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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.

Jan 20, 2022

What changes should we expect to see with Social Security in 2022? Some of the changes could affect your check or your company paycheck. We’ll explain how the cost of living has been adjusted and answer a listener's question about when to collect Social Security.

 

What we discuss in this episode: 

3:12 – Cost-of-living

10:13 – Higher wage cap

12:05 – Higher earnings test limit

14:47 – Higher earnings threshold

17:45 – Mailbag: Work until 70?

 

Resources: https://www.usatoday.com/story/money/personalfinance/retirement/2021/12/13/social-security-changes-2022/49482083/

 

Read more and get additional financial resources here: http://lifemoneyshow.com 

 

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ