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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 120: What’s Changed with Inherited IRAs?

4/15/2021
When financial planning, what do you need to know about inherited IRAs when it comes to leaving a legacy? What is most beneficial to your heirs in the future? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-120-whats-changed-with-inherited-iras/ What we discuss on this episode: 2:34 - In the last few years a lot has changed with inherited IRAs. 4:05 - Generally, you have up to 10 years to clear out an inherited IRA. 6:32 - What if you...

Duration:00:17:23

Episode 119: Basketball and Financial Planning

4/8/2021
As March Madness came to a close, we wanted to have a little fun and talk about what basketball and financial planning had in common. Is your financial plan ready for its one shining moment? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-119-basketball-and-financial-planning/ What we discuss on this episode: 2:08 - What can we learn about retirement planning from basketball, starting with the shot clock? 7:24 - What’s the retirement...

Duration:00:20:55

Episode 118: Things You Should Never Assume In the Financial World

4/1/2021
Are you assuming when it comes to your financial plan? Let’s talk about what common assumptions people have and how to properly plan and prepare for retirement. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-118-things-you-should-never-assume-in-the-financial-world/ What we discuss on this episode: 4:37 - Do you assume you’ll spend less in retirement? 6:57 - Assume your taxes will be lower in retirement? 10:34 - Think you should get your...

Duration:00:17:19

Episode 117: Where Can I Find Mutual Funds with 10 Percent Returns?

3/25/2021
On the lookout for mutual funds with high returns because you’ve heard it’s possible? David answers three questions from the mailbag in today’s show as you make financial decisions. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-117-where-can-i-find-mutual-funds-with-10-percent-returns/ What we discuss on this episode: 1:22 - Mailbag: Will my Social Security and pension be enough? 6:07 - Mailbag: Where can I find returns that earn over 10...

Duration:00:18:57

Episode 116: 4 Steps to Help You Plan Ahead for Taxes in Retirement

3/18/2021
Have you given much thought to taxes in retirement? What can you do to prepare effectively for what the future may hold? Read more and get additional financial resources here: https://coveryourassetskc.com/episode-116-4-steps-to-help-you-plan-ahead-for-taxes-in-retirement/ What we discuss on this episode: 0:37 - David is back in town! 4:05 - Why is it important to plan ahead for taxes? 6:17 - Should you include diversification in your retirement taxes? 7:51 - What are the four...

Duration:00:21:44

Episode 115: 5 Keys to a Strong Financial Foundation

3/11/2021
What is your financial foundation? Every financial house needs a strong foundation. Whether you are just starting out or already into retirement, you want a firm and healthy foundation. On today’s episode of Cover Your Assets KC, David talks about the five keys you’ll want to build your financial base. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-115-5-keys-to-a-strong-financial-foundation/ What we discuss on this episode: 1:29 - Have...

Duration:00:23:29

Episode 114: Mailbag - Save Up for Rental Property or Pay Off House?

3/4/2021
This or that? Which is better? David answers three mailbag questions that ask what to do while trying to make wise investment decisions. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-114-save-up-for-rental-property-or-pay-off-house/ What we discuss on this episode: 0:26 - Feeling ready for spring? 2:04 - Mailbag: Pay off the house or save for a rental investment property? 10:28 - Mailbag: How many 401(k) funds should I have? 17:29 -...

Duration:00:26:11

Episode 113: 5 Things to Know About Capital Gains

2/25/2021
If you’ve ever invested, you’re at least familiar with capital gains, but do you understand how much they impact your future? Today we’ll tell you five things that you need to know about capital gains and how to account for them when investing. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-113-5-things-to-know-about-capital-gains/ What we discuss on this episode: 1:43 - What’s the difference between a short-term capital gain and a...

Duration:00:17:16

Episode 112: Types of Financial Risk to Watch Out For

2/18/2021
What risks might you encounter when it comes to your finances? How prepared are you for what may come? Find out more about the different types of risk and how to account for them in planning. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-112-types-of-financial-risk-to-watch-out-for/ What we discuss on this episode: 0:30 - Is David a risk-taker? 1:59 - What are the different types of risk in finances? 3:16 - Market risk 7:47 - Interest...

Duration:00:25:50

Episode 111: The Story Behind GameStop Stock

2/11/2021
What just happened with GameStop, causing a wild week on Wall Street? Today on the podcast, David gives an explanation of what GameStop is, why its stocks soared, and what we can learn from the situation. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-111-the-story-behind-gamestop-stock/ What we discuss on this episode: 0:29 - David shares what part of the country he’s visiting right now. 2:29 - What lessons can be learned from...

Duration:00:24:21

Episode 110: Financial Resolutions - Answering Your Questions

2/4/2021
Have you started working on your financial resolutions yet? What kind of questions have delayed you from reaching your goals? Today we’ll provide answers to help you stay on track financially this year. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-110-financial-resolutions-answering-your-questions/ What we discuss on this episode: 1:31 - Mailbag: How do I make a plan to address $30k in credit card debt? 2:49 - What five steps will get...

Duration:00:25:22

Episode 109: SLY - Safety, Liquidity, and Yield

1/28/2021
Does your portfolio contain these three qualities? How can you create a balanced portfolio Today we’ll talk about some foundational principles that David’s business and financial security are built on. Show notes and additional financial resources: https://coveryourassetskc.com/episode-109-sly-safety-liquidity-and-yield/ What we discuss on this episode: 0:41 - What are the three qualities of money? 2:16 - What qualities do you want in a portfolio? 3:26 - Why can’t I have all three...

Duration:00:19:42

Episode 108: 5 Important Retirement Statistics

1/21/2021
What can we learn from these retirement statistics? Sometimes the data available can help guide you and your decisions when it comes to planning for retirement. On today’s episode of the Cover Your Assets KC podcast, we discuss five important statistics you’ll want to keep in mind. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-108-5-important-retirement-statistics/ What we discuss on this episode: 1:35 - What are important retirement...

Duration:00:21:09

Episode 107: 2021 New Year's Financial Resolutions, Part 2

1/14/2021
Ready to hit the ground running with your financial resolutions? David gives a list of seven things to cover in this two-part series. Check out part 1 here: https://coveryourassetskc.com/episode-106-2021-financial-new-years-resolutions-part-1/ Read more and get additional resources here: https://coveryourassetskc.com/episode-107-2021-financial-resolutions-part-2/ What we discuss on this episode: 0:54 - What were the first three financial resolutions? 3:00 - Save as much as you can...

Duration:00:26:42

Episode 106: 2021 Financial New Year’s Resolutions, Part 1

1/7/2021
As we kick off the new year, let’s look to some financial resolutions. Have you set resolutions for the year yet or are you feeling a bit of the 2020 burnout? These resolutions are really important to your financial future--so important, that this will be a two-part series. Hopefully by the end of January, you have all seven of these action steps nailed down. Read more and get additional financial resources here:...

Duration:00:23:47

Episode 105: No Democratic Sweep? Some Final Tax Strategies Of 2020

12/17/2020
What can you still do before the year ends? David talks through four strategies that you’ll want to consider before the clock strikes midnight on December 31. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-105-no-democratic-sweep-final-tax-strategies-of-2020/ What we discuss on this show: 0:23 - This is our final show of 2020. Ready for 2021! 3:43 - Biden will be taking over the presidency, but we don’t know yet about the Democratic...

Duration:00:25:06

Episode 104: Are You Counting On Social Security?

12/10/2020
What will happen to Social Security? Can you plan on it as a part of your retirement plan? How can you set realistic expectations for what’s to come? We’ll talk about this important piece of income planning. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-104-are-you-counting-on-social-security/ What we discuss on this show: 1:13 - Should you count on getting Social Security? 4:25 - When will Social Security run out of money? 8:47 - Will...

Duration:00:19:30

Episode 103: Things Nobody Says About Their Financial Plan

12/3/2020
Wondering what to do with your financial plan but don’t want to later regret it? Here’s a few things people never seem to come back and complain about. Read more and get additional financial resources here: https://coveryourassetskc.com/episode-103-things-nobody-says-about-their-financial-plan/ What we discuss on this show: 2:05 - What are some things nobody says? 2:35 - “I regret putting money into my Roth IRA every year.” 5:25 - “I should have spent more and saved less.” 7:36 -...

Duration:00:20:42

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