The Money Knight

Ep 33: Things Nobody Says

You’ve probably never heard anyone make these statements that we’ll provide on today’s episode. And there are some great reasons why.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 32: A 5 Question Retirement Preparedness Quiz

Want to grade your preparedness for retirement? Here are five key questions you need to ask yourself. Your answers will help determine how ready you are for retirement.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 31: Is Diversification for Suckers?

If you look up quotes about diversification from famous investors, you might come across one from renowned investor Warren Buffet that will certainly raise your eyebrows. It goes, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” Yet, we’ve always heard about diversification being one of the keys to success for retirement planning. How can these seemingly different ideas both be right?

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 30: The Transition To Owning Your Own Business - A Chat With Dave Parkin

Dave Parkin founded Connect Structural Engineering in 1999. They have been in business for over 20 years and the vast majority of their clients are architects. But before 1999, Dave was working under others and had an inclination that he eventually wanted to run his own business. Wade talks to Dave on how he worked through this transition and the ups and downs that go along with being an entrepreneur.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 29: Addressing Specific Retirement Concerns Of Baby Boomers

We’re talking specifically to Baby Boomers on this episode. What are the most common challenges, fears and objectives of this generation? What are some of the mistakes Boomers often make and how can they be avoided? We’ll ask and attempt to answer those questions on today’s show.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 28: Eye Opening Stats Showing How Americans Save

Vanguard’s “How America Saves 2020” report is packed with lots of intriguing stats and findings about Americans and how they save for retirement in the crazy year that is 2020 (most of the recent data is technically from 2019 although some figures are current through the Spring of 2020). Let’s look at some of the top takeaways from the study and how you might compare to the “normal” savings behaviors of Americans.

Important Links:

Vanguard Article: https://institutional.vanguard.com/ngiam/assets/pdf/has/how-america-saves-report-2020.pdf

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 27: Donor Advised Funds With Ben Bell

Ben Bell is President of the Southwest Region of The Signatry. He works with donors to encourage biblical generosity through different strategies. We break down what a donor advised fund is and the different ways you may be able to use one.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

The Signatry's Website: https://thesignatry.com/

Ben's Email: bbell@thesignatry.com

Phone Number: 214-707-6668

Ep 26: Let’s Put Your IRA Under Some Scrutiny

The IRA is an incredibly popular vehicle to save for retirement. But are you being too passive about how you’re saving and investing inside that account? Let’s put your IRA through some scrutiny to see if you’re truly taking advantage of all it has to offer and understand its pros and cons.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 25: Financial Issues Particularly Challenging For Women

Many financial issues impact us all the same. But, of course, other challenges have varying impacts from person to person because our situations are all unique. Let’s take a look at some of the financial and retirement challenges that are unique to women.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 24: Retirement Ready: Are You Clinging To False Hope?

We often find that people are clinging to certain ideas or beliefs that end up giving them a sense of false hope about their retirement. It’s a dangerous position to be in. Let’s explore some of the faulty thinking that ultimately leaves people underprepared for retirement.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 23: The Difficulty Of Financial Planning After The Death Of A Spouse

It is a life event that can be one of the most difficult things to go through both emotionally and financially. When one spouse dies, the remaining spouse is left to wrestle with a mountain of questions and choices. And although it’s difficult to discuss, proper planning can help make it easier to transition through this major life event. Let’s explore what someone should do in the event of a spouse’s passing, but also some of the pre-planning that can take place.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 22: What Is A Certified Kingdom Advisor?

We talk about Wade being a Certified Kingdom Advisor along with a Certified Financial Planner, but what exactly does that all entail? On today's episode, we'll tell you how he got that title, how Kingdom Advisors got started, and the mission behind the group.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 21: Investing Like A Genius

People are always studying geniuses and highly intelligent people, trying to get an understanding of what makes them tick. Let’s look at some of the common characteristics of highly intelligent people that you should apply to your financial life.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 20: How To Avoid Critical Retirement Planning Mistakes

Let’s talk about some of the common mistakes that we see being made time and time again by retirees and pre-retirees.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 19: Hidden Gems In Your Retirement Plan

If you’re like most people, you probably have some financial accounts that you haven’t paid much attention to recently. The statements are just collecting dust in your file cabinet, but they might actually be hidden gems that could be put to much better use. Let’s talk about some of the accounts that people tend to ignore for too long.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 18: Should You Tap Your Retirement Accounts To Make It Through The Crisis?

The Coronavirus stimulus bill now makes it easier for Americans to withdraw money from their 401(k)s and other types of retirement accounts. Is this a wise choice to help ease the burden of the crisis?

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 17: Coronavirus Market Update

Time for an update on where we stand with the markets, the economy, and retirement planning as it relates to the Coronavirus pandemic.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 16: 5 Ways To Take Advantage Of A Down Market

On our last episode, we talked about the impact that the Coronavirus had on the market. Many people feel worried and anxious when they see the market go in the red, but there are other who see it as an opportunity. Wade will tell us 5 ways we can potentially take advantage of a down market.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 15: Face Market Uncertainty With Guided Confidence

The Coronavirus (COVID-19) is having a dramatic impact on our daily lives and many people are taking a huge financial hit from lost wages, a volatile stock market, and general economic uncertainty. Wade will give his opinion on the current situation and why it is so imperative to have a solid financial plan in place.

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

Ep 14: Everything You Need To Know About Roth Conversions

The idea of a Roth conversion is intriguing to a lot of people, and for some people it can be a great strategy to enact. Let’s explore the concept…

Important Links:

Chessman Wealth Website: https://www.chessmanwealth.com

Call: 214-572-2120

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