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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.

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  2. Ep 31: 5 401(k) Tips for the End of the Year

Ep 31: 5 401(k) Tips for the End of the Year

Dec 9, 2021

As the year winds down, we help our clients with a checklist of items to get them prepared for the new year. One very important area to take a close look at is your 401(k) contributions. What can you do to improve your retirement account next year? Today we’ll share five tips to help you get the most out of your 401(k).

 

Read more and get additional financial resources here: https://lifemoneyshow.com/podcast/ep-31-5-401k-tips-for-the-end-of-the-year/752/ 

 

Read the article about DIY Estate Planning Mistakes: https://money.usnews.com/money/retirement/aging/articles/do-it-yourself-estate-planning-mistakes

 

Read the article about protecting yourself from online thieves: https://www.kiplinger.com/retirement/602162/retirees-protect-yourself-from-thieves-online 

 

What we discuss in this episode: 

1:16 – DIY Estate Planning

8:01 – Tip 1: Max out your 401(k)

10:37 – Tip 2: Make sure you’re getting employer match

14:11 – Tip 3: Can you up your contribution percentage?

15:12 – Tip 4: Understanding where you’re making contributions to

18:28 – Tip 5: Now is a great time to assess your investment mix

23:34 – Article review: protecting yourself from thieves online