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Cover Your Assets KC Podcast

Business & Economics Podcasts

Bite-sized financial and retirement planning guidance from David Dickens in Kansas City. Dave Dickens is the President of KC Financial Advisors and is a Chartered Financial Analyst (CFA). He has more than 35 years of experience in the investment business.

Bite-sized financial and retirement planning guidance from David Dickens in Kansas City. Dave Dickens is the President of KC Financial Advisors and is a Chartered Financial Analyst (CFA). He has more than 35 years of experience in the investment business.

Location:

United States

Description:

Bite-sized financial and retirement planning guidance from David Dickens in Kansas City. Dave Dickens is the President of KC Financial Advisors and is a Chartered Financial Analyst (CFA). He has more than 35 years of experience in the investment business.

Language:

English

Contact:

919-378-1410


Episodes

Episode 102: When’s a Good Time for a Roth Conversion?

11/24/2020
We cover one of David’s favorite topics while answering three questions from the mailbag today. From Roth conversions, investment choices, and pension decisions, we’ve got you covered when it comes to retirement planning. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-102-whens-a-good-time-for-a-roth-conversion/ What we discuss on this show: 0:58 - Happy Thanksgiving! 2:31 - Mailbag: Is it a bad idea to do a Roth conversion on a high...

Duration:00:20:46

Episode 101: End-of-Year Financial Planning

11/19/2020
A lot has happened this year, particularly in the past few weeks. As 2021 approaches, how do we need to prepare? What’s significant about changing from one year to the next? What financial moves do you need to make now? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-101-end-of-year-financial-planning/ 2:17 - 2021 is around the corner. 4:07 - Tax moves you might want to make. 7:35 - What would happen if Biden increases the tax rate on...

Duration:00:21:09

Episode 100: How Much Can You Afford to Spend + More Mailbag

11/6/2020
How do you know when you have enough saved for retirement? How do you know when there’s enough left over to do something else like travel or take on a home renovation? We’ll answer your mailbag questions on today’s episode. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-101-can-we-afford-to-do-this-and-still-have-enough-for-retirement/ What we discuss on the show: 1:04 - Today’s advice was recorded before the election. 1:47 - Mailbag:...

Duration:00:20:02

Episode 99: Understanding and Implementing Wills & Trusts

10/29/2020
Do you have a will or trust? What part do they play in your financial plan? What mistakes do you want to be sure to avoid when setting them up? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-99-understanding-and-implementing-wills-trusts/ What we discuss on this show: 2:40 - People often overlook estate planning. 3:24 - Why are wills and trusts important? 4:47 - How do you know if a will or trust is right for you? 6:55 - Is a trust just...

Duration:00:21:46

Episode 98: Can You Pass This Social Security Quiz?

10/22/2020
Are you ready to put your knowledge of Social Security to the test? How does Social Security fit into your retirement plan? Take the quiz on today’s episode. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-98-can-you-pass-this-social-security-quiz/ What we discuss on this show: 0:42 - David is putting co-host Walter to the test. 2:25 - What percent of Americans over age 65 receive Social Security? 3:36 - What’s the most common age for...

Duration:00:26:44

Episode 97: Can I Claim Ex-Husband’s Social Security Benefits + Other Questions

10/15/2020
From Social Security benefits to long-term care coverage to incentivizing your children, we answer four questions from the mailbag today. David shares his advice for these listeners navigating different situations in their financial plan. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-97-can-i-claim-ex-husbands-social-security-benefits-other-questions/ What we discuss on this show: 1:08 - Mailbag: How do you wisely handle sharing an...

Duration:00:18:46

Episode 96: Would My Taxes Go Up If Biden Becomes President?

10/8/2020
Are your taxes going up if Biden gets elected? David talks through some of the numbers and examples of how his tax plan could impact you. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-96-would-my-taxes-go-up-if-biden-becomes-president/ What we discuss on the show: 0:40 - Will my taxes go up if Biden is elected? 2:01 - What do people typically fear will happen if Biden is elected? 5:24 - What will happen to the taxes of people not in the...

Duration:00:18:57

Episode 95: 3 Things Your Heirs Should Know

10/1/2020
You may have spent plenty of time planning for your legacy, but do your heirs know what they need to know? What conversations should you be having with them now? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-95-3-things-your-heirs-should-know/ What we discuss on this show: 1:48 - What should you be thinking about with the next generation? 2:52 - #1: Make sure that you have a healthcare directive or living will. 5:39 - #2: Have a will...

Duration:00:15:04

Episode 94: Millennials In Retirement

9/24/2020
Even though it’s still a little way off, how can Millennials best prepare for retirement? What kinds of strategies should they implement as a part of their financial plan? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-94-millennials-in-retirement/ What we discuss on this show: 0:34 - What should Millennials be doing to save and prepare for retirement? 2:06 - Be focused and working on your career. 3:57 - Tip #1: Save at least 10 percent...

Duration:00:26:50

Episode 93: Stuff You Should Know In The Financial World

9/17/2020
Did you know…? From the global bond market to living benefits, we share what kind of stuff should you know when it comes to your financial decisions on today’s podcast. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-93-stuff-you-should-know-in-the-financial-world/ What we discuss on the show: 0:34 - Fall sports are back! 2:26 - The global bond market is about twice the size of the global stock market. 5:09 - Income tax rates are...

Duration:00:19:32

Episode 92: Mailbag - Should You Be Rebalancing?

9/3/2020
Are you wondering if you should do a rebalance? David answers this question, as well as two others from the mailbag this week. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-92-mailbag-should-you-be-rebalancing/ What we discuss today: 1:47 - Mailbag: Should I rebalance? 2:48 - How does David breakdown a portfolio? 3:47 - Why is a rebalance important? 8:29 - Mailbag: Is 33 different mutual funds adequate diversification? 13:47 -...

Duration:00:18:57

Episode 91: What’s the Future of Social Security?

8/27/2020
What should you know when it comes to Social Security in the future? Will it still be there for you when you need it? How should your retirement plan account for Social Security? We’ll talk all things Social Security on today’s show. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-91-whats-the-future-of-social-security/ What we discuss: 1:07 - What is Social Security’s future? 2:48 - How will we keep it going? 4:03 - What’s the history of...

Duration:00:17:40

Episode 90: 3 Reasons to Review Your Tax and Estate Plan Now

8/20/2020
Regardless of your age, here are three reasons you may want to review your tax plans and estate plans before the end of the year. Do you have everything set up in the most beneficial way? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-90-3-reasons-to-review-your-tax-and-estate-plan-now/ On today's show: 0:34 - This show has something for everyone when it comes to tax strategy. 1:31 - Why should you review your tax and estate plan right...

Duration:00:16:15

Episode 89: Which Presidential Outcome Will Be Best for Your Portfolio?

8/13/2020
How does this year’s 2020 election results impact your finances? We run through several possible outcomes to see what may be most beneficial from a financial standpoint. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-89-which-presidential-outcome-will-be-best-for-your-portfolio/ On today's show: 0:32 - What’s the latest in the news? 1:36 - Which presidential outcome will be best for your portfolio? 3:31 - What happens if it is full...

Duration:00:21:06

Episode 88: Building a Financial House

8/6/2020
More than a mere structure, your financial plan creates the blueprint for the life and home you live in. What does it take to build a financial home that will withstand the test of time? Join us as we lay out the similarities between constructing a plan and constructing a house. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-88-building-a-financial-house/ On today's show: 1:50 - What goes into building a house? 3:13 - Building a financial...

Duration:00:19:04

Episode 87: 3 Listener Questions about Retirement Planning

7/30/2020
Should you follow the “Rule of 100”? Are you wanting to retire sooner than originally planned? Where should your retirement income come from? David answers these listener questions on today’s episode of Cover Your Assets KC. Read more about this topic: https://coveryourassetskc.com/episode-87-3-listener-questions-about-retirement-planning/ On today's show: 1:02 - Mailbag: Can you explain the rule of 100? 4:34 - Mailbag: Which account should you withdraw from first in...

Duration:00:15:59

Episode 86: What Your 401(k) Rollovers Options Are

7/23/2020
Do you know when and how to do a 401(k) rollover? What type of rollover do you choose and where do the funds go? Find out on today’s podcast. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-86-what-your-401k-rollovers-options-are/ Today's show schedule: 1:07 - What are your options for rolling over a 401(k)? 2:53 - When you leave a company, what happens with your 401(k)? 6:01 - What’s the difference between direct and indirect...

Duration:00:17:04

Episode 85: Dealing with the Death of a Spouse

7/16/2020
While it’s unpleasant to think about, preparing for what happens when one spouse dies is a critical component of your financial plan. David has worked with several surviving spouses and shares what’s important to focus on when it comes to your financial plan during that transition. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-85-dealing-with-the-death-of-a-spouse/ Today's show schedule: 1:45 - What are the financial difficulties...

Duration:00:21:32

Episode 84: How to Prepare for Early Retirement

7/9/2020
Does retiring at 55 sound like a good idea? Russ, one of our listeners, thinks so and wants to know how he can prepare to do so. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-84-how-to-prepare-for-early-retirement/ Today's show schedule: 1:24 - Mailbag: What can I do to prepare to retire early? 3:14 - How much am I going to spend in retirement? 5:38 - How will you cover your healthcare? 7:29 - Where will your income come from? 10:21 -...

Duration:00:16:43

Episode 83: What To Know About The 4 Types Of Annuities

7/2/2020
Annuities might just be the most controversial topic in the retirement landscape, but why are they such a polarizing set of products? Find out what David thinks about the four different types of annuities and get lots of detail on each one on today’s episode. Show Notes, Resources & Contact Info: https://coveryourassetskc.com/podcasts/ Timestamps: 0:59 - Annuities are a controversial topic. 3:15 - It’s important to use the right tools. 5:04 - Type #1: Immediate annuity 9:22 - Type #2:...

Duration:00:24:47