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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 29, 2022

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these important decisions can’t be undone.

Here’s a little of what you’ll learn in this episode:

  • Wall Street’s prediction of the stock market's direction is often wrong. (3:54)
  • If you miss your window of opportunity and change your mind about claiming Social Security, you’ll be out of luck. (7:05)
  • Once you start receiving your pension, you won’t be able to select spousal benefits. (12:14)
  • At some point in most of our lives, we will need care. Don’t wait to get long-term care insurance. (18:04)

 

Article about Wall Street and their stock market predictions:

https://www.marketwatch.com/story/wall-streets-prediction-on-the-direction-of-the-stock-market-is-often-wrong-way-wrong-11663337484

 

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

 

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