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 https://lifemoneyshow.com for more resources.

  1. All Episodes
  2. Market Risks, Generational Wealth & Happiness in Retirement

Market Risks, Generational Wealth & Happiness in Retirement

Mar 14, 2024

In this episode, Scott is going to share some of the wisdom he gained from AE Wealth Management’s Wealth Elite Symposium he recently attended in Nashville, Tennessee. This event featured esteemed speakers from Schwab, former writers for the Wall Street Journal, experts from Fidelity, and more. Listen in as Scott shares his takeaways on market risk, recessions, interest rates, generational wealth, and happiness in retirement.

 

Here’s some of what we discuss in this episode:

0:00 - Intro

3:23 - Market risks, recessions, and the unpredictability of economic events

10:41 - Having an investment strategy that aligns with your timeline, tolerance, and income plan

12:48 - The impact of Fed interest rates on the market + accounting for inflation in your retirement plan

17:56 - How the potential decline in interest rates affects online savings accounts

20:48 - Items to keep in mind during this election year

23:30 - Normalizing conversations around wealth + being transparent with your beneficiaries

31:31 - Bringing happiness into your morning routine

 

Want to get in touch?

Web: https://sierensfinancialgroup.com/

Email: office@sierensfinancialgroup.com

Phone: 847-235-6989

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

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