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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 https://lifemoneyshow.com for more resources.

Sep 2, 2021

Retirement comes with some double-edged swords – things that are both negative and positive. We’ll explain what they are and how to approach them.

 

Read more and get additional financial resources here: https://lifemoneyshow.com/podcast/ep-17-the-double-edged-sword-of-retirement/634/ 

 

What we discuss on this episode: 

1:25 – Who taught Scott the most

6:01 – Stocks and investing

11:29 – Sudden wealth

14:15 – Roth IRA vs. traditional IRA

18:30 – Paying off your house

20:23 – Risk in your portfolio

24:10 – Question: Flipping houses as investment