The Retirement Matters Show with Dale Smothers

On this episode of the Retirement Matters Podcast, we tackle one of the most timely and pressing global events: the recent attacks by Israel on Iran—and what it could mean for the markets. This conversation explores how geopolitical conflict, especially in the Middle East, can impact investors and shape short- and long-term market trends. Depending on when you're listening to this, the situation may have evolved—but the key question remains: how should investors respond in times of global uncertainty? We break down three possible outcomes of this conflict, including the potential for U.S. involvement, strategic military responses, and the economic ripple effects of each scenario. History shows us that global tensions can create both risk and opportunity in the financial markets. The goal of this episode is to help you understand those dynamics and make informed, confident decisions, even in the face of uncertainty. At RDS Wealth, we believe knowledge is power, and understanding how the market reacts during international conflict is essential to building a resilient retirement strategy. Our team is here to help you Retire the Way You Desire! Give us a call at 270.600.PLAN or schedule a conversation here: https://rdsmotherswealth.com/contact/ 📩 Have a question or a topic you'd like us to cover? Email us at [email protected] Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we explore the top five fears many retirees face and how to confidently overcome them. Based on insights from a recent AARP article, this conversation covers both the financial and emotional challenges that often arise as retirement approaches. We explore how fear can keep retirees from truly enjoying the life they've worked hard to build. Unfortunately, many people let fear stop them from stepping fully into retirement with confidence and purpose. At RDS Wealth, we believe in living happy in retirement and retiring the way you desire. Tune in now and take the first step toward a more confident, fulfilling retirement journey. AARP article: https://www.aarp.org/money/retirement/conquer-your-retirement-fears/ Our team is here to help you Retire the Way You Desire! Give us a call at 270.600.PLAN or schedule a conversation here: https://rdsmotherswealth.com/contact/ 📩 Have a question or a topic you'd like us to cover? Email us at [email protected] Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this week's episode of the Retirement Matters Podcast, we're tackling one of the most important questions you can ask: "Am I really on track for retirement?" While it might seem like a simple numbers game, the truth is — it's not just about math. There's an emotional side to retirement planning that often gets overlooked. If your retirement decision is driven entirely by feelings and not supported by a clear, well-mapped strategy, you could find yourself feeling uncertain, overwhelmed, or even regretful down the road. In this episode, we discuss: AI's impact on the American workforce How tweets can influence the stock market A client's question about market reaction to social media How to tell if you're on track for retirement Our team is here to help you Retire the Way You Desire! Give us a call at 270.600.PLAN or schedule a conversation here: https://rdsmotherswealth.com/contact/ 📩 Have a question or a topic you'd like us to cover? Email us at [email protected] Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we dive into an article from Schwab's Financial Research Center written by Rob Williams, CFP®, who at the time served as Vice President of Financial Planning at Charles Schwab. Rob outlines the three most common mistakes retirees make, and we break down each one while sharing how you can avoid letting these pitfalls sneak into your retirement strategy. Check out the full article: here! We'd love the opportunity to help you build your portfolio—and, more importantly, your Retirement Atlas™, a personalized plan designed to guide you through all Five Worlds of Retirement™. These three mistakes are just a few of the many challenges retirees may face, and our goal is to help you avoid not only these but also other common pitfalls that can quietly erode confidence over time. At the top of the show, we also share an update to our podcast review process. If you've been listening and haven't yet left a rating or review, we'd be so grateful if you did. Every review helps us reach more families—and with every life we touch, we move closer to our vision: a world where retirees live with confidence and use that freedom to enrich the lives of those around them. We believe a retiree who feels less stress about money can be more present—as a spouse, a grandparent, a parent—and that's exactly why we do what we do. 👂 In this episode, you'll hear: What Schwab's Rob Williams identifies as the 3 most common retirement mistakes Why these mistakes are so common—and how to avoid them How we help families build a plan using the Retirement Atlas™ Why your podcast review truly makes a difference 📩 Have a question or a topic you'd like us to cover? Email us at [email protected] Give our team a call at 270.600.PLAN! Or schedule a time to talk: here! Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we go into understanding where we are in the stock market, why we got here, and what moves you should be making. We also discuss the importance of working with the right advisor during your retirement income phase—and why it's not just about taking steps, but taking the right steps at the right time. This episode originally aired live on May 24th, so while some market data may have shifted, the core strategies and insights remain highly relevant. If you're approaching age 59½ or already over 60, this is a pivotal time to start mapping out your retirement income strategy—and we can help. To speak with our team, give us a call at 270-600-PLAN or visit rdswealth.com to schedule a free 15-minute phone consultation. Schedule a Call with our Team: here! As always, we welcome your questions and show topic suggestions. Reach out via phone or email us at [email protected]—your feedback helps shape future episodes. Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we start by sharing a powerful positive focus story—one of our advisors had a conversation with a young man that may have truly changed the course of his life. It's a reminder of how small moments can lead to major impact. From there, we shift gears and offer our market outlook for the rest of 2025—and yes, it's an optimistic one. At RDS Wealth, we remain bullish on America and confident in the resilience of the markets. If you're close to retirement or actively planning, this episode is especially for you. We break down timely, no-fluff strategies you should be implementing in your portfolio right now. From income planning to risk management, we provide actionable advice to help you stay on track and make the most of your retirement years. While this episode reflects today's market landscape, the core values we discuss—managing risk, avoiding unnecessary exposure, and creating a dependable income plan—are timeless. No matter when you listen, we're here to help you build your version of a Live Happy retirement. If you have questions about your portfolio or retirement plan, we'd love to talk. Reach out to us anytime—we're here to serve. If you found this episode helpful, please like, subscribe, and share it with a friend or family member. Let's help more people take confident steps toward living a retirement they've always imagined! Always remember to Save Money, Plan Well, and Live Happy in Retirement. Interested in our Retirement Readiness Class on May 27th? RSVP by calling 270.600.PLAN or emailing us at [email protected]! Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! Schedule a Call with our Team: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we take a thoughtful look at the Indexed Universal Life policy, often referred to as a "7702 plan." If you've been exploring retirement income strategies, chances are you've come across this type of plan. While it can be a legitimate tool in certain financial situations, it's important to understand exactly how it works—especially before making any long-term decisions. In this episode, we'll explain the structure of IULs, how they're commonly presented, and the key details that can make or break their effectiveness in a retirement plan. Not all IULs are created equal, and we'll walk through what to look for to determine if one has been properly designed for your specific needs. In the second part of the show, recorded live on May 10, we take a quick look at current market conditions as we head into mid-2025. These insights are always evolving, but if you're curious about how we approach market trends and corrections, this part offers some useful perspective. Finally, we wrap up with one of the most important segments: what to do after a market downturn. If you're nearing retirement—or already retired—and felt the impact of the recent April 2nd dip, this part is especially relevant. The steps you take now can help protect your long-term financial wellbeing. We hope you find this episode helpful and informative. If you have any questions about IULs, retirement income strategies, or navigating market volatility, we'd be happy to help. You can reach us anytime at [email protected]. And if you're enjoying the show, please consider subscribing, sharing, or leaving a review to let us know how we're doing! Interested in our Retirement Readiness Class on May 27th? RSVP by giving us a call at 270.600.PLAN or email at [email protected]! Always remember to Save Money, Plan Well, and Live Happy in Retirement. Join Our Newsletter: here! Visit Our Website: here! RDS Wealth Instagram: here! RDS Wealth Facebook: here! DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we explore what you should be doing with your 401(k) in light of the recent market downturn. Recorded and released on May 3, 2025—just after the April 2025 tariff war—this discussion comes at a time of significant market volatility. While the situation isn't fully resolved, we believe the worst may be behind us and a shift in momentum is underway. Whether you're approaching retirement or still years away, this episode offers practical guidance on navigating your 401(k) and broader retirement strategy during uncertain economic times. We also take a transparent look at how RDS Wealth is compensated, how we serve our clients, and why our fee structure is designed to align our success with yours. If you're thinking about retirement planning, investment management, or just want to make smarter decisions about your financial future, this episode is packed with actionable advice. Have questions after listening? Give us a call at 270.600.PLAN! Make sure to follow or subscribe so you never miss an episode. And if you're a regular listener, thank you! We'd appreciate your honest review and suggestions for future topics. Interested in our Retirement Readiness class on May 27th? Give us a call at 270.600.PLAN or email us at [email protected]! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Schedule a time with our team here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we take a deep dive into one of the most important questions when it comes to retirement: How Much Money Do I Really Need To Retire? Of course, the answer is different for every single person listening—but there are three very distinct steps you can take to start. These steps help you apply your personal situation to the bigger picture, and unless you walk through all three in the right order, it can be difficult to get real clarity on the number you need. There are other things that can impact your retirement plan—like rising taxes, inflation, or unexpected healthcare expenses. These are factors we can't always predict, but they do play a role. That's why it's so important to start with your income target, find the gap, and then build a plan around it. Once you understand those key steps, everything becomes much clearer—and that's exactly what we walk through in this episode. If you've never gone through this before, we recommend listening with a notepad. And if you'd like help making it easier, just give us a call at 270.600.PLAN. We love having you as part of the show, and we'd really appreciate your feedback. That includes subscribing, leaving a rating, and sharing your thoughts or questions. You can reach us at [email protected]—and let us know what you'd like to learn more about as we continue fine-tuning the podcast for our listeners. Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we take a deep dive into who we are as a firm, what we believe, and how we're compensated—offering you an inside look at our values and the way we work with clients. This wasn't the episode we originally planned, but it naturally evolved into a powerful and informative conversation that we're excited to share with you. If you've ever wondered what it's actually like to sit down with a retirement planning advisor—or what sets us apart from traditional growth-focused advisors—this episode will give you a clear picture. We walk through what we do for both new and existing clients, and how our approach can make a meaningful difference in your retirement journey. We hope you enjoy this episode of the Retirement Matters Podcast. If you find value in the show, please consider liking, rating, and subscribing. Sharing on your social media is greatly appreciated, and we welcome any feedback you may have. Thank you for tuning in! If you have questions, give our team a call! 270-600-PLAN We're here to help! Interested in our Social Security and Retirement Readiness Class on April 28th? Call 270-600-PLAN or email us at [email protected] to reserve your spot today! Our Kiplinger Article: Risk On, Risk Off: The Mr. Miyagi Approach to Retirement Planning Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we discuss some details about the Trump administration's plan to help write what they believe is wrong in the world. They've talked about the prosperity of the coastlines and the suffering of middle America—and one way they're trying to fix this is by pulling three different levers. We are on the second lever, which has to do with tariffs. As we record this live on April 12th, 2025, the U.S. is in an ongoing trade war with China, and so far, China isn't giving in. This has created market turmoil and a lot of fear among retirees watching their portfolios fluctuate. While this kind of uncertainty can feel overwhelming, we believe it may be short-lived—and that a V-shaped recovery is still possible. But what do you need to be doing specifically in these times if you are seeing your 401(k) suffer? We go into those three steps in detail, especially as you are approaching retirement phase. We hope you enjoy this episode of the Retirement Matters Podcast. If you find value in the show, please consider liking, rating, and subscribing. Sharing on your social media is greatly appreciated, and we welcome any feedback you may have. Thank you for tuning in! If you have questions, give our team a call! 270-600-PLAN We're here to help! Interested in our Social Security and Retirement Readiness Class on April 28th? Call 270-600-PLAN or email us at [email protected] to reserve your spot today! Subscribe to our YouTube channel here! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of the Retirement Matters podcast, my voice is certainly in bad shape—very similar to what the stock market's been doing lately. When this show aired, we had just seen a steep decline of about 7–8% over two days, following the announcement of the world tariffs by President Donald Trump and the retaliatory tariff from China on U.S. goods. The market took a big hit, and many retirees felt that pain in their 401(k)s. If this volatility is still happening as you're listening, you need to be aware of the steps you can take to safeguard against further losses. One of the biggest pieces is making sure you're ready to weather the storm—but also knowing where you're headed and how far you still have to go. It might be a wise time to take a close look at your portfolio and figure out three key things: How much income do you need? How much of an income gap do you have? And how should you be investing your money to make sure that gap is filled? If you're getting close to retirement, now might be a smart time to take some chips off the table—and we can help you with that assessment. Our team is here to support you if you're feeling uncertain or overwhelmed about your retirement. Don't go at it alone—give us a call at 270.600.PLAN, and we'll connect you with someone from our team. Enjoy the show! Interested in our Social Security and Retirement Readiness Class on April 28th? Call 270-600-PLAN or email us at [email protected] to reserve your spot today! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we dive into some critical issues currently facing America. We emphasize that such fluctuations are a normal part of the investing journey. The ups and downs of the market are inherent, and optimism remains at its core. Our mission is to help you build portfolios that harness this optimism by ensuring they are correlated with the stock market on the way up and strategically uncorrelated during downturns. At RDS Wealth, we specialize in designing portfolios tailored for clients entering the income phase of retirement—ensuring their money is there when they need it most, whether the market is thriving or struggling. This is all based on our "Risk On, Risk Off" approach, which you can learn more about in our recent Kiplinger article titled The Mr. Miyagi Approach to Retirement Planning . If you're familiar with the reference, you'll understand why we call it this—it's about balance, patience, and strategic timing. We hope you enjoy this episode of the Retirement Matters Podcast. If you find value in the show, please consider liking, rating, and subscribing. Sharing on your social media is greatly appreciated, and we welcome any feedback you may have. Thank you for tuning in! If you have questions, give our team a call! 270-600-PLAN We're here to help! Kiplinger Article: The Mr. Miyagi Approach to Retirement Planning Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

This week on the Retirement Matters podcast, we dive into one of the most crucial aspects of preparing for retirement—knowing what is enough. Think of it this way: You can't kick a field goal if the goalposts keep moving, and you can't score in basketball if the hoop is constantly shifting. The same goes for retirement—if we measure our readiness against a constantly moving horizon, we'll never feel prepared. Understanding what "enough" truly means is the first step in securing a confident retirement, and that's exactly what we explore in this episode. Before we jump in, a quick bit of housekeeping. If you find value in these discussions, we'd love for you to like, subscribe, and comment on the podcast. Share it with anyone who could benefit from solid retirement planning advice. If you'd like to speak with someone from our team, we're just a phone call away at 270-600-PLAN. You can also visit our website to explore the Retirement Atlas Toolkit and learn more about our firm. Additionally, if there's a topic you'd like us to cover, feel free to send your suggestions to [email protected]. We'll not only consider your request but also send a quick reply to let you know we've received it. Now, without further ado, let's dive into this week's episode: "How to Have and Keep Enough in Retirement." If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we discuss how rules change in retirement, one in particular that will greatly impact you if you're not aware of it and how you should be adapting your philosophies, your mindset, and your strategies in retirement investing to adapt to those new rules. The objective is clear - you need to win at this game called life and retirement is a part of that game! That day of retirement changes the rules and knowing what those are is one step further towards winning the game. Now, we want you to win, but we also want you to enjoy the journey and do it as efficiently as possible and if there's anything we could do to assist you along that journey, give us a call at 270-600-PLAN and we'll sit down. Without further ado, please enjoy this episode of the Retirement Matters podcast titled, The Rules of Retirement... How They Change and How to Adapt And if you are a regular listener, we would greatly appreciate an honest review, a rating, perhaps some stars, or even a share! If you have questions, give our team a call! 270-600-PLAN! We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we dive deep into a Cryptocurrency scheme that is sweeping across America. You're not going to want to miss this and know what to be on the lookout for if you are over the age of 60 and have ever Googled the words,"Bitcoin or Cryptocurrency." You are likely a target. We cover at the end of this show long-term care leveraging tools that you need to be aware of if you are trying to plan for end of life care and how to pay for those things. And at the very beginning, we drop a little bit of wisdom that was delivered from my eight-year-old, which you're about to hear and it is one that is not only good for life in general, it's good for building Legos as well as it is good for building retirement plans. So without further ado, let's jump straight to this week's episode titled, How to Pay For Long Term Care Expenses (And A Word Of Caution About The Newest Crypto Trading Scam). Enjoy the show! If you have questions, give our team a call! 270-600-PLAN! We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we dive into an important issue that affects all retirees: inflation and interest rates, and how they are connected in the current economic landscape. Please note, this episode aired live on February 22, before the Federal Reserve made any definitive announcements about raising interest rates. At that time, there was a lot of speculation about a potential rate hike to manage inflation. If you've been following the show for a while, you know I've never been a strong advocate for raising interest rates, and I've always believed they might have acted a bit prematurely. Whether it's due to conspiracy theories or various theories floating around, we now find ourselves at a crossroads. How the Fed responds could have significant implications for many retirees, and it's important to stay vigilant. That's where RDS Wealth comes in. We're here to help you navigate these uncertainties with tools like our Risk-On, Risk-Off Portfolio, which we briefly introduce at the start of this episode. We also explain where to find more details about this strategy in a recent Kiplinger article. A simple Google search will bring it up, as it's prominently featured on their site. In the final segment, we shift focus to discuss the differences between growth and income advisors, and why it's crucial to work with the right type of advisor based on where you are in your retirement journey. So without further ado, let's jump into this week's episode Inflation Again and What to do About it. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of the Retirement Matters podcast, we explore the current trade war and the reasoning behind the tariffs being imposed, offering insights from an American-first perspective. While the specifics of what is being targeted are debatable, the impact of these tariffs on your retirement and finances is clear, and we dive into that discussion. We also cover recent changes to Social Security, including the Social Security Fairness Act passed in early 2025, with a case study on how these changes will affect recipients. If you're unfamiliar with these updates, check out past episodes for more details. Additionally, I share a story about a client who is now able to fulfill her dream of retiring near her son, overcoming the challenges that once seemed insurmountable. The episode, titled "Trade Wars, Social Security, and the Relativity of Risk," discusses how the level of risk in your portfolio should align with your stage in retirement. Whether you're approaching retirement or already in it, the amount of risk you should take varies. I hope you enjoy the show—here's this week's episode of Retirement Matters podcast! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of the Retirement Matters podcast, we take an in-depth look at a case study to explore the impact of the Social Security Fairness Act on the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP). Using two hypothetical clients, Martha and George (names and numbers have been changed for privacy), we'll illustrate how individuals who haven't yet begun receiving Social Security benefits—due to these provisions—could be significantly impacted, both positively and negatively, if proper planning isn't done. The Social Security Fairness Act, which was signed into law on January 5, 2025, is set to be a major point of focus for retirement planners in the coming year to year and a half, especially as we gain more clarity on how the law will be implemented for the general public. If you need guidance navigating these changes, we'd love to help. Feel free to reach out to us at 270-600-PLAN to discuss your own retirement income strategy. Now, let's dive into this week's episode, titled George and Martha: A Social Security Case Study. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of the Retirement Matters Podcast, we're diving into listener questions and unpacking some key topics we've been discussing recently. If you've been following the podcast in order, you'll remember the recent updates on the Social Security Act—today, we go a little deeper into that. We also address some common concerns retirees often face, like navigating taxes, Social Security, healthcare, long-term care, and figuring out what steps to take next. Plus, we touch on what to expect from your retirement accounts this year. These topics and more are covered briefly in today's show, so stay tuned. Without further ado, let's jump into this week's episode, You've Got Questions, We've Got Answers. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we will discuss both imminent and potential changes to Social Security. The show airs on Saturday, January 4th and Sunday, January 5th right before President Biden signs the bill into law called the Social Security Fairness Act. Since this law was a bipartisan attempt to make Social Security as fair as possible, it's very likely that it is now the law of the land as you hear this show and it will impact all of us. Whether you were a beneficiary of this repeal or concerned about potential threats to your Social Security check, either way, now is a good time to revisit your income plan. We're here to help! Give us a call at 270-600-PLAN and we will get you in contact with a member of our team! At RDS Wealth, we're here to guide you with the right information and expert advice, or even assist you in mapping out a personalized retirement strategy that aligns with your goals. By reaching out to our team, whether by phone at 270-600-PLAN or sending us an email at contact@RDSwealth, you can start making strides toward a retirement that not only meets but exceeds your expectations. If you have questions, give our team a call! 270-600-PLAN We're here to help! If you're enjoying the podcast, don't forget to subscribe, like the show, and follow us. We'd love for you to share the show with anyone who may be impacted by this law. Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we are going into the Christmas Holiday season of 2024. This episode was aired originally on the 21st of December 2024 and it was coming off of a fed chair decision in 2024 December 18th to lower interest rates, but in this conversation they discussed that they may not be lowering interest rates as much as they had planned in 2025. The market reacted negatively to this news and from there we have given a little bit of advice on how you should be investing your money in the stock market if you're close to retirement. Rather than investing it in adolescence, maybe we should be investing it in maturity and avoid the temper tantrum type reaction. At RDS Wealth, we're here to guide you with the right information and expert advice, or even assist you in mapping out a personalized retirement strategy that aligns with your goals. By reaching out to our team, whether by phone at 270-600-PLAN or sending us an email at contact@RDSwealth, you can start making strides toward a retirement that not only meets but exceeds your expectations. Tune in to this episode of the Retirement Matters podcast as we discuss market reactions and why approaching your retirement investments with maturity -avoiding a temper tantrum type reaction - is key! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we're diving into some valuable lessons that you can apply directly to your own retirement strategy. And here's the twist—these insights were all inspired by a recent family trip to Universal Studios! That's right, while enjoying some fun with the boys, we discovered real-world lessons that can be easily translated to help you navigate your retirement journey. Just as we planned our trip to Universal Studios with a clear goal in mind—to enjoy the experience and make the most of it—we believe your retirement deserves the same kind of intentional planning. Whether you're nearing retirement or just beginning to think about your future, our number one goal at RDS Wealth is to ensure that you can live out your retirement dreams the way you've always imagined. At RDS Wealth, we're here to guide you with the right information and expert advice, or even assist you in mapping out a personalized retirement strategy that aligns with your goals. By reaching out to our team, whether by phone at 270-600-PLAN or sending us an email at contact@RDSwealth, you can start making strides toward a retirement that not only meets but exceeds your expectations. Tune in to this episode, and let's explore how a little fun and a few lessons from Universal Studios could be the key to unlocking your retirement success! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters podcast, we dive into two crucial topics for your retirement plan. First, we discuss inflation and why you should plan for it just like you would for scoring points in basketball—what you had last time isn't enough to win the game. You need to keep building on your plan to stay ahead of rising costs. Next, we explore long-term care, an often-overlooked but essential part of retirement planning. If you live long enough, you may need help with daily activities, and while it's a difficult reality, proper planning can help you age with dignity. We'll share strategies to offset the cost of long-term care and show you how to incorporate these into your overall retirement plan. As always, we're here to help you navigate these challenges. If you want guidance, reach out to our team at 270-600-PLAN. Now, let's jump into today's episode! We hope you find it informative and valuable. And if you do, don't forget to like, subscribe, and share the podcast with your friends. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we're diving into what it truly means to "win" at retirement. After all, retirement means different things to different people, and finding success looks different for everyone. In this episode, we'll offer valuable insights for retirees and show you how to ensure you're on the right path to achieving your retirement goals. Just like in any game, it's essential to understand what games you're playing in retirement. What are the financial challenges and opportunities you'll face along the way? Once you have that clarity, you'll know how to build the right team—meaning you'll understand exactly what your portfolio needs to look like. We'll also talk about the importance of asking for help. In fact, seeking assistance is often one of the most courageous decisions you can make in retirement. Going it alone is not recommended, and if you'd like guidance, our team is here to support you. Call us at 270-600-PLAN for a consultation. For those just here to listen and gather information, we're happy to have you with us. As we're recording this episode just after Thanksgiving, we want to take a moment to thank you for tuning into our podcast. If you've missed any of our previous episodes, we encourage you to go back and catch up. If you enjoy what you hear, please consider leaving us an honest review and rating. Your feedback helps us continue improving the show. And if there's anything we can do to make this podcast more helpful or clarify any of the topics we cover, don't hesitate to reach out. You can contact us at [email protected]. Our goal is simple: to make sure you have the information you need to retire the way you've always dreamed and live a fulfilling, happy retirement. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this week's episode of the Retirement Matters podcast, we're discussing companies that tend to perform well under Republican leadership. While many of these companies also succeed with Democrats in office, history shows a slight edge during Republican administrations. However, before fully committing to an "America First" investment strategy, it's important to consider the market shifts expected over the next 6 to 12 months. Changes in trade policies, including new tariffs, will likely impact U.S. businesses with global ties, particularly those relying on Asian manufacturing. These adjustments could bring increased volatility—or even a market correction—as the new presidency takes shape. If you're in or nearing retirement, this is the time to safeguard your portfolio against downside risk. Whether you're retired, close to retirement, or still planning for it, we'll discuss key steps to help you navigate the uncertainty. As always, our team is here to help. If you have questions or need guidance, call 270-600-PLAN for a no-cost consultation. And don't forget to like, share, or comment on this episode. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this week's episode of the Retirement Matters Podcast, we talk about how the recent election demonstrated the strength of our democracy, with a smooth transfer of power highlighting our shared values over differences. As we move forward, discussions on government efficiency, tax cuts, and growth policies offer potential opportunities for individuals and the economy. The stock market is reaching historic highs, with the S&P 500 surpassing 6,000 points and the NASDAQ also setting records. Despite a strong labor market, interest rates are declining, and favorable tax policies may be extended, creating a positive environment for growth. Over the next few weeks, I'll provide strategies to help you prepare for 2025, whether retirement is 20 days or 20 years away. Together, we'll explore market trends, economic opportunities, and insights to ensure you're ready for the road ahead. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well, and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of The Retirement Matters podcast, we dive deep into some of the questions you've shared as a listener—or maybe even as a viewer of our TV shows. Whitney Eubank joins us to unpack a few key questions that many of you have encountered on your path to retirement. She even touches on some things you might not have considered yet. We tackle four big questions in this episode, all connected by one common theme: tax planning. With just about 12 to 14 months left to make adjustments before the expiration of the Trump tax cuts, now is the time to review and refine your tax plan. This is an essential topic for anyone looking to build a secure retirement, so if you need any help or haven't started a retirement plan yet, reach out at 270-600-PLAN. As always, we start with a focus on the positive. This week's positive focus is all about staying steady on your journey and trusting the path that's been laid out for you. Keep moving forward with faith, knowing you're working toward your goals. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we dive deep into one essential topic: retirement planning. We explore the significance of having a solid retirement plan, what it entails, and the challenges of retiring without one. I love the analogy we use at the end, comparing retirement planning to solving a maze. If you've ever tackled a paper maze, you know the best approach is to start at the end. This principle applies perfectly to retirement. By envisioning your destination first, you can navigate the complexities and avoid common pitfalls along the way. If you need assistance, our team is here to help. You can reach us at 270-600-PLAN. Whether you're listening for educational purposes or just tuning in for the insights we share, we appreciate your support. Please like, subscribe, and leave a review of our episodes. Your encouragement helps us reach those who need this information most. Thank you for being part of our journey! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

In this episode of the Retirement Matters Podcast, we delve into the crucial distinction between investing for income and investing for growth. These two philosophies are essential to navigate your retirement journey effectively. While we often discuss transitioning from the growth phase to the income phase, it's vital to understand how to balance both within your investment strategy, which is one of the five key plans you need for a successful retirement. Many people struggle with where to start when it comes to investing, and that uncertainty can stem from a lack of clarity about their goals. Think of it as navigating a maze: when you work backwards, the path becomes clearer. This episode explores both income and growth strategies, helping you to invest wisely based on where you are on your journey. We also dive into the topic of taxes, revealing a hidden tax you'll want to know about. Plus, at the beginning of the show, we introduce a powerful principle that can transform your life if applied correctly. Much of our journey is shaped by the choices we make, and this insightful principle could be the key to a fresh perspective on your financial future. Don't miss it! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On today's episode of The Retirement Matters podcast, we're discussing a topic that's becoming all too familiar: inflation. It seems inflation is back in the news, and there's a specific reason for this—namely, a shift in the Federal Reserve's mandate. In this episode, I'll explain why this change may not be the best move right now. We didn't cover this in detail during the show, so here's a bonus insight: if I had to use an analogy, I'd say the Fed is expending all its ammunition while the enemy hasn't even arrived. We're implementing rate cuts without seeing significant softness in employment, and inflation still hasn't hit our desired targets since we began addressing it in 2022. If you have any questions or need assistance, feel free to reach out to our team at 270-600-PLAN. We also encourage you to like, subscribe, and leave an honest review on your favorite podcast platform. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Show, Dale dives into the Q3 GDP report that came out on September 26, 2024 and provides a little bit of education around what market turblence could mean for a retirement plan! We discuss how you can start to build a portfolio- a true retirement plan, not dependent upon the stock market. One that we call a 'Risk On Risk Off' portfolio- allowing you the freedom to live through retirement without fear and worry of running out of money due to volatility. If you have any questions or need assistance, feel free to reach out to our team at 270-600-PLAN. We also encourage you to like, subscribe, and leave an honest review on your favorite podcast platform. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we dive into the latest jobs report and discuss the significant 50 basis point rate cut—the first reduction in nearly four years. This is a pivotal moment, signaling a shift in the Federal Reserve's focus from combating inflation to addressing unemployment. While we won't debate the Fed's decisions, I'll share my thoughts on why this shift may not be the best approach. Our primary goal is to help you plan for a successful retirement, regardless of market fluctuations. We'll outline essential steps for building a strong retirement portfolio, breaking it down into three key phases as we near the end of the show. This episode is a bit more detailed than usual, featuring important reports and statistics, but it's packed with valuable insights. If you have any questions or need assistance, feel free to reach out to our team at 270-600-PLAN. We also encourage you to like, subscribe, and leave an honest review on your favorite podcast platform. Enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this week's episode of the Retirement Matters Podcast, we delve into the intricate world of taxation. Interestingly, although we didn't explicitly mention it in the show, our discussion starts with inflation. If you think about it, inflation can be seen as a form of taxation. From there, we move on to healthcare expenses. Many people worry about Medicare choices and long-term care, including the potential risk of losing their family home or cherished land. We explore some strategies to address these concerns and invite you to reach out to our team for personalized advice. Next, we tackle the topic of taxes, discussing why we believe tax rates are likely to rise. While we don't focus on specific strategies to lower your taxes in this episode, we encourage you to seek out opportunities to manage them effectively. If you need further assistance, don't hesitate to give us a call at 270-600-PLAN. We're here to help! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we dive into the phenomenon of "financial winter," which typically hits in October. This strange trend often sees sellers dominate the market while buyers retreat. If you're in the growth phase, this could be a prime opportunity to capitalize. For those in the income phase, however, October, along with September and November, can be challenging. We offer strategies to navigate these months and protect your assets. If you're looking to safeguard your investments, refine your income or tax plans, or need guidance on Medicare, we're here to help. You can call our office anytime at 270-600-PLAN, If you enjoy our show, please leave a review and share it with friends and family to help us reach more listeners. If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters podcast, we dive into inflation. We discuss what it is, how to plan for it, and its impact on your purchasing power. Understanding inflation and how it's measured in the American economy is crucial, but it's important to realize that merely understanding inflation is not enough to prepare for its effects. Proactive planning and adjustments are necessary to ensure your purchasing power keeps up with the cost of goods. If you need assistance planning for inflation, we'd be happy to help. You can call our office anytime at 270-600-PLAN. If you just need some guidance on how to minimize the impact of inflation on your plan, feel free to email us at [email protected]. Let us know if you'd like someone from our team to reach out to you or if you want us to review your current plan. We can provide recommendations on adjustments to better position your finances. If this is your first time listening to our podcast, we hope you enjoy the show! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this week's episode of the Retirement Matters Podcast, we have a sort of proverbs show, though it's not about Bible stories or the Proverbs written by Solomon. Although we do mention a Bible story in this show, ironically, we are talking about financial proverbs. We cover a bit of everything, including retirement income planning, tax planning, and even address the idea of doomsday prepping in your retirement plan. All of this is covered in this episode, and I think you're going to find great value in it. These can be detrimental decsions in your retirement journey and RDS Wealth is here to help! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we unpack what took place over the last couple weeks in the market and why it doesn't really matter. And to you as a retiree, or someone who's looking to invest money to be there for you in the future, whether that future is a couple of decades away, you should be making decisions and moves inside of these types of volatile markets based off of one thing and one thing alone, and it does not have to do with a jobless report that comes out on a Friday, it has to do with where you are in your retirement journey. Stay tuned as we delve deeper into this topic and provide insights to help you make informed decisions throughout the episode. Our team is here to help and happy to help, if you have questions, give us a call! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we delve into what a healthcare plan can do for you if you have it, and what it will mean if you don't. At RDS Wealth, planning for your income isn't just an option; it's integral to your overall retirement plan. We believe in holistic planning, and as a firm, our goal is to assist clients in navigating key retirement decisions such as income, investments, taxes, healthcare, and legacy planning. These five areas become clear as we accompany you on your journey. While this show focuses on healthcare in retirement, it's crucial to consider that lacking a plan for healthcare expenses could significantly impact both your investment and income plans. It's safe to say that healthcare expenses could be the most substantial item in your retirement budget, regardless of your retirement goals. If you live long enough, having a solid healthcare plan will likely become essential, particularly for expenses like long-term care or Medicare – the focus of this episode. Our team is here to help and happy to help, if you have questions, give us a call! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we jump into some specifics on ways to safeguard your investments- if you have seen a run up in the appreciation of your stocks that you own, a lot of times people will either want to pull that out and put it into cash or maybe some people think bonds are the way to go or CD's are the way to go, but if you still are fairly optimistic about the market, just concerned that maybe there is a pullback and depending again upon your objectives with this money, we highlight five specific ways that are known by most. 5 way we use to build a retirement portfolio that detaches your retirement success from the success of the stock market. In other words whether the markets good or bad you're still OK! Our team is here to help and happy to help, if you have questions, give us a call! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we dive into the specialty of retirement income planning and we are talking about an advisor who specializes in retirement! Specializing in retirement income phase is different than specializing in retirement growth phase. There are a lot of advisors out there who really have no specialty at all and then there are advisors who will help you establish a complete retirement plan. When you look deep into the plan, it's about more than just growing your money. It is about all of the decisions you have to make in the retirement income phase and this is where RDS Wealth comes in! Our team will assist a retiree and those who are approaching retirement in preparing for all of the decisions you have to make once you have entered into retirement or over the age of 65- all of those decisions that must be made. These can be detrimental decsions in your retirement journey and RDS Wealth is here to help! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we jump into why the market is doing what it's doing right now! The show was recorded on 14 June 2024 and aired all across audience from the 15th through the 17th. These shows are fairly timely and what's going on at this point in time in the market is a run of artificial intelligent stocks. We compare that to 1998, 1999 and then the .com crash that took place in 2000- we are concerned for a lot of people who are close to retirement having bought into this craze seeing their account hit some all-time high and not really understanding if they should be bowing out now when everything is just getting good. We try our best to talk to a retiree, helping them understand that yes we may give up some opportunity cost, but still you have the ability to lock in some really good gains and not have to worry about the stock market succeeding any farther for you to still be OK. Our team is here to help and happy to help with any questions around your retirement plan! That's what we're here for! If you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

This weeks episode of The Retirement Matters Podcast, we go dive into what it means to retire with both a pension and 401(k)! There are a lot of people, specifically state workers who are retiring with both pensions and 401(k)'s. This is discussing the differences between those two and what you should be doing to set up your pension and your 401K correctly early on. Also, understanding that those are two different tools- we should not think that it's one or the other, but, we should use both of them together to build the most optimal retirement plan. We hope you enjoy the show! if you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we cover 3 keys topics that may impact your retirement journey! We disucss all the recent news around inflation and what it can mean for you, then we go into sequence of returns and volatility and how small timings of the market can be important for a retiree and, lastly we discuss a few things around Social Security and some miconceptions that aren't true that can impact your overall retirement! This show is packed with a lot of information that may already be on your mind if you're nearing retirement- if you have questions, give our team a call! 270-600-PLAN We're here to help! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we talk all about the baseline plan of record. A couple of weeks ago, we did a show where we reference the baseline plan of record- and today we go through what it takes to build a true baseline plan of record for all five areas that you will face in retirement! Income planning, investment planning, tax planning, healthcare planning and legacy planning. You don't want to miss this show! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we cover a lot of different things that you are going to face in retirement! The three topics that we discuss are Number One: what is a Roth IRA, Number Two: what inflation is and how it can impact your retirement plan and Number Three: we discuss how volatility can impact your retirement plan and how we can help you make sure that those things are mitigated. An awesome show in store for you guys, we hope you enjoy! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

We're back again with one of our favorite shows- a show where we answer questions from our listeners! On this episode of The Retirement Matters Podcast, we have an array of questions that have come in over the last few months from the community involving several different scenarios and we like to answer those over the podcast because we believe that some of you may have similar questions and these answers may help you in your own situation! Tune in to today's podcast to hear a team member of RDS Wealth (Whitney) as she brings a few questions to the table for Dale to address. Tip: It's not about how much money you make, it's about how much money you keep! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters Podcast, we go into a quick brain teaser that actually plays a little bit of a role into understanding the complexities of retirement planning. Deeper into the show, we discuss what consolidation is inside of retirement planning, and why it may make sense for you if you have worked in a lot of different places, you may find yourself with a lot of different types of accounts that need to be brought all under one clear and easy to understand plan, and sometimes that means consolidating accounts altogether. Just like everything we recommend on our show, this decision to consolidate needs to be taken into effect with an overall plan and you need to be working with an advisor- if you would like a second set of eyes on your plan with someone who specializes specifically in retirement income phase, we would be happy to assist you with that! Call our office at 270-600-PLAN. We're here to help and happy to help! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of the Retirement Matters Podcast, we go into dividend investing, what it means in and a couple of myths around dividend investing. Things you need to be aware of before you go down that journey, and while we believe that it takes a lot more than just investing in strong dividends to make an income portfolio work, we talk a lot about the volatility of the stock market on this show and you don't want to miss it! It's not about how much money you make, it's about how much you keep! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.

On this episode of The Retirement Matters podcast, we make this show a little fun and discuss how retirement planning resembles March Madness! We use a little analogy on progression through the bracket, and how you should be progressing through your retirement years. Stay tuned to the end of the show-you're not gonna want to miss it! If you have questions or looking for guidance give our team a call at 270-600-PLAN! Join our Newsletter here! Visit our Website here! RDS Wealth Instagram here! RDS Wealth Facebook here! Always remember to Save Money, Plan Well and Live Happy in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.