Podcast
The Retirement Matters Show
Hosted by Dale Smothers · EN
Helping listeners Save Money, Plan Well and Live Happy in retirement, one conversation at a time! Live YOUR retirement without compromise!
11episodes
Episodes
Newest firstAll episodes
Episode 120: What Will We Talk About
Mar 3, 202300:32:33Tap to summarizeThis 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.
Transcribe →Episode 119: Cereal Popcorn And Puffs
Feb 24, 202300:32:10Tap to summarizeDale 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.
Transcribe →Episode 118: Don't Do This Alone
Feb 22, 202300:33:53Tap to summarizeOn 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."
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Episode 117: Travel Well
Jan 27, 202300:33:22Tap to summarizeOn this episode of The Retirement Matters Podcast, let's take a journey. Dale sits down with a travel agent, someone who plans vacations for families all across the world. As a travel agent, his job is to make sure you're not spending too much money and to make sure you're not missing out on amazing opportunities. Many of our retirees have the desire to travel at some point in their life. We like to talk about the "GoGo" years, the first ten to fifteen years after retirement, that's when retirees are spending the most of their money in retirement. We hope a lot of that money goes toward living the lifestyle you desire.
Transcribe →Episode 116: Secure Act 2.0
Jan 20, 202300:32:17Tap to summarizeOn this episode of The Retirement Matters Podcast, Dale highlights the most recent changes that took place in the Secure Act. We call it the Secure Act 2.0. This bill changed a lot of the retirement rules we know today. It is often said that the tax code is written in pencil, not in pen. We have to realize that this tax code, and the entire retirement system that we bank on, is subject to change in a moments notice. If your advisor is not ready and prepared to make changes for you, it might be time to find a new advisor.
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Episode 115: Audio Trix
Jan 13, 202300:30:54Tap to summarizeOn this episode of The Retirement Matters Podcast, Dale talks about how doing the same exact thing may not be the best thing to do in our day to day lives, especially in the financial world, and how we manage our money.
Transcribe →Episode 114: Do Not Shop Alone
Jan 6, 202300:32:51Tap to summarizeOn this episode of The Retirement Matters Podcast, let's go shopping! Dale discusses the "shopping" process of a retiree. He uses the analogy of going to the grocery store as a way to show how a typical retiree or pre-retiree will go throughout their life, their working years, buying stocks and putting them in their basket. Maybe they are taking certain stocks out of their cart and putting them back on the shelves but at the end of the day, what they have in their cart when they check out is what they need to use to build their meals for the future. Very similar, what is in YOUR portfolio will be needed to generate the income YOU desire in your future. Dales uses this analogy to hopefully paint a picture for the listener explaining to them why it is necessary for them to have a plan before entering the preverbal grocery store and why it is necessary for you to work along side a fiduciary advisor to help you build your list to make sure you are buying the right products. Let us help you build your list, make sure the coupons are clipped out when needed, and help you prepare the meal when you get home. It's what we do.
Transcribe →Episode 113: Bandwagon Investor
Dec 16, 202200:29:27Tap to summarizeThis week on The Retirement Matters Podcast, Dale brings you the most recent episode of The Retirement Matters Show. The Retirement Matters Show is a radio show Dale does each and every week that airs in South Central Kentucky and North Central Tennessee. In this episode, Dale tells a quick story about his son at a football game and relates that to investment planning. Investment planning, if done in a short-term window with a short-term perspective, can be done entirely wrong yielding a terrible result for your long-term goals. Don't be a bandwagon investor, let us help you make the best investment decisions for your long-term goals!
Transcribe →Episode 112: Let's Hit The Slopes
Dec 9, 202200:32:03Tap to summarizeOn this weeks episode of The Retirement Matters Podcast, Dale brings you a radio show that aired across Kentucky and Tennessee the weekend of Thanksgiving. The market had a fairly decent week, a short week, but positive. Dale Smothers tells a story about himself learning how to ski and how your mindset must change in retirement. Your approach to retirement planning is different on the way down the mountain then it is up. On the way down the mountain, it's just you and your skis. On the way up, you're sitting on a chair lift that's designed to take you there. The stock market is designed to take you to the top of the mountain, figuratively, but it's a really terrible tool to get you back down the mountain. Leaving your money 100% in the stock market, in the same stocks that got you to where you are in retirement, is one of the biggest mistakes we see retirees making. WE want to make sure that's not you.
Transcribe →EPISODE 111: Not good... just less bad
Dec 2, 202200:28:48Tap to summarizeOn this weeks episode of The Retirement Matters Podcast, Dale is bringing you a radio show that aired between November 11 and November 14 across Kentucky and Tennessee. Dale Smothers discusses the most recent move of the CPI (Consumer Price Index), ticking down two tenths of a percent. He discusses why it is important or why you need to be paying attention but also why the irrationality of the market has caused the markets to shoot straight up. It is a very irrational move and at best, it is something you should be paying attention to. At worst, it is something you might need to be selling off. How can YOU separate your retirement success from the ups and downs of the stock market?
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