On 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.
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.
