On this episode of the Retirement Matters podcast, we dive into an important issue that affects all retirees: inflation and interest rates, and how they are connected in the current economic landscape. Please note, this episode aired live on February 22, before the Federal Reserve made any definitive announcements about raising interest rates. At that time, there was a lot of speculation about a potential rate hike to manage inflation.
If you've been following the show for a while, you know I've never been a strong advocate for raising interest rates, and I've always believed they might have acted a bit prematurely. Whether it's due to conspiracy theories or various theories floating around, we now find ourselves at a crossroads. How the Fed responds could have significant implications for many retirees, and it's important to stay vigilant.
That's where RDS Wealth comes in. We're here to help you navigate these uncertainties with tools like our Risk-On, Risk-Off Portfolio, which we briefly introduce at the start of this episode. We also explain where to find more details about this strategy in a recent Kiplinger article. A simple Google search will bring it up, as it's prominently featured on their site.
In the final segment, we shift focus to discuss the differences between growth and income advisors, and why it's crucial to work with the right type of advisor based on where you are in your retirement journey.
So without further ado, let's jump into this week's episode Inflation Again and What to do About it. Enjoy the show!
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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.
