On this episode of the Retirement Matters Podcast, we take a thoughtful look at the Indexed Universal Life policy, often referred to as a "7702 plan." If you've been exploring retirement income strategies, chances are you've come across this type of plan. While it can be a legitimate tool in certain financial situations, it's important to understand exactly how it works—especially before making any long-term decisions.
In this episode, we'll explain the structure of IULs, how they're commonly presented, and the key details that can make or break their effectiveness in a retirement plan. Not all IULs are created equal, and we'll walk through what to look for to determine if one has been properly designed for your specific needs.
In the second part of the show, recorded live on May 10, we take a quick look at current market conditions as we head into mid-2025. These insights are always evolving, but if you're curious about how we approach market trends and corrections, this part offers some useful perspective.
Finally, we wrap up with one of the most important segments: what to do after a market downturn. If you're nearing retirement—or already retired—and felt the impact of the recent April 2nd dip, this part is especially relevant. The steps you take now can help protect your long-term financial wellbeing.
We hope you find this episode helpful and informative. If you have any questions about IULs, retirement income strategies, or navigating market volatility, we'd be happy to help. You can reach us anytime at contact@rdswealth.com. And if you're enjoying the show, please consider subscribing, sharing, or leaving a review to let us know how we're doing!
Interested in our Retirement Readiness Class on May 27th? RSVP by giving us a call at 270.600.PLAN or email at contact@rdswealth.com!
Always remember to Save Money, Plan Well, and Live Happy in Retirement.
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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.
