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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 for more resources.

Dec 8, 2022

The one constant in life is change, and there are frequent changes that you have to be aware of to make sure you’re getting the most out of your retirement plan. Here are five changes to the retirement landscape that you should be aware of in 2023.

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

  • Details on the new 401(k) limit increases and why it’s important. (3:59)
  • IRA limits are going up so what should you be doing? (9:44)
  • The IRA and Roth IRA income phase out range changes. (14:27)
  • Cost of Living Adjustments (COLA) for Social Security increasing 8.7% in 2023. Should this change your claiming strategy? (19:45)
  • Should you take advantage of the Roth option in your company 401(k)? (23:17)


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