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The Your Life, Your Money Podcast helps you thrive in life, wealth and retirement. The show is designed to navigate the complexities around money, building and securing wealth, and achieving financial independence. Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you make smart and sound financial decisions. The goal is to take complex financial subjects and make them simple and easy to understand so you can feel confident to take action, enjoy life, and eliminate financial stress and anxiety.

Scott, along with guests from across various industries, will cover topics such as tax savings strategies, investment and wealth management, IRAs, 401(k)s, retirement planning, income strategies, pensions, estate planning, social security, healthcare, and much more.

Retirement isn't an age or number. It's finding the balance between living life today and feeling financially confident about YOUR tomorrow.

Ask Scott your questions by calling 847-235-6989 or check out our podcast website at for more resources.

Jun 8, 2023

No one enjoys making mistakes, as they can result in wasted time and money and cause significant stress and frustration. In the complex world of retirement planning, there are countless pitfalls one could fall into if you aren’t properly prepared. In this episode, we’re going talk about the top 5 money mistakes that Scott often sees in retirement planning and how to avoid making them. 


Here's what we’ll discuss in this episode:  

  • Start strategizing about your future taxes in retirement. (3:13)
  • Utilize efficient investments in the right buckets. (7:40)
  • Should you be considering Roth conversions? (8:57)
  • Taking Social Security too early. (12:13)
  • The importance of having a clear purpose going into retirement. (17:45)
  • Planning for health care expenses in retirement. (20:03)
  • Being too conservative going into retirement. (22:38)


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Phone: 847-235-6989

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Life of Tax Article:,(%241%2C571%2C244)%20spent%20on%20taxes

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