Cover Your Assets KC Podcast
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.
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Episodes
Thursday Feb 24, 2022
Thursday Feb 24, 2022
Just what matters most when it comes to planning and saving toward your retirement? We compare notes between a number of experts and David weighs in on how and where to focus your efforts.
What we discuss on this episode:
0:23 - It’s still snowing!
1:59 - What is the most important part about retirement planning?
3:16 - Decide what you want to do with your time.
5:55 - Start now.
8:28 - How much you’ll spend in retirement is hard to predict.
11:00 - Are proper allocations arguably the most important step?
12:55 - Is your retirement fulfilling?
15:14 - Picking the right planner makes all the difference.
16:59 - What does David say is most important?
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Feb 17, 2022
Thursday Feb 17, 2022
Are you ready to do a rollover or dreading the need to do a required distribution? David explains some recent updates that may make this a bit easier for you.
What we discuss on this episode:
0:30 - Today we’ll talk about something for everyone.
1:09 - What recent changes have been made?
2:30 - Why does the life expectancy table change matter?
7:34 - How can you do an IRA rollover without issue?
10:45 - David shares a client example of a rollover.
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Feb 10, 2022
Thursday Feb 10, 2022
There’s a lot we can’t know, so how do you plan for it? From taxes to market crashes, David talks through what you can do to make sure you aren’t caught off-guard when the unexpected happens.
What we discuss on this episode:
0:32 - Today’s podcast is from the road!
3:36 - If you knew the answers to the unpredictable it would be easier.
4:07 - When is the next market crash going to happen?
5:47 - What happens with a downturn and with a recession?
9:33 - What will healthcare costs look like in 20 years?
12:12 - What will taxes by like?
16:08 - How long are you going to live?
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Feb 03, 2022
Thursday Feb 03, 2022
Feeling a bit whiplashed from the stock market volatility? David discusses what just happened with the stock market and what we can do as we look toward the future.
What we discuss on this episode:
0:27 - This week’s Chiefs game was a shock.
1:30 - We’ve been seeing volatility in the stock market.
3:53 - What happened?
8:32 - Are the markets in a correction?
11:52 - Do corrections matter?
15:29 - Where do we go from here?
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Jan 27, 2022
Thursday Jan 27, 2022
Losing 100 pounds is a huge accomplishment, but it didn’t happen overnight! We talk about what it takes to achieve big goals, both with weight loss and with our financial plan.
What we discuss on this episode:
0:55 - Co-host Walter lost 100 pounds in 2021!
3:13 - What was the plan?
6:54 - What was the inspiration point for David to get into financial planning?
10:20 - Having a plan makes you more likely to reach your goal.
15:20 - Success breeds more success.
17:41 - Recognize that you will have setbacks.
21:10 - Retirement may be a ways away and hard to visualize the end goal.
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Jan 20, 2022
Thursday Jan 20, 2022
If your finances seem to be in order, how important is it to have a monthly budget? Is life insurance necessary if you have no kids? What assets should you list on your net worth statements? David answers these questions today!
What we discuss on this episode:
1:28 - Do I need life insurance if I’m young and don’t have kids?
7:24 - Do I have to have a budget?
13:10 - What assets can I list on my net worth statement?
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Jan 13, 2022
Thursday Jan 13, 2022
What else can you do to get into good financial shape in the new year? We talk through three more financial resolutions you can make right now.
What we discuss on this episode:
0:59 - Increase your retirement savings.
4:52 - Save as much as you can, as early as you can.
9:25 - Protect your family from catastrophic risks.
Get additional financial resources here: https://www.coveryourassetskc.com/podcasts
Thursday Jan 06, 2022
Thursday Jan 06, 2022
How can you get your finances in better shape this year? David starts with three financial resolutions to make on this two-part series.
Read more and get additional financial resources here: https://www.coveryourassetskc.com/episode-155-2022-financial-resolutions-part-1
What we discuss on this episode:
0:27 - What resolutions have David and Walter made?
4:55 - Find out your net worth.
13:08 - Pay off your credit card debt.
17:46 - Are other types of debt just as bad?
21:05 - Establish an emergency fund.
Thursday Dec 30, 2021
Thursday Dec 30, 2021
What are some of the top questions David received this year? We revisit five questions from the mailbag before ringing in the new year.
Read more and get additional financial resources here: https://www.coveryourassetskc.com/episode-154-best-of-2021-listener-questions
What we discuss on this episode:
1:15 - Is it a good idea to put my son as a joint owner on our home?
5:20 - Should I sell my stock or pay more attention to the tax bill?
8:45 - What can you do about RMDs?
13:37 - Should I consider an early retirement package?
17:54 - Should I use a robo-advisor for my HSA investment?
Thursday Dec 16, 2021
Thursday Dec 16, 2021
How can you simplify your retirement and why does it matter? David shares why you may want to consolidate your retirement savings and the three ways it benefits you.
Read more and get additional financial resources here: http://www.coveryourassetskc.com/episode-153-one-easy-way-to-simplify-your-retirement
What we discuss on this episode:
2:37 - Way less information to keep track of.
4:32 - You’ll have access to more options.
5:35 - RMDs can be a nightmare if they are still with former employers.
7:50 - David shares a client story of someone who needed to consolidate.