Preview Mode Links will not work in preview mode

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.

Nov 3, 2022

As we approach the end of the year, saving money on taxes becomes a bigger focus for many people. Today we’re focusing on some of the most common retirement planning questions about taxes.

We’ll talk about mistakes to avoid and how a proper plan can make a significant difference in your tax savings. Check out today’s show to find out how our advice can help your financial future.


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

  • Are all of my retirement accounts taxed the same? (3:25)
  • Will my taxes be lower in retirement? (10:26)
  • Am I going to have as many deductions in retirement as I did while working? (15:47)
  • Is there a way to get tax-free income in retirement? (19:57)
  • Should I move to an (income) tax-free state? (24:13)
  • What tax item commonly surprises couples? (26:11)
  • Listener question: Do I have to worry about taxes on inherited accounts? (28:26)

Read more and get additional financial resources here: 

Check out our YouTube channel: