The Retirement Matters Show with Dale Smothers

In this episode of "The Retirement Matters Show", Dale's son Andrew talks about how he wants to build an igloo with the snow, but has no idea how much snow it takes to build an igloo. Dale has very similar discussions with those looking to have grand plans and dreams in retirement, but have not planned on how much money it will actually take to make those dreams a reality. At RDSWM, we can help yo...

Tune in to learn all of the exciting plans RD Smothers Wealth Management has for 2022! For any questions you may have that you would like Dale to discuss on air, email: contact@rdswealth.com . 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...

Do you have a plan in place for retirement? In this episode of The Retirement Matters Show, Dale discuss how RD Smothers Wealth Management can help you, whether you are saving for retirement, or fixing to retire. He reviews how RDSWM can help you with your 401K, IRA, and pension, all the way to helping you plan for medicare expenses, estate planning, and long term care. DISCLOSURE: R.D. Smothers W...

In this episode of The Retirement Matters Show, KY State Senator, Max Wise sits down with Dale to discuss the integrity of the Kentucky Retirement and Pension System. Their conversation was recorded on Friday 12/10/2021, and was set to air across the state on Saturday morning, 12/11/2021. However, later that evening Kentucky experienced one of the worst tornado outbreak in the state's history. Tha...

Ep. 76- 4 YEAR END MOVES by Dale Smothers 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 ar...

Are you looking for income in retirement? Is principal protection your goal? In this episode of The Retirement Matters Show, Dale explains how either of these two objectives can be satisfied with a properly placed portfolio, in the right investments. Happy Thanksgiving from RD Smothers Wealth Management. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the...

In this episode of The Retirement Matters Show, Dale explains the best ways to optimize retirement income. 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...

In this episode of The Retirement Matters Show, Dale discusses the importance of turning off the financial noise that you hear as a retiree. 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 offer...

In this episode of The Retirement Matters Show, Dale brings up the never ending debate of whether or not to have a mortgage. Being out of debt is definitely a good thing, but not all debt is created equal. 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 leve...

How much do you need to retire? How long will your money last? In this episode, Dale addresses some of the most common questions asked by our clients. If you have a retirement question that Dale did not cover today, please reach out to the team at 270-600-7526. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Regis...

Do you know how much you are paying in fees? How much are you being charged to make money in the stock market? In this episode Dale discusses ways that you can know if you are paying too much in fees and also ways to lower those fees, yielding you a better return. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kentucky. Re...

One of the most important steps to a worry free retirement is for you to ENJOY THE RIDE. This life is a journey, and so many times we forget to enjoy every minute of it. Often times, as a retiree the reason that we can not enjoy the scenery, stems from our finances! If we can get our finances in order, we have the headspace to ENJOY THE RIDE. DISCLOSURE: R.D. Smothers Wealth Management is a state...

In this episode of The Retirement Matters Show, Dale warns against being too comfortable with the most recent market returns. Dale discusses how easy it is to be caught off guard inside of this market where everything seems to be going the right direction. If you are close to retirement, it's time to Wake Up! DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser unde...

When you retire, it's no longer about the average rate of return on your portfolio, it's about the amount of income you can produce from that portfolio! Averages lie: This is why you can't set your safe withdrawal rate based solely on the average rate of return a portfolio is producing! Why? Dale tells us why in this show! DISCLOSURE: R.D. Smothers Wealth Management is a state registered investmen...

Taxes will likely be the single most important issue a retiree will face. As you start taking income in retirement it's not so much about how much you take, it's about how much you keep. Taxes are set to go higher in the near future, even in the absence of new legislation. Because your tax deferred retirement account is subject to income tax at a later date, if taxes raise, you will pay more in ta...

When you look at your retirement account statement, it's important to understand that all of that money is not yours! You have a partner inside your retirement account who is laying claim on a certain percentage of your money! Much like a business partner, this partner will want to take his fair share when it's time for you to start pulling money out durring retirement. Except, unlike a business p...

We've all been there- someone is telling us something that seems unbelievable and when we ask "where did you hear that?" the answer is "I read it on the internet"... Your retirement is too important for you to go at it alone with advice that you "read on the internet" yet we see many people try it. Don't do this alone, let us help! DISCLOSURE: R.D. Smothers Wealth Management is a state registered...

Are you using too much of your money to generate income!? What if we could show you a way to use LESS of your retirement account to generate MORE income in your retirement years. What would that mean for you? It would mean you have more money to spend on other things in retirement, less taxes to pay, and more legacy to leave to the ones you love! DISCLOSURE: R.D. Smothers Wealth Management is a st...

Long Term Care(LTC) - needing someone to help you carry out basic activities of daily living (ADL's). This is a reality of more than 70% of all Americans who live past the age 50 yet only HALF of that number believe they will need any type of assistance. This facet alone should be enough to cause advisors to begin planning for their clients LTC needs but in a recent study done by Merrill Lynch 66%...

Has the stock market burnt you in the past? Don't be afraid of the very tool that could be be the most important in building your retirement plan! Dale will explain how the market doesn't have to be something you are afraid of. There are ways to "use" the market without being at risk "in" the market! Don't be so afraid of the "burn" that you don't get in the tub... listen to the show, you will und...

It's said that he only thing certain in life is death and TAXES. While death is inevitable, taxes can be mitigated. Not completely avoided... but our tax bill can be lowered with proper planning. That is what this episode of The Retirement Matters Show will be discussing. DISCLOSURE: R.D. Smothers Wealth Management is a state registered investment adviser under the laws of the Commonwealth of Kent...

Have you ever played a game where you have WON but still want to keep playing? Don't do that with your retirement. There comes a time where a loss in the market will hurt you worse than a gain will help you. How do you know if you have arrived to that point? How do you protect your hard earned money without setting it on the sidelines in cash? Is there a way to have your money earning money WITHOU...

Dale discusses a rule that is not known to many retirees called the RMD rules. He brings a little twist to the whole concept by telling a story about his oldest son, Andrew, and how he often asks "How many bites, daddy?" at dinner time. If you are close to retirement age you need to be planning for your RMD's and dale will explain how that can be done in this episode of The Retirement Matters Show...

Just like the hardest part of Everest in the trek back down the mountain... the years after retirement are your most critical years for optimizing your retirement lifestyle. 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. Insuranc...

Sometimes shining a different light on a situation can open your eyes to a totally different perspective. 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 G...