Cover Your Assets KC podcast

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المحتوى المقدم من David Dickens. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة David Dickens أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

This Is Woman's Work with Nicole Kalil

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The 3 N’s - Negotiation, Networking & No with Kathryn Valentine | 327 37:43

منذ 5 weeks37:43

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قوائم

إعجاب

احب

37:43

Let’s talk about the three things women are told not to do: negotiate, network unapologetically, and say no like we mean it. Most of us have been programmed to default to yes—to the point that we feel guilty saying no, even when it’s the most obvious answer. And when we do say no? We often soften it, explain it away, and sugarcoat it so much that it barely sounds like a no at all. Kathryn Valentine—CEO of Worthmore Strategies and corporate badass helping companies retain and promote female talent—is here to flip that script. With experience advising Fortune 100s and dropping knowledge in places like HBR and Fast Company, Kathryn knows exactly how women can claim their worth, own their voice, and not feel bad about it. From salary talks to schedule shifts, from asking for more to turning down what doesn’t serve you, this episode is your reminder: your power doesn't come from being liked. It comes from knowing what matters and having the guts to go after it. Kathryn even drops her epic list of 76 things you can negotiate (yes, SEVENTY-SIX). So if you've ever softened your no or stayed silent in a meeting, this one’s for you. Connect with Kathryn: Website: www.worthmorestrategies.com 76 Things You Can Negotiate: www.76things.com Related Podcast Episodes: The Hard Truths Of Entrepreneurship with Dr. Darnyelle Jervey Harmon | 313 Toxic Productivity with Israa Nasir | 254 Be A Likeable Badass with Alison Fragale | 230 Share the Love: If you found this episode insightful, please share it with a friend, tag us on social media, and leave a review on your favorite podcast platform! 🔗 Subscribe & Review: Apple Podcasts | Spotify | Amazon Music Learn more about your ad choices. Visit megaphone.fm/adchoices…

Cover Your Assets KC Podcast

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Bite-sized financial and retirement planning guidance from David Dickens in Kansas City of CreativeOne Advisors Group. David Dickens is the President of CreativeOne Advisors Group and is a Chartered Financial Analyst (CFA®). He has more than 35 years of experience in the investment business. Any references to KC Financial Advisors should now be understood as referring to CreativeOne Advisors Group. Investment advisory services are offered through CreativeOne Wealth, LLC, a Registered Investment Adviser. CreativeOne Advisors Group is a DBA of CreativeOne Wealth. Insurance services are offered through Licensed Insurance Professionals.

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#Trading #Business News #Business #News #David Dickens #Social Security

Cover Your Assets KC Podcast

updated منذ 12 يومًا

منزل السلاسل•Feed

277 حلقات

#Trading #Business News #Business #News #David Dickens #Social Security

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Cover Your Assets KC Podcast

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Big Beautiful Bill Myths Debunked 26:39

منذ 12 يومًا26:39

26:39

Big tax law changes always bring big rumors. But before you assume Social Security is now tax-free or that you’re getting a $40K deduction just for breathing, let’s set the record straight on what this new bill didn’t actually do. This episode, David breaks down 6 of the most common myths floating around about the new “One Big Beautiful Bill Act.” Here are the myths we discuss in today’s show: Myth #1: “Social Security is no longer taxed.” Myth #2: “This new law means tax cuts for everybody.” Myth #3: “The tax brackets are permanent now, so I don’t need to worry.” Myth #4: “A $15M estate tax exemption means estate planning doesn’t matter anymore.” Myth #5: “Car loan interest is now fully deductible.” Myth #6: “I can skip itemizing and still get a huge deduction for giving to charity.” For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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The New Tax Law - What’s In It For Me? 16:44

منذ 6 weeks16:44

16:44

A new tax bill has officially passed (you’ve probably heard it mentioned as the “Big Beautiful Bill”). And while most headlines are focused on politics, we’re focused on what it means for your retirement. The choices you make in the next year or two could have a significant impact on how much you keep and how much goes to Uncle Sam. Today, David breaks down key parts that are most likely to affect retirees. Here’s some of what we discuss in this episode: 🧾 Why that viral Social Security headline needs clarification 📊 How a boosted standard deduction could potentially save you hundreds or even thousands 🧠 The Byrd Rule workaround Congress used to make it happen 🏠 Why SALT deduction changes matter more in high-tax states 🙌 How non-itemizers can now deduct up to $2,000 in giving 📅 Why 2028 is an important year to keep on your planning radar For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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The 4 Things You Can Control in Retirement 27:38

منذ 8 weeks27:38

27:38

Markets crash. Taxes shift. Congress waffles on Social Security. You can’t control any of that. And stressing over it won’t help. What will? Focusing on the four things that can actually help move the needle in retirement. Today, David walks through four key factors you can control and how they could make a lasting difference in your financial future. From managing market risk and creating lifetime income to building tax-smart wealth and planning beyond Social Security, David explains how to stay calm, focused, and strategic, no matter what headlines come your way. Here’s some of what we discuss in this episode: 📉 Controlling your exposure to market risk 💰 Building income streams you can’t outlive 🧾 Choosing where your wealth lives (and how it’s taxed) 🧓 Preparing your plan to be less reliant on Social Security For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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3 Financial Planning Essentials for Father’s Day 28:02

منذ 10 weeks28:02

28:02

This Father’s Day, give your family something that lasts: financial confidence. In this special episode, David outlines three essential financial steps every dad should prioritize, whether you’re chasing toddlers or preparing for retirement. From building a strong financial base to adjusting your budget as life changes, these timeless moves can help set your family up for long-term independence. Here’s some of what we discuss in this episode: 📊 The budgeting mistake retirees often make 📉 The one type of insurance dads often overlook 🧾 Living wills and beneficiary tips 🍼 How young dads can avoid future debt traps 🏠 The estate planning steps some dads forget Check out the Bankrate Insurance Calculator: https://www.bankrate.com/insurance/life-insurance/life-insurance-calculator/ For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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The 6 Things Everyone Should Know About An HSA 19:48

منذ 12 weeks19:48

19:48

Health Savings Accounts (HSAs) might just be the most powerful and overlooked tool in your financial toolbox. Today, David is breaking down six key things everyone should know about HSAs, from eligibility and contributions to how they can grow over time and work across job changes. Here’s some of what we discuss in this episode: 🩺 Who qualifies and who doesn’t 💰 Maximize annual contributions the smart way 📈 Using an HAS as an investment 🧳 What happens if you change jobs 💳 Tax-free withdrawals for medical expenses For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: What to Focus on When You’re Nearing Retirement 18:29

منذ 14 weeks18:29

18:29

Retirement planning can feel like a whirlwind, flooded with choices, tight timelines, and the pressure to “get it right.” In this special mailbag episode, David answers real questions from listeners who are navigating this very moment. One is preparing to retire and feeling overwhelmed; the other is already retired and sorting through the complexities of Roth conversions. Here’s some of what we discuss in this episode: 📬 Structuring reliable retirement income from Social Security, pensions, and withdrawals 📆 Why it’s crucial to have a retirement plan before you stop working 🚫 The IRS’s 5-year rule for Roth conversions 💡 The importance of budgeting in retirement Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences including (but not limited to) a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits, and higher taxes on Social Security benefits and higher Medicare premiums. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: Smart Estate Planning & Tax Strategies for a Secure Legacy 21:07

منذ 16 weeks21:07

21:07

Taxes don’t stop when your paycheck does, and they certainly don’t skip your heirs. In this episode, David tackles two common listener questions that reveal just how much tax strategy plays into smart retirement and estate planning. If you’ve been worried about how much your kids will owe in inheritance taxes or if you’re sitting on a pile of tax-deferred savings, David offers practical tips on ways to help you avoid getting a surprise tax bill. Here’s some of what we discuss in this episode: 🧾 Estate taxes: Do you need to worry? 💡 When a life insurance policy may be a smart estate tool 🏦 Roth conversions before RMDs—smart or not? 👀 Why your $1M IRA isn’t fully yours 📉 Gifting strategies to help reduce your taxable estate now Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences including (but not limited to) a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits, and higher taxes on Social Security benefits and higher Medicare premiums. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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What to Do (And Not Do) When the Market Drops 29:32

منذ 19 weeks29:32

29:32

The headlines are loud, the markets are messy, and your gut might be telling you to do something — anything — right now. But what should you actually do when your portfolio takes a hit? Instead of guessing what’s next or obsessing over breaking news, David walks you through four critical questions every investor should ask during turbulent times. From re-evaluating your plan and risk tolerance to exploring rebalancing and tax-loss harvesting opportunities, this episode gives you practical ways to stay grounded and focused. Don’t miss this important conversation as David covers what to do and not do in an unpredictable market. Here’s some of what we discuss in this episode: 📉 Why now is the time for a gut-check, not a panic move ⚖️ How to re-align your risk tolerance with reality 🔁 Smart moves: rebalancing and tax-loss harvesting 📺 What unhelpful behaviors to avoid 🧠 Why the best strategy might be to do nothing For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: Should I Set Up a Trust to Save My Kids Inheritance Taxes? 20:24

منذ 20 weeks20:24

20:24

We’re back with another mailbag episode! In this week’s edition, we’re tackling 3 great questions from listeners like you. These episodes are some of David's favorites, as they provide a chance to dive deep into key topics and explore the finer details. Ted is curious about how to manage the wealth he'll leave behind for his children. Roger is wondering if setting up a trust is the best way to help minimize the tax burden on his kids when they inherit his accounts. There are valuable lessons for everyone in this conversation, so don’t miss out on what you can learn today! Here are the questions we tackle in today’s show: ❓ “How can I determine how much money I can leave behind for my kids without compromising my retirement?” ❓ "My job might have layoffs with a severance package equal to a year's salary. Am I foolish for hoping to get laid off?" ❓“Should I set up a trust to help my kids save money on taxes when they inherit my investment accounts?” For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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7 Things To Know About Required Minimum Distributions 23:43

منذ 22 weeks23:43

23:43

Each year, David gets a lot of questions from his clients about required minimum distributions. Some are just beginning to take them, while others have been withdrawing for years but still have specific concerns. In this episode, he breaks down the 7 key things you need to know about RMDs. We’ll start with the basics, like what they are, when you need to start taking them, and which retirement accounts are affected. Then, we’ll dive into some of the trickier aspects, like how to calculate your RMD, what happens if you don’t take it on time, and more. The goal of this episode is for you to walk away learning at least a few things you didn’t know before. So, tune into this informative discussion today to see what you can learn! Here are the questions we discuss in this episode: 1️⃣ What is an RMD and when do I start taking them? 2️⃣ When should I start thinking about them? 3️⃣ How do I know which retirement accounts are included? 4️⃣ I have a bunch of retirement accounts. Do I take an RMD from each one? 5️⃣ What happens if I just say “no?” 6️⃣ But I don’t need all of that money. Can I escape somehow? 7️⃣ How exactly do I calculate my RMD? Check out the survey here: https://www.fa-mag.com/news/retirement-planning-survey-2024-80450.html For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Inside the Advisor’s Office: What People Are Actually Concerned About 32:01

منذ 24 weeks32:01

32:01

Ever wonder what other people talk about with their financial advisors? A new survey of nearly 400 experienced advisors reveals the biggest concerns and challenges, their clients are facing today. Today we’re breaking down the four biggest concerns clients have about retirement and how to overcome them. Here’s some of what we discuss in this episode: 📉 Outliving Your Assets – Why a written plan is crucial for financial security. 💰 Generating Reliable Income – How to create a paycheck-like cash flow in retirement. 📉 Market Crash Protection – Strategies to safeguard your investments. 🏥 Healthcare Costs – The reality of long-term care expenses and how to prepare. Check out the survey here: https://www.fa-mag.com/news/retirement-planning-survey-2024-80450.html For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Financial Planning Essentials: Social Security and Life Insurance 21:10

منذ 25 weeks21:10

21:10

Today we are covering two different listener questions. James is asking about starting Social Security at 62. You might be amazed how many times I get that question in my office. And then Barry wants to talk through life insurance, seems to think he has a lot of it and wants to know whether he should cancel some of it. These are two core areas of planning so let’s talk through how they should come to a decision. Here’s some of what we discuss in this episode: We’ll take you through the process for how we determine Social Security claiming strategies. Why it might not be the best idea for this person to take Social Security at 62 to pay off their mortgage. The questions you want to answer before getting rid of a life insurance policy. The different insurance products that you might look into. Check out the life insurance calculator: https://www.bankrate.com/insurance/life-insurance/life-insurance-calculator/ For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Retirement Lessons from Andy Reid: Super Bowl-Worthy Financial Strategies 21:49

منذ 28 weeks21:49

21:49

Well, the Kansas City Chiefs are going to the Super Bowl again. Their coach Andy Reid probably won’t be retiring anytime soon, but let’s still see what we can learn about retirement planning from these quotes from the Chiefs coach. Here are the quotes we discuss in this episode: “Every play is an opportunity. Make every snap count.” “We don’t focus on the scoreboard; we focus on the next play.” “Adjustments are not a sign of weakness; they are a sign of strategy.” For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Is It Time to Fire Your Broker? Let’s Discuss That and Social Security 17:48

منذ 30 weeks17:48

17:48

Today’s show is a little different than normal. Instead of diving into one topic, we’re going to tackle two separate planning items thanks to a couple questions from Bobby and Roy. Both questions involve important decisions that will impact retirement so let’s jump in. Here’s some of what we discuss in this episode: The different ages that matter for Social Security benefits and what you need to know. The reasons why he might want to wait to claim. Why your ‘underperfomance’ might just be good diversification. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414…

Cover Your Assets KC Podcast

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Am I Ahead Or Behind On My Retirement Savings? 19:49

منذ 32 weeks19:49

19:49

We’ve all seen stats about how much the average American has saved for retirement. But let’s be honest- being “average” when it comes to retirement savings isn’t likely to provide the lifestyle you want in your golden years. Instead, David will share some practical benchmarks you can use to measure your progress. He’ll also share some actionable steps to set yourself up for long-term success! Here’s some of what we discuss in this episode: Benchmarks for retirement savings based on age and income Where this money should be held The importance of starting early A great time to start is right now! New Years Resolutions Episodes https://coveryourassetskcpodcast.podbean.com/e/episode-155-2022-financial-resolutions-part-1/ https://coveryourassetskcpodcast.podbean.com/e/financial-resolutions-part-2/ For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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2024's Best Stocking Stuffer: Financial Freedom (PART 2) 23:48

منذ 35 weeks23:48

23:48

Join David for part two of our series on 2024 stocking stuffers for financial freedom. In this episode, we explore five actionable financial tips to help you wrap up the year and prepare for a prosperous 2025. From managing debt effectively to considering Roth conversions and utilizing Qualified Charitable Distributions, this episode will give you some areas to focus on. Here’s some of what we discuss in this episode: The number of people that carry credit card debt is pretty shocking. Consider Roth conversions to help reduce taxes in the future. QCDs are a fantastic way to not pay taxes on money that is otherwise definitely going to come out of your IRA. Why you need to be reviewing your plan annually. Don’t forget your Roth contributions! For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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2024's Best Stocking Stuffer: Financial Freedom (PART 1) 20:54

منذ 37 weeks20:54

20:54

The holiday season is here, and while you’re stuffing stockings for your loved ones, don’t forget to stuff your own financial stocking with tips that can bring you closer to a secure retirement. Today, we’re unwrapping 10 bite-sized, actionable ideas to help you save smarter, invest better, and plan for the future you deserve. From maximizing your retirement contributions to revisiting your estate plan, learn how to make the most of your financial situation as we approach 2025. We have plenty of stocking stuffer ideas so stay tuned for part two of the discussion next episode. Here’s some of what we discuss in this episode: Have you maxed out your retirement contributions for 2024? The benefits of consolidating old retirement accounts and the best way to it. Two clients stories about estate planning. Why would you want to harvest losses for your next tax return? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Trump's Victory & YOUR Portfolio 21:47

منذ 40 weeks21:47

21:47

The election is finally behind us and it’s hard to believe that we didn’t have a long, drawn-out process to determine the winner. Now that Trump is returning to the White House, it’s time to start looking at what policies his administration is considering and what those decisions could mean for your portfolio. Here’s some of what we discuss in this episode: Could the proposed tariffs be inflationary for the US economy? What does David think will happen with the tax cuts set to expire at the end of 2025? Is less regulation a good thing? How quickly will changes start to take effect? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: How Does a Trust Work? 20:04

منذ 42 weeks20:04

20:04

Building a nest egg or inheriting one can involve a lot of moving parts. You want to be strategic and make wise decisions to prepare you for the future and protect your assets against the possibility of a market crash. In today’s podcast, David answers three questions from the mailbag, all facing different financial situations. Here’s some of what we discuss in this episode: Mailbag: When to stop contributing to a 401(k) and pay off debt instead. Mailbag: How worried should I be about a market crash? Mailbag: How does a trust work? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Review These 5 "To-Dos" Before Year-End 15:22

منذ 44 weeks15:22

15:22

As we approach the end of the year, it's crucial to ensure your financial health is in top shape. In today’s podcast, David provides an essential checklist to help you optimize your financial strategy. Whether you're a retiree or still in the workforce, these practical tips will guide you towards a prosperous 2025. Here’s some of what we discuss in this episode: Fully funding your retirement accounts. Remember to make a Roth IRA contribution with money earned, even as retirees. Rebalance before year end. Consider a taxable brokerage account for things you can sell at a tax loss. If you have an FSA, use it or lose it! Resources for this episode: https://www.coveryourassetskc.com/episode-177-making-investment-losses-work-for-you For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Fed Rate Cuts are Good for Stocks…Right? 12:54

منذ 46 weeks12:54

12:54

Following the news of the rate cuts last week with the Fed, you may be wondering what that means. Is that a good thing? How could it impact your daily life? David breaks down what it means now and what has happened after rate cuts in the past. Based on that, he shares some financial possibilities for the near future and what the market outlook is. For investors, this short and sweet podcast packs a lot of valuable info in. Before you make any bold moves, David suggests a cautious approach as we wait and see what these rate cuts do to our economy. Here’s some of what we discuss in this episode: The Federal Reserve announced that they were cutting the Overnight Fed Funds Rate by half a percent. Is the Fed rate cut a good thing or a bad thing? What does the history or Fed rate cuts tell us? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414. What’s the key takeaway in all this for investors?…

Cover Your Assets KC Podcast

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Mailbag: How To Handle An Unexpected Layoff 23:56

منذ 48 weeks23:56

23:56

Whether you're facing a layoff, planning a financial gift for a new grandchild, or dealing with an inheritance, today’s podcast offers valuable insights and actionable advice. Beyond helping you save for retirement, as a financial advisor, David answers countless financial questions that come up over the course of his clients’ lives. Find out what he has to say when answering three questions from the mailbag! Here’s some of what we discuss in this episode: Mailbag: How to handle unexpected layoff? Mailbag: How to financially set up new grandchild? Mailbag: What taxes to plan for with inheritance? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Retirees In Their 70s Regret These 5 Things 24:17

منذ 50 weeks24:17

24:17

As we grow older (and wiser), it's natural to reflect on the decisions we've made and consider what we could have done differently in the past. In today’s episode, we delve into the top five retirement regrets of people in their seventies, inspired by a recent YouTube video created by someone else in their 70s. David shares his insight and advice for anyone in their fifties or sixties looking to avoid these common financial pitfalls. Here’s some of what we discuss in this episode: People wish they had retired earlier. Some wish they had spent more when they first retired. Retirees wish they took better care of their health. People wish they had taken up a hobby. Many wish they had traveled more. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Are Target-Date Maturity Funds Right for Your Retirement Plan? 27:07

منذ 52 weeks27:07

27:07

When it comes to planning for retirement, many people turn to target-date maturity funds for their set-it-and-forget-it appeal. In fact, if you have a 401k or an IRA rollover, chances are you have a target-date maturity fund. These are designed to automatically adjust your investment mix as you approach retirement, gradually shifting from a higher allocation of stocks to a more conservative mix of bonds and cash. This sounds ideal, but is it? In this episode, David and Walter discuss an interesting article by The Washington Post that questions whether these funds truly deliver on their promises. Here’s some of what we discuss in this episode: The popularity of target-date funds and how they work The performance of target-date funds over recent years What the 2025 portfolio looks like today The differences between Vanguard, Schwab, and Fidelity funds Understanding the drawbacks of these funds The Washington Post Article: https://www.washingtonpost.com/business/2024/07/23/target-date-funds-retirement-savers-explainer/ For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: Roth IRAs and 401(k)s 19:18

منذ 1 year19:18

19:18

When it comes to your investments, there are a lot of avenues you can take. How can you know you’re taking the best one for you? David answers three questions from listeners who are asking about accounting for taxes in retirement, putting money in a 401(k) or elsewhere, and managing an inherited IRA. Here’s some of what we discuss in this episode: Roth IRAs and preparing for rising taxes. How much to contribute to a 401(k) and when to pivot. Managing inherited IRAs. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Avoiding Procrastination in Your Financial Life 21:01

منذ 1 year21:01

21:01

Procrastination is a common temptation, but when it comes to your finances, it can have serious consequences. Whether you're in your twenties, thirties, or already nearing retirement, it's never too early or too late to start planning. By addressing these key areas and avoiding procrastination, you can secure a more stable and enjoyable financial future. Here’s some of what we discuss in this episode: The dangers of financial procrastination. Deferring taxes could be costly in the future. Eliminating debt is like eliminating rust on your car. Setting up legal and estate documents protects your family. Delaying Social Security is a personal decision. Having a plan allows you to enjoy and understand your financial life. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Roth IRAs as an Inheritance Strategy 20:48

منذ 1 year20:48

20:48

When your heirs inherit a Roth IRA, they are not required to take distributions, which allows the account to continue growing tax-free for up to ten years. This flexibility can be a significant financial boon, especially if your heirs are in their prime earning years and want to defer withdrawals until they are in a lower tax bracket. The question is, should you do a Roth conversion now? Here’s some of what we discuss in this episode: Is inheriting a Roth IRA a real positive? What are the primary investment asset types to inherit? Should older parents do Roth conversions to benefit their children’s inheritance? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Should Wealthy Taxpayers Make Roth Contributions? 26:55

منذ 1 year26:55

26:55

If you’ve listened to David for long, you’ve heard his affinity for the Roth, but does that apply to everyone ? When it comes to planning for retirement, high earners need to decide whether to contribute to a Roth account or a traditional IRA. But first, who is considered a high earner? And why does a Roth matter? Here’s some of what we discuss in this episode: The two ways to get money into a Roth. How taxes make a big difference on the decision. Why a Roth conversion can be a solid strategy. Who this advice most commonly applies to. For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Sequence of Returns: The Largest Risk You Haven’t Considered 22:50

منذ 1 year22:50

22:50

When planning for retirement, most people focus on the rate of return their investments will yield. However, there's an often overlooked risk that can significantly impact your financial future: the sequence of returns. In this podcast episode, David explains why the order in which you earn returns can arguably be more important than the rate itself. Here’s some of what we discuss in this episode: What is sequence of return risk, and why is it important in financial planning? How does the order of investment returns impact retirement outcomes? What are some strategies to mitigate sequence of return risk? Download the Sequence of Returns PDF HERE! For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

Cover Your Assets KC Podcast

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Mailbag: Can I Retire Spur Of The Moment? 17:16

منذ 1 year17:16

17:16

The choices we make with our money often come down to more than mere numbers. David answers three questions from listeners who are facing different situations in life and looking for what to do next. From wanting to retire ASAP to coming into a financial windfall, it’s important to have a strategy in place to make sure the money works toward your goals. Here’s some of what we discuss in this episode: Mailbag: Can I retire right now? Mailbag: Should I rollover my 401(k)? Mailbag: What should I do with settlement money? For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.…

مرحبًا بك في مشغل أف ام!

يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.