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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.

Jul 1, 2021

Did you know that nearly a third of near-retirees fail a basic quiz on Social Security? It’s such an important piece of your retirement, so we want to make sure you know the answers.

 

Read more and get additional financial resources here: https://lifemoneyshow.com/podcast/ep-9-can-you-pass-this-social-security-quiz/503/ 

 

What we discuss on this episode: 

5:33 – About the quiz

11:35 – Benefits based on earnings

14:37 – Spouse’s death

16:16 – U.S. citizens

17:13 – Benefits not reduced

18:53 – Still working

23:23 – Dependent children

24:13 – Primary insurance

25:25 – Cost of living

26:44 – Government workers

29:08 – No earnings history

30:34 – Confusion