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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.

Mar 30, 2023

In this episode, we’re opening up the listener mailbag to answer questions about distributions that you might need to take from an inheritance, combining old 401ks into an IRA, and how to invest for inflation and how to invest if you’re on the doorstep of retirement.


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

  • An explanation of what inflation is and how it works. 3:10
  • Why you need to have equities in your portfolio to help combat inflation over time. 6:15
  • The three things you need to do as you approach retirement.  9:58  
  • How conservative do you need to be with investing when you get within 5 years of retirement? 14:24
  • Should you combine all of your 401ks into one IRA?  18:32
  • What you need to know about making withdrawals from inherited IRAs. 24:50


Want to get in touch?



Phone: 847-235-6989

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