The Retirement Matters Show with Dale Smothers

On this episode of the Retirement Matters Podcast, we jump into what Dale calls the Mr. Miyagi theory to retirement planning! We have recently written an article that has been picked up by one of the nations leading financial publications, Kiplinger magazine, and in the process of publishing that article! The article is called The Risk on Risk off Portfolio! Something we called the Mr. Miyagi portfolio because of the reference to wax on wax off. In this case, it is risk on risk off. We believe that every retirees income phase needs to have a portfolio that is built around this idea of somebody going with market volatility ups and downs, while we try our best to eliminate or mitigate downside. This is considered our risk on position and then we want some money that has absolutely no chance of downside, which is what we would consider a risk off position. In the show we go a little bit deeper in detail and as you can imagine we've titled the show what does Mr. Miyagi have to do with retirement planning? 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.

On this episde of The Retirement Matters Podcast, we start with a very powerful positive focus and this positivity goes into a racing analogy that applies to life as well! We then go into discussing the highflying stock like Nvidia and whether or not a retiree should be partaking in those types of stocks in a well balanced retirement income plan. You don't want to miss this show! Stay tuned into the last segment where we discuss a story that equates your retirement income plan to a commercial airline flight path! 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 dive into taxation and how it can impact your overall retirement plan! We list off some of the key TAXES that you may face during retirement and explain how mitigating those as much as possible sometimes requires it's own unique set of tools during the INCOME phase of your retirement journey- BUT, that's where RDS comes in! As you enter into retirement (income phase), be sure you are talking to an income advisor, someone that specializes in retirement and the income phase- especially someone that gives you guidance around taxation in retirement! We are here to help! 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.

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 do a little bit of a deep dive around interest rates. We go very deep for a radio show and how there is a correlation between interest rates and price of bonds and we even give you a visual, but I hope you can see as you're listening to this on how those two relate to one another. We discuss the impact of what an interest-rate move up or down by the Fed can due to a stock that you may own and then, as we go into the show a little deeper, we discuss why it's important to have a purpose in Retirement! 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! 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 what is going on in the stock market right now, the last week of January 2024. We're seeing some all-time highs be reached in the stock market this month and with these all-time highs, perhaps there are some opportunities that lie inside of your retirement account- so we asked the question how is your retirement account looking after 2023 with one month down and 11 months to go in the year 2024 and are you close to Retirement? If so, should you be making some adjustments? 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! 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 episode of the Retirement Matters podcast, we talk to you about Roth IRAs. We take a minute to build up our explanation of why we believe taxes will increase, and why retirees should be planning for a higher tax environment when they retire in the future. With this knowledge, we make recommendations based off of a retirees goals. There are a lot of times, where CPAs or other advisors even may say, let's invest your money into an IRA or to your 401(k) when in reality, they should be looking at it more holistically, especially as we approach the Retirement Income phase and begin to plan for retirement income. It doesn't really matter how much money your investments make it's all about how much money you get to keep! That's why at RDS Wealth, we believe in a well written tax plan- understanding what you will be paying, where that money will come from and ultimately is there any savings to be had by doing some moves now and filling up the existing tax bracket you find yourself in. We're here to help and happy to help! Give our team a call! 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! 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 have a very special guest joining us in studio- Mr. Andrew Smothers. Andrew is Dale's 7 year old son and he is so exicted to be joining us today! On this episode, Andrews youth- his innocence as a child is used to illustrate a few incredible things, even something that can be relatbale to you in the retirement world! Something that can sound really cool or 'neat' to have, but may not exactly be the BEST thing for you at this time and place or situation you're in. We hope you enjoy the 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, our objective is clear. Dale brings clarity to you around NOT chasing returns. We want to be sure that our listeners are not out seeking the highest rate of return possible without understanding exactly what it is they need the stock market to do for them, and with that we introduce a few stories and a couple analogies. Of course we do our pause for positivity to give some insight. If there is anything we can do for you as you are listening to this podcast today, we want to extend our services to you as an offer to sit down with someone on our team! 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 Show, Dale brings education to you around 'reactions to the stock market' and what it can entail. Recently, there have been a lot of questions come our way regarding the market- wondering if they should act and get in now. Our goal in this show is to help educate the listener on whether or not they should be 'reacting' to what's going on in the market. With that being said, whether the market is good or bad, don't overreact. Just because the stock market does what the stock rises/falls does not always require a reaction from you and a lot of times what we physically and emotionally want to do is the wrong decision because of an overreaction. 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! 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 with Dale Smothers, we're excited to bring to you our NEWER show called 'Best Of'! Dale brings to you the best versions of some of our favorite segments we've done throughout our podcast and he does a quick recap of them. If you're new to the show, this will be a great chance for you to learn what our show is all about and for some you, this will will be a little refresher OR maybe even a few clips that you haven't heard before. Our objective is to bring you all the highlights from our best segments over the past year for you to 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! 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 do a deep dive into the income plan, talk a little bit about the investment plan and then at the very end hit on our tax planning strategies for most retirees. Every retirement plan is built differently, because every retirement plan is unique to the individual we're building it for, however it's very imperative that an individual going into retirement has clarity around how much money they need, that their investments are built to be able to generate that money and then of course, that their tax plan is built to deliver that money or get that money to them as efficiently as possible! A great show we have in store for you today, 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! 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 episdoe of the Retirement Matters Podcast, Dale talks with you about the baseline plan of record! We did a show recently where we reference the baseline plan of record and today he brings this to you in detail. He goes through what it takes to build a true baseline plan of record for all five areas that you will face in retirement including: investment planning, tax planning, healthcare planning and legacy planning. This is a power packed show and if you have not heard about a baseline plan of record and you're not working with an advisor who has built a baseline plan of record for you AND you're over the age of 59 1/2 you need to give our team a call! 270-600-PLAN. 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. 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. 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 with Dale Smothers, we're excited to bring to you a brand NEW show called 'Best Of'! Dale brings to you the best versions of some of our favorite segments we've done throughout our podcast and he does a quick recap of them. If you're new to the show, this will be a great chance for you to learn what our show is all about and for some you, this will will be a little refresher OR maybe even a few clips that you haven't heard before. Our objective is to bring you all the highlights from our best segments over the past year for you to 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. 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, Dale brings to you a really neat analogy of how the market works. He talks about a five sided coin! We know this coin has a certain number of heads and a certain number of tails, and just because you get a bad flip every so often doesn't mean you stop playing the game. Especially since the odds are so much in your favor. The stock market works very similarly! 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. 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, Dale talks with you about a 72T and a rule of 55 distribution. These two distributions are both used for the same purpose but in different applications. They're both designed to allow you to get to your money earlier than 59 1/2 but without penalty. However, both of them should be considered a last alternative if it all possible. Whether or not these rules are for you should be determined the inside of a well written retirement plan! That's why we bring this information to you. Understanding a little bit about this could potentially prompt you to discuss things with your financial advisor. With that being said, if you are working with someone already and this information hasn't been brought to you proactively...you may be working with a growth advisor. This is NOT to scare you, it just may be time to transition to an income advisor that specializes in income during retirement. 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. 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 talks with you about exactly what it means when you see a percentage rate of return, followed by APY. This becomes very important for savers, especially now as interest rates begin to climb into the fives and even the sixes on some short term investment vehicles that we're seeing out there! You will see these investment 'vehicles' or contracts that will often display a rate of return that sometimes can become confusing when comparing one to the other. They are utilmately there to 'grow' your money but, today, Dale will provide some clarity around the details inside of those contracts and what a percentage rate of return followed by APY really means. 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. 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 with Dale Smothers, Dale tells you a story of a time that he and his family went to Disney World where they were left without a map and the result of that visit to Disney World was not as optimal as it would've been had they had a map! He relates that story to retirement planning and explains the importancy of a map and a plan during retirement! That's why we have our ATLAS! Our detailed atlas provides you with carity around where you want to go and how to get there along with giving you the ability to truly live an optimal retirement! If you need a roadmap, we have the ATLAS! 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. 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, Dale discusses something with you that is near and dear to his heart. Our ATLAS. RDS Wealths process that we take every single retiree through.. starting with your income planning, follwowed by investment planning, tax planning (how we can save you money in taxes in retirement), healthcare planning and lastly, legacy planning (making sure that money is left to those you care about the most). Our retirement ATLAS is our trademarked process that allows YOU to have a map when you retire. A map that will give you clarity around where you want to go and how to get there along with giving you the ability to truly live an optimal retirement! If you need a roadmap, we have the ATLAS. 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. 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, Dale explains how important a MAP can be during retirement by using parallels to a story based around Disney World! During the retirement income phase, it will be difficult to live an optimal retirment and know exactly where you'll end up while being free of worry without a MAP! There are a lot of decisions to make during this phase and any wrong turn can be detrimental to your entire plan. RDS Wealth is here to help build YOUR map and unfold it right in front of you- that's who we are. We're here to build the roadmap you need for the five key worlds of retirement- those being investment planning, tax planning, income planning, healthcare planning and legacy planning! Don't go through retirement without a map- let us help you! 270-600-PLAN. 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. 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. 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, Dale talks about the number one question you need to know the answer to and that is how much income will you need in retirement! From there, a good retirement advisor should be able to structure a plan that not only tells you how long that money will last, but perhaps maybe even save you from some major market corrections that are sure to come your way if you live long enough. Structuring this plan in a way where you know where you're going is key- you can't hit a target if you can't see the target and that is why it's important to adjust and fix your eyes on a specific income target! Too many retirees are going into retirement, not knowing what their income goals are, and for that reason they will likely never achieve the type of retirement they have always imagined. They will likely live what we call the 'what if' retirement which leads to them never spending all of their money or at least not the amount of money they could have spent! Don't live a 'what if' retirement- our team can help you! 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. 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, Dale goes into two stories- the first one being about a positive mindset and inward reflection. Always making sure that you're helping people in the right way! The second story brings an analogy between a car battery pack and the protection you need you need to put on your income during retirement years! In order to make sure your retirement is EVERYTHING you've imagined it to be- we must have protection. Don't wait until the storm comes before you buy an umbrella. * 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. 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. 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 use a lot of analogies for a lot of different things. We start with a pause for positivity all about letting go of your troubles and your problems. It's a powerful tool to use. If it's not for you today it will be for you at some point in your life! We talk about the looming possibility of a major setback in the commercial real estate market, how it could impact the stock market- the US stock market. From there we go into what you need to be doing to build the retirement plan to weather the storm. Don't put all your eggs in one basket! We hope you enjoy the show! A worry free retirement is something everyone can achieve. We want to show you how! 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. 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 bring to you the definition of holistic planning. Our goal with this episode is to show you exactly what it means to have a comprehensive plan as opposed to just a portfolio of stocks, bonds and mutual funds. A lot of people are working with advisers along their retirement journey who are really good at picking the stocks or maybe they're not that good and they're just handing it off to someone else who is! At the end of the day, you've got to make sure that Advisor is well equipped to build the ENTIRE plan and not just the investment plan- which is one of the FIVE planning pieces you need to be implementing in this phase of your life. A worry free retirement is something everyone can achieve. We want to show you how! 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. 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, Dale brings some clarity around one of the most popular questions, 'Do I have enough money to retire?' He gives guidance on how to find the answer to that question and what it means to have a 'cash flow analysis' for your own personal retirement journey. Dale explains in detail what a cash flow analysis should look like and what a pivitol piece it plays inside your retirement INCOME plan. If 'do I have enough money to retire?' is a question you have regarding your own situation, let us help provide the clarity you desire! Call our team at 270-600-PLAN and we'll be happy to guide you in the right direction. A worry free retirement is something everyone can achieve. We want to show you how! 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. 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, Dale comes to you with the understanding that Roth conversions could very easily help you in the tax planning category of your retirement plan! At the end of this episode, after spending a lot of time on taxation, he actually hits very strongly, the other five worlds of retirement income planning in addition to tax planning, and why you have to be very efficient in all five worlds. Just like most of the other episodes that we have on this podcast, this particular episode comes to you from a recent radio show that we're doing in south-central Kentucky, North Central Tennessee. We love serving that community, but we are more than happy and more than able to help the listeners of this podcast. We love hearing from you if you have any feedback on the shows or anything that you would like to add, we'd be happy for you to give an honest review and some feedback on what you'd like to hear more of on the show! A worry free retirement is something everyone can achieve. We want to show you how! 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. 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 Show, Dale talks to you about a frightful, four letter word... RISK. Risk is a particular word that can be detrimental to a lot of retirees who have not built a plan. It is the fear that we hear about when starting to build a plan with a lot of retirees, but if used correctly, it could be exactly what we use inside of the plan to make all of our dreams come true by building the proper income plan. Knowing exactly how risk will benefit us and what amount of risk is needed to get to where we are desiring to be, we can put together a perfect mix portfolio of stocks, bonds, mutual funds and some insurance products- whatever it takes for our client to feel at peace and the ability to live a life free from the worries of running out of money, allowing them to spend more time and money on and with the people they care about and less time worrying about the stock market. A worry free retirement is something everyone can achieve. We want to show you how! 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. 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, Dale discusses whether or not you should be in a 401(k) when you retire. It is very unlikely that people should be retiring with all of their money in a 401(k)- most of us will need to employ an IRA instead! Dale is going to talk to you about 401k's, about the pros and cons, how they started, when they started, why they started and what you should doing if you are approching the age of 59 1/2, you are approaching retirement, or you have already retired and you still have a 401(k) as opposed to the IRA. If there are details about this in your own situation that seem a little fuzzy, we hope to clear that up inside of this podcast. If you're still a little confused, or you know you need help, we would love to help you! Call our team at 270-600-PLAN and we'll be happy to guide you in the right direction. A worry free retirement is something everyone can achieve. We want to show you how! 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. 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, Dale brings to you the information you need on how to invest wisely and what your mindset needs to be the closer you get to your retirement destination! He uses an analogy of football a lot on this show and he brings it back full circle by asking a question at the beginning of the show. This trivia question is answered around the second section of the show where he then brings back the analogy of- the closer you get to the end zone- those plays need to change and evolve in order to accomplish the objective. It's not that one particular play is better than the other, just like its not that one investment is better than the other- it's all about where you are in position of the field and what play needs to be called for that particular mission. When you reach the retirement 'redzone', your play calling aka 'investments' need to change. This is a great analogy to help you realize how important your plan is the closer you get to retirement! A worry free retirement is something everyone can achieve. We want to show you how! 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. 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, Dale brings to you a recent radio show he did from a few weeks back where he discussed 2 main things you need to be looking at in your retirement journey, especially as you get closer to the date of retirement! Dale talks often about the growth and income phase - and how working with the wrong person or the wrong firm during the 'income' phase can jeopardize your chance at living a life of 'significance'. The beginning of this episode is about living a life of significance and how you can make that happen a little more easily while the end of the show, Dale brings to you, two specific ways you can manage your current portfolio that will allow you a higher chance of living that life of significance. We want you to be retiring without worry! At RDS Wealth, our entire goal is to build a plan that brings you the freedom and flexibility, the time and desire to get out and spend all of your money on and with the people you care about. We want to help you build a life of significance! If you have questions, give us a call! Feel free to reach out via phone or email. 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. 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, Dale shines a little bit of light and brings clarity to the topics discussed in LAST weeks show with financial expert- Tom Hegna. Take a listen to last weeks show if you haven't already! Last week you heard Toms belief around an OPTIMAL portfolio and how it should always include an annuity. We've received numerous phone calls and messages regarding that belief and because of that, Dale wants to provide clarity around our process at RDS Wealth and explain how to know if an annuity is right for you and your retirement journey. This show will be beneficial to those of you who are 'savers' or the ones looking for the 'upside' in the market but you're really concerned with what the market is doing right now. Dale discusses 4 different ways that you can save money and put money to work in a safe way- without worrying about losing your principle. If you have questions, give us a call! Feel free to reach out via phone or email. 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. Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. R.D. Smothers Wealth Management is not acting in a fiduciary capacity when it comes to the sale of annuities. R.D. Smothers Wealth Management will receive commissions based on the sale of annuity contracts. Annuity contracts are made by and for the benefit of the buyer, who should bear responsibility for premiums and understand their financial conditions.

On this episode of the Retirement Matters Show, we have something exciting in store for you! Dale plays a few clips and speaks around a podcast recorded a couple weeks ago where he had the honor of speaking with a very influential individual in the retirement income planning space, Tom Hegna- a retirement expert, author and speaker. (We will launch that full podcast soon). Tom breaks down 5 steps in detail from his book Don't worry, Retire Happy and Dale summarizes those steps today to make it easy to understand. Our goal is to simplify the complex in everything we do and we hope we can do that for you if you are in need of retirement income planning. Don't worry, Retire happy is a best selling book and a staple read that would be beneficial if you're close to retirement age! A worry free retirement is something everyone can achieve. We want to show you how! 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.

In this episode of the retirement matters show, Dale talks about the importance of setting down with an INCOME advisor and what it means to have a strategic plan built for your retirement journey. One of the largest key pieces to a true retirement income plan is Social Security and there will come a time where you will need to begin (if not already) working with an income specialist that talks with you about Social Security and how it will affect your overall plan. Knowing when and how to take Social Security is one of the most important choices you will face when retiring. You don't have to do this alone! Our team is here to help you build the plan that meets your dreams and your goals in order for you to live an optimal retirement. A worry free retirement is something everyone can achieve. We want to show you how! 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 another episode of answering 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 with all the market volatility and we've decided to answer those over the podcast because we believe that some of you may have similar questions. 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 Show, we spend a great deal of time discussing a very common but overlooked strategy called the spousal benefit when claiming social security. Knowing when and how to take social security is one of the most important choices you will face when you're retiring. You can't do this without putting this into a plan-you can't make an accurate decision on just about anything without having a formal plan. We call that the base plan of record. From there, we can run a cash flow analysis on any of the other decisions you may want to make - can you pull more money? Should you pull less money? Should you work a little bit longer? When should you take social security? All of that is answered by implementing a plan- proper planning prohibits for performance. If you are not making financial decisions based around a financial plan, then you may actually be planning to fail. You only have ONE chance at this thing we call retirement and if you would like a second opinion on how to do that properly, we would love an opportunity to do so. A worry free retirement is something everyone can achieve. We want to show you how. 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 discuss ways to make your retirement a little bit easier. When you retire, you will be faced with several "next steps" to get you where you want to be. One way you can make those steps a little easier is by calling a firm that specializes in retirement income planning, like ours, RD Smothers Wealth Management. When you do this, rather than having to walk each step alone in your proverbial "staircase" towards retirement- it's almost like calling yourself an elevator. Calling the elevator is a much easier way to get to the top! As a result, you spend a lot less energy climbing or worrying that you are going the right way, and you can spend that energy on things you care about. And for those of you who consider yoursleves 'do-it-yourselfers', we mention by name a few specific steps that you will encounter along this proverbial retirement staircase. It is our hope that you will be prepared for these steps as you encounter them and as always, know that we are here to assist you should you find yourself tired of climbing alone. Enjoy the show! A worry free retirement is something everyone can achieve. We want to show you how. 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 Show, we talk about the specific and very unique decisions you will be making as you approach retirement. Especially as you're getting ready to retire, there are some things you need to be thinking about and addressing that you've probably never considered before. They're not financial at all. They're more emotional. We talk about those closer to the end of the show. At the beginning of the show we talk about not comparing yourself-and that also being emotional- is necessary as you plan for retirement. You can not compare yourself to friends, relatives, or your co workers. Your specifics,your situation, your financial plan are all different than any of those individuals. At RDS Wealth, we believe you don't have to be rich to live rich as long as you're not comparing yourself to others. If you're not doing that, then you have the ability to live a rich life with the money and the opportunities you have been granted. A worry free retirement is something everyone can achieve. We want to show you how. 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.

In this episode of The Retirement Matters show, Dale discusses how there are multiple different tools you should be using to achieve your retirement success. He uses a golfing analogy to explain exactly how using the right tools in your retirement journey can be extremely important and If you're not using the right tool, the chance of success is very slim. The backend of retirement is extremely specialized to what you need and that 5 years or fewer away from retirement should be a place where you're working with a retirement specialist who is well equipped with the right tools to build the retirement income you need. Liken that to golf, determining which club to use depending on where you are on the course determines your success in the game. We would love to help you be your Master in retirement income- when you are on the proverbial green or you are in a green side bunker, and you've found that you're just not right where you want to be- needing a way out- we can help you understand the path forward. We are masters with the sand wedge and the putter when it comes to retirement income. A worry free retirement is something everyone can achieve. We want to show you how. 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.

In this episode of The Retirement Matters Podcast with Dale Smothers, Dale uses a golfing analogy to help you understand why it's necessary to use different investment strategies as you progress along your retirement journey. Just as it's necessary to switch from a driver to a putter once you have landed your ball on the green, it is equally as important for you to be using a different mindset and an entirely different set of investment tools as you get closer to your retirement date. Everyone desires a successful retirement, but until you realize where you are along your unique journey, it will be difficult for you to plan properly for the next steps, you should be taking. A worry free retirement is something everyone can achieve. We want to show you how. 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.

This episode of The Retirement Matters Podcast is unlike any show that we've brought you before. On this episode, we have an array of questions that have come in over the last few months with all the market volatility and we've decided to answer those over the podcast because we believe that some of you may have similar questions. 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.

In this episode of The Retirement Matters Podcast, Dale talks about alternatives to saving money at the bank. Dale discusses ways you can save money in other institutions or different classes of institutions. The banks are great and safe places to put money, but when you reach a certain level of money at the bank, it may be a wise decision to start looking at alternatives that bring you equivalency in safety and perhaps even tax efficiency as you begin to save more towards your goals! Remember- it's not about how much money you make when saving, 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.

In this episode of The Retirement Matters Show with Dale Smothers , Dale talks about how banks fail, why they fail and he uses the SVB failure in 2023 as an example. The most recent bank failures have caused savers to realize that banks are, indeed, a for-profit-business! To seek their profits, rather than putting our money in their vaults, they will invest our money in risky propositions. While those risky investments are mostly balanced by very safe investments, it is possible for the bank to see itself upside down in environments like the ones we are facing today, especially with a 'run on the bank'. If this happens, the FDIC steps in and takes control. At the end of the show, Dale discusses a few alternatives to saving money in the bank- if you have reached the FDIC limit for insurance or if you have simply lost trust in the bank. There are powerful alternatives to saving money when it comes to banks. If your money isn't working, it's lazy money…and lazy money will COST you money. 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.

In this episode of The Retirement Matters Podcast, Dale talks about the impatience of using the right advisor once you've reached your destination of retirement. To Illustrate his point, he provides a personal story about bowling with his children. As he always does, he provides imagery and parallels throughout his story as to help you relate his tips to your own personal retirement journey! Just as bumper guards are used to help children keep their ball rolling down the middle of the lane, the correct advisor can keep your retirement away from the proverbial "gutter" of retirement. Gutter balls during retirement can be detrimental to your entire plan- work with someone that provides you safety, work with someone who provides you peace of mind, work with someone who provides you with gutter guards! 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.

In this episode of The Retirement Matters Show with Dale Smothers, Dale will talk about Social Security and how it may change along your retirement journey. What if taxes rise in the future and how is social security income taxed? Will you be affected? 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.

This podcast is very different from all of our other podcasts. Very seldom will we sell our firm this hard, but it's time. The market is turning and we think it is important that you understand that NOW is the time of action. If you're hooked up to the wrong advisory firm, you could suffer terrible consequences. What differentiates R.D. Smothers Wealth Management from other "big box" firms? We take pride in the fact that we are financially aligned with our clients. If our clients do better, we do better. If they do worse, we do worse. That alone eases their mindset. They realize that we aren't coming at them with a commission mindset. Let us help you build the retirement you have always imagined. 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.

Dale starts this podcast off with a story about his sons. Dale gave his kids the opportunity to pick out dinner. He opened each drawer and they picked out all of their favorites; cookies, popcorn, cereal, and puffs. If you're not careful, you could end up with a retirement plan that is very similar to their dinner plans. You're going to have all of your advisors favorite stocks, mutual funds, and bonds. You must make your financial decisions as an entire picture. You can't just pick which stock you like because you think it's going up and you completely forget about the idea of it generating the income you would need otherwise. All of your decisions need to be made within a well written retirement plan and WE can do that for you. 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 weeks episode of The Retirement Matters Podcast, Dale discusses a motto he has had since he was a child; win humbly and lose wisely. We understand that not everyone operates best while on a team but, if you do everything alone and never partner with others, you create a huge barrier to your own potential. This podcast is for the person trying to do their retirement alone. It may be a success but, it's not ideal. If you want to do something big, you must link up with others. One is too small a number to achieve greatness. "As you face challenges, think about who you can enlist to come alongside you." 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.