This week on the David Lukas Show, our host David speaks on the importance of knowing which products are great for Savers—ergo light on fees. Because fees are the number one factor in asset erosion, David stresses the importance in picking products with the lowest fees is the best way to ensure positive return.

With these factors in mind, David plays and then discusses a clip from the PBS special, The Retirement Gamble, which explains, specifically, how devastating the compounding costs of fees can and will be to your retirement account. 

“What I uncovered while making this documentary made me rethink my financial future. It just might do the same for you.

Because as long as they don’t run away with our money or invest it in a Ponzi scheme, they have little in the way of accountability to us when something goes wrong. And even then it can be hard to fight back.”

David then plays a second clip from an interview with author John Bogle where Bogle states that there needs to be a full disclosure of fees and advisor (retirement or financial) profit before investments are made. Basically, what it all boils down to, is this: Do you really want to participate in a system where you put up 100% of the capitol, assume 100% of the risk, and only receive 30% of the return?

David closes the show by answering a couple of valued listeners’ email questions. The first question being…

From Little Rock,

Hi. I’m soon to be 66, in March 2016, and I want to enroll and then suspend my Social Security payments until later. I read where the government will be eliminating that program sometime next year. Will I still qualify for that suspension, if I do it before the program’s eliminated?

I also read that I can increase my Roth payments more than max if I had not contributed max annual payments over my life. I didn’t start retirement plans till I was 48. Thank you. 

To hear the insight David—Little Rock’s own retirement expert—has to give, listen to the entire show today! Do you have Roth IRA or retirement questions? If so, call or write in to David Lukas Financial, and possibly get your question(s) answered on the air!

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry.

Attention: Arkansas listeners age 60 and up:  request your FREE 2015 social security guide (43rd edition) by calling (501) 218-8880 today!

And remember, your best defense is an informed mind. Knowledge is power.

Concerning the horrific event that occurred on December 2^nd 2015: Our thoughts and prayers are with the San Bernardino victims and their families through this heartbreaking time. There is nothing that can be said that will ease the pain of their loss. May God bless and keep them for they are in His care now and forever. 

During this all-new installment of the David Lukas Show, David first speaks on the most recent act of terrorism placed upon Americans in San Bernardino, CA. on December 2^nd 2015. 

Throughout the first half of the show, David speaks candidly on topics such as: gun control, media sensationalism, migration, and the scary lengths at which terrorists will go to fulfill their singularly evil agendas. Also mentioned and discussed, bible verses that explain and comfort in these troubled times. 

During the second half of the show, David gets back to business, so to speak, by chatting about author Barry Dyke’s third book Guaranteed Income A Risk Free Guide to Retirement. It’s Barry’s latest publication recommended by David, himself, and soon to be added to the DL Show’s Recommended Books page. Once added to the Saver’s arsenal of knowledge, Guaranteed Income A Risk Free Guide to Retirement will prove to be an invaluable resource for new or soon to be retirees looking to enjoy the second half of their lives WorryFree®. 

To hear all that David has to say, listen to the entire episode today. 

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry.

The date for the upcoming retirement workshop, hosted by David Lukas Financial, is still undecided. Check the events page frequently for updates.

Arkansas listeners age 60 and up:  request your FREE 2015 social security guide (43rd edition). Call (501) 218-8880 to secure your copy today!