In this episode Dale the current market conditions and how to approach them based on where you are in your retirement journey. If you are in the retirement RedZone you need to be certain that your income will be stable, if you're more than 10 years to retirement, stop watching the scoreboard and stick to your plan! Don't have a plan? call us- 270.600.PLAN Dale briefly discusses the new SBA Payroll Protection Program (PPP) and cautions against working with the wrong advisor! Questions to ask your "advisor" to see if they are just a sales agent: 1) Do you have a series 65 or 66 license? If the answer is "NO" you are working with a sales person. 2) Do you operate under the Fiduciary standard? If the answer is "NO" your advisor MAY not be putting your interest first. 3) Is the product your recommending sponsored by the same company that you WORK FOR? (in other words- is the logo on the policy or investment fund the same as the logo on their business card)If the answer is "YES" than you may not be getting unbiased advice. You want to make sure you are getting advise that is best for YOU and not for the COMPANY that your "advisor" is working for.
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.
