The Retirement Matters Show with Dale Smothers

Emotions make a huge impact on our reactions when certain events take place. These emotions can also impact many people when making investment decisions. In this episode of The Retirement Matters Show, Dale speaks about how your shouldn't let these emotions impact how you handle your investments. Everybody should have a solid plan built specifically for them, and then stay the course to see the su...

The stock market has seen a drop of at least 10% for the last 121 years, so why do people panic when it happens? In this episode of The Retirement Matters Show, Dale speaks about a strategy that can be used by retirees to take advantage of these drops while maintaining the safety of their income. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of...

Is your retirement plan as unique as you are? In this episode of The Retirement Matters Show, Dale talks about how your retirement plan shouldn't be made with a cookie cutter approach. It SHOULD be tailor made for your vision so that your vision can become a reality. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky....

Are you worried about capital gains tax increases impacting your retirement accounts? You shouldn't be. In this episode of The Retirement Matters Show, Dale talks about how changes in capital gains, for better or worse, will not affect your retirement accounts in the slightest. Block out the noise and keep on saving! DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment advi...

Retiring can be as much emotional event as a financial event. 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 RD...

How are you investing for your income in retirement? You should be assigning your money a task. Every dollar should either be designated as "Safe" money, "Income" Money, or "Growth" Money. How we structure this for our retirees allows them to live worry free in retirement. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Ken...

You have the right to be boring!! As a matter of fact, if your retirement income investment strategy isn't boring- you are doing it wrong! 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...

What is an IRA? It may not be what you think. Dale discusses a few of the most common misconceptions about IRA's and how you may benefit from owning one. 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 servi...

WOMAN'S HISTORY MONTH! As a Woman, planning for your life in retirement needs special attention. Did you know that over 64% of all females who live to age 65 are single? Yet- the retirement planning industry continues to view "retirement planning" as a joint effort. While it is important for a husband and wife to plan together, it is just as important to ensure that the wife has a survivorship pla...

Are you working with a Pilot? Dale describes why working with a comprehensive financial planing firm is important if you want to survive and thrive in the "mountains" of retirement.

Grow Bolder NOT Older! Physically aging is inevitable but your mindset about aging will determine your success in aging! Be sure you are programing your mind to grow BOLD not OLD. 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. In...

Dale and his son made a trip to the slopes for a tubing adventure! Much like our clients approaching retirement for the FIRST TIME- Dale's son, Andrew, was tubing for the first time. Dale had a few take-aways from the day and felt that it would be a good way to illustrate the importance of working with a trusted advisor in retirement. In retirement you need to ensure your advisor is managing your...

Safety of principal and predictable income is the name of the game in retirement investing. How do YOU invest for income? Dale discusses a few effective ways to invest for reliable income while preserving the principal. 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...

Dale explains the concept of being "short" a stock and how "short selling" lead to the current REDDIT trade that we are seeing in the new today. He also explains why retirees should stay away from these types of WAR! 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 imp...

With a new administration taking the reins it is a great time to reevaluate where you are on this retirement journey and determine your next steps. The landscape is changing, map out your future TODAY. 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...

Dale discusses some of the notable events of 2020 and discusses how RDS Wealth is able to help a retiree worry less. We are there to help you with the parts of retirement you need help on.

2020 has been a trying year.. on all fronts, but you made it through... and it wasn't ALL bad! 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....

Dale shares a few stores about his most recent skiing trip where he took his 4 year old son, Andrew! Dale relates a few of his experiences to the world of investing. 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 produc...

Are you investing in the stock market or gambling with speculations? There is a difference! 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. Smo...

Every investor has their own reasons for investing. If retirement income is your objective you have most likely heard of the "Balanced Portfolio" and the "4% Rule" for retirement investing. Dale discusses a new approach to the balancing act and discusses modern research that suggest a whole different way to construct the "Balanced Portfolio" for retirees. DISCLOSURE: R.D. Smothers Wealth Managemen...

Virus Fears, Virus Cures, Election Results, Election Contested, Spending, Taxes, and The Balance of Power... tase things could all move the market int he coming year and Dale seeks to give you a little insight on how these things could potentially move the market. Also, depending on where you are in your retirement journey, these things may or may not be something your should worry about! DISCLOSU...

No matter who wins the election- Taxes will rise over the next 10 years- they almost have to. Are you ready? Dale discusses how you can take advantage of the current tax brackets to better prepare yourself for retirement later. 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 d...

In this episode of The Retirement Matters show, Dale addresses the age old question- "When can I retire?" To retire happy and live an optimal retirement our team at RDS Wealth knows that you must have three things in place: 1) Know your retirement budget 2) Know how much income you will generate (perpetually) in retirement. 3) Know how to invest your assets to achieve the GAP. Listen to the show t...

In this episode of The Retirement Matters Show, Dale explores three different withdrawal strategies and explains how to make sure your income strategy in retirement fits your risk tolerance. Inspired by a recent Forbes article, dale takes the listener though the most common stories we see in our office and how those unique retirement plans could be structured to fit that story. Save Money. Plan We...

Dale and Ron discuss the intricacies of Medicare and how to navigate this very complicated part of a retirement plan! Need more assistance with your medicare decisions, call us at 270.600.PLAN Save Money, Plan Well, and Live Happy. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment advis...