Retire SMART Podcast

This episode takes a look at several local financial stories, including Omaha Public Schools’ budget error, state and county spending concerns, and the ballooning price tag of a Sarpy County water park. David and Chip close with a look at a surprising restaurant surcharge.

David sits down with financial advisor Mike Schudel to discuss what can be learned from the way Dolly Parton’s estate was reportedly structured, and why thoughtful planning can help prevent family conflict after someone passes away. They also explore why estate plans should be reviewed regularly, how trusts can fit into a broader strategy, and the importance of communicating your wishes before they become someone else’s legal battle.

This is Part 4 of our Advisor Talk special where David Brooks sits down with Rebecca Kincaid of Kincaid Wealth Management to talk about her journey into the financial industry, building her own practice, and the lessons she’s learned along the way. The conversation covers everything from growing a team and creating systems that deliver on client expectations to using tax planning as a catalyst for deeper client relationships and business growth. Across this multi-part special, David and Rebecca share real-world experiences, challenges, and practical lessons for advisors looking to grow their practices while continuing to better serve their clients.

This is part 2 of our advisor talk special where David Brooks sits down with Rebecca Kincaid of Kincaid Wealth Management to talk about her journey into the financial industry, building her own practice, and the lessons she’s learned along the way. The conversation covers everything from growing a team and creating systems that deliver on client expectations to using tax planning as a catalyst for deeper client relationships and business growth. Across this multi-part special, David and Rebecca share real-world experiences, challenges, and practical lessons for advisors looking to grow their practices while continuing to better serve their clients.

Today David explores FNBO’s continued expansion through a major Colorado bank acquisition and explains why scale matters in an increasingly competitive banking industry. The conversation then dives into sophisticated wealth-building strategies like private placement life insurance before tackling Social Security’s long-term funding challenges and potential solutions, including changes to taxes, eligibility ages, and retirement income planning.

With Medicare open enrollment approaching, David sits down with financial advisor Blake Grimm to break down the key changes coming for 2027 and the important decisions retirees face when choosing between Medicare, employer coverage, Medicare Advantage, and supplemental plans. They also discuss how healthcare costs, taxes, HSAs, and even moving to another state can affect your overall retirement strategy.

Omaha lands among the best U.S. cities for career opportunities, pay, and quality of life—but what makes it such a strong place to work? David also breaks down why LeBron James borrowed nearly $300 million and how wealthy investors can use lending and tax strategies to grow their wealth.

David examines Nebraska's position as the nation's highest net contributor to the federal government before discussing how tax and fiscal policies can influence where people and businesses choose to live and operate. The conversation then turns to education, including changing grading standards and policies at the University of Michigan, before closing with a warning about the growing popularity of day trading and gambling-style investing among young men—and the potential consequences for long-term wealth building.