Channel Title: Sierens Financial Group Channel Description: A retirement planning & investment channel dedicated to helping you: Reduce Taxes | Make Work Optional | Maximize Retirement Income | Invest Confidently | Optimize Stock Compensation | Support Future Generations The goal is to take complex financial subjects and make them simple and easy to understand. Additional topics to include tax savings strategies, IRAs, Roth IRAs, 401(k)s, 403(b)s, retirement income strategies, pensions, social security, and more... Scott Sierens Sierens Financial Group, Inc. All videos are for informational purposes only. None of the content, comments, responses, information or any other item on this channel constitutes financial advice or recommendations. Public comments on videos are not controlled by, reviewed by, or reflect the views of Sierens Financial Group, Inc. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Sierens Financial Group, Inc. are not affiliated companies. <video> Big Retirement & Tax Updates Coming in 2025. What You Need to Know! Description: Big changes are on the horizon for 2025, and this episode is all about keeping you in the loop. From updates to 401(k)s, Social Security, and Medicare to new tax brackets and changes for inherited IRAs and HSAs, we’re covering it all. Whether you’re retired, approaching retirement, or just beginning to map out your plans, this discussion is for you. Plus, Scott has some exciting personal news- he and his wife are expecting a baby girl! While the podcast may take a brief pause when she arrives, you can expect him to return soon with more tips to help you thrive in life, wealth, and retirement. Here’s some of what we discuss in this episode: 0:00 – Intro 2:30 – 401(k)s, 403(b)s and 457s 6:45 – IRAs and Roth IRAs 8:08 – Social Security and Medicare updates 13:08 – Tax changes 18:34 – Health savings accounts 20:58 – Inherited IRAs for non-spousal beneficiaries #retirement #401k #taxes #socialsecurity #medicare Resources for today's show: 401k Changes https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000 https://www.cnbc.com/2024/11/23/401k-changes-2025.html#:~:text=For%202025%2C%20employees%20can%20defer,top%20of%20the%20%2423%2C500%20limit. Social Security & Medicare https://www.ssa.gov/news/press/factsheets/colafacts2025.pdf https://www.kiplinger.com/retirement/medicare/three-medicare-changes-on-the-horizon-for-2025 https://www.cms.gov/newsroom/fact-sheets/2025-medicare-parts-b-premiums-and-deductibles Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Where should you be saving your money? Description: Should you keep putting your money into a 401k or IRA or should you start looking at other types of accounts? If you haven't looked at the potential taxes on your savings, now is the time to start having that conversation and making adjustments. #taxplanning #retirementsavings Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Using the Rule of 72(t) to avoid penalties Description: If you want to avoid early retirement taxes and penalties, you have to know the exceptions to the rules. One of those is IRS Rule 72(t), which allows penalty-free withdrawals if structured properly. #taxplanning #taxfreeretirement Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> The Hidden Taxes of Early Retirement: How to Avoid Penalties and Surprises Description: #earlyretirement #retirementplanning #taxplanning #401k #taxtips If you're between the ages of 55 and 60 and considering early retirement, unexpected taxes and penalties could take a significant bite out of your savings if you’re not careful. In this episode, Scott shares key strategies to help you avoid costly mistakes and keep more of your hard-earned money. Scott breaks down: • Where these taxes and penalties come from. • Exceptions to the rules for accessing retirement funds before 59½. • Proven strategies to minimize taxes and penalties. He also walks through a real-life client story, demonstrating how proper planning helped someone retire at 55 while potentially reducing long-term tax burdens. Whether you’re nearing retirement or simply planning ahead, this episode offers practical insights to maximize your retirement story and avoid common financial pitfalls. Here’s what we discuss in this episode: 0:00 – Intro 0:44 – Basics of taxes & penalties 3:03 – Key exceptions to the penalty 7:25 – Strategies to minimize taxes 9:11 – Case Study 14:20 – Final Thoughts Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Roth Conversions EQUALS Income Description: When you start thinking about Roth conversions, you need to look at that conversion as income because it could impact other areas of retirement. #medicare #incomeplanning #retirementplanning Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Avoiding "I wish I would've" retirement regrets Description: Many retirees look back and say, "I wish I would have done this or that." An advisor's job is to help you avoid retirement regret and confidently move forward with your plans. #retirementplanning #retirementregrets #financialadvisor Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> 5 Clear Signs It’s Time to Retire Description: Are you starting to feel like you might be ready to retire but can’t quite pinpoint why? If so, today’s episode is perfect for you! We’ll explore five clear signs that it may be time to move on to the next chapter of your life. Join Scott as he breaks down these key indicators, including one crucial sign that should apply in every case- being financially prepared to take that next step. Don’t miss this insightful episode as Scott shares real-life stories to help you recognize these signs and determine if they apply to you! Here’s some of what we discuss in this episode: 0:00 – Intro 3:11 – You can’t wait to retire 4:30 – You don’t enjoy work anymore 7:01 – Things are changing at work 11:27 – You desire more personal or family time 13:54 – You’re financially prepared to retire #retirement #retirementready #whentoretire #retirementreadiness #retirementplanningtips Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> 3 Roth Conversion Factors You Need to Know Description: If you’re considering a Roth conversion, taxes are likely the first thing that comes to mind. Most people wonder what tax bracket they’re going to convert to and what they’ll end up owing in the year they make the conversion. While the tax piece of this is extremely important, we’ve found is that there are three factors people need to consider be-fore making any final decisions. It’s easy to forget about these factors but it could potentially lead to higher Medicare premiums, capital gains tax, or penalties for accessing your money. Join us as we dive into the complexities of Roth con-versions, shedding light on the often-overlooked elements that can affect your retirement planning. Here’s some of what we discuss in this episode: 0:00 – Intro 1:00 – Medicare IRMAA 6:03 – Capital Gains 11:24 – 5-year rule Watch these other videos on Roth conversions: 5 Roth Conversion Mistakes: https://youtu.be/Gp2pbLC0rko Should I do Roth Conversions with $2million in Retirement Savings: https://youtu.be/pUA4Boxu_58 Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> NEW auto-enrollment for 401(k) plans Description: tarting next year, the SECURE Act introduces auto-enrollment for 401(k) plans! New employees will automatically contribute at least 3% to their 401(k). #RetirementPlanning #SecureAct #401k Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Signs it might be time to retire Description: Listen in as Scott shares some signs that it might be time to retire... #retirement #timetoretire #retirementplanning #retirementpreparation Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Benefits of a brokerage account for early retirement Description: So many of the tools people use to save for retirement come with penalties for early withdrawal. That's not the case with a brokerage account. Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> If you're a saver, this is how a retirement planner can help you Description: Transitioning into retirement can be challenging for savers, especially when it comes to shifting from saving to spending their hard-earned money. Working with a financial advisor can help enjoy your retirement with confidence. #savers #retirementspending #retirementincome #financialadvisor Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> Stop Procrastinating These 4 Retirement Must-Dos Description: Everyone wants to know what it takes to be retirement ready, but are you doing everything you can now to put yourself in position? Today, we’re going to talk about four financial matters that we see people avoiding or putting off. It might not seem like a big deal at the time, but delaying these things can lead to less money, more stress, or uncertainty around your retirement date. Here’s what we discuss in this episode: 0:00 – Intro 0:48 – Taxes 3:39 – Understanding lifestyle needs 5:30 – Re-aligning investments 7:47 – Putting together a retirement plan #retirement #retirementplanning #taxplanning Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> 3 Big Retirement Regrets! Description: A random, retired YouTuber did a simple video exploring the top 5 regrets from other retirees he interviewed (all in their 70s). It blew up to almost half a million views (and counting). In today’s episode, we’re diving into three of the most impactful regrets from this list and offering proactive steps you can take to avoid making the same mistakes in your own retirement. The good news is, with the right planning and guidance, these regrets are entirely preventable. By understanding these common pitfalls ahead of time, you can ensure your financial plan is designed to avoid them. Scott will break down each regret and share how his expertise can help you navigate your own path to a more fulfilling retirement. Here's what we cover in this financial video: 0:00 - Intro 3:04 – The phases of retirement 5:25 – Wishing they retired earlier 13:14 – Wishing they had taken better care of their health 17:15 – Wishing they would have spent more early in retirement Retirement regrets video https://www.youtube.com/watch?v=mNUSJ3juAbA Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video> <video> The Reasons Your Retirement Transition Isn’t Easy (And How to Fix It) Description: Scott recently met with a prospective client who asked, “Why isn’t the transition into retirement easy?” While there’s no “easy button” for retirement, it doesn’t have to feel overwhelming or confusing either. In today’s episode, Scott explores why retirement, or the transition into it, might feel difficult, and why many people find the process more challenging than expected. More importantly, Scott will discuss how you can make this transition smoother and more manageable. From simplifying your financial life to creating a clear retirement vision, don’t miss these great tips that can make stepping into retirement a whole lot easier! Here’s some of what we discuss in this episode: 0:00 – Intro 2:57 – The junk drawer of accounts 10:13 – Savers who have a hard time spending 15:58 – Putting together your retirement vision #retirement #retirementplanning #retirementchallenges Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/work-with-us/ Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: scott@sierensfinancialgroup.com Appointment: https://calendly.com/sierensfg/intro-call </video>

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Description

A retirement planning & investment channel dedicated to helping you: Reduce Taxes | Make Work Optional | Maximize Retirement Income | Invest Confidently | Optimize Stock Compensation | Support Future Generations

The goal is to take complex financial subjects and make them simple and easy to understand. Additional topics to include tax savings strategies, IRAs, Roth IRAs, 401(k)s, 403(b)s, retirement income strategies, pensions, social security, and more...

Scott Sierens
Sierens Financial Group, Inc.

All videos are for informational purposes only. None of the content, comments, responses, information or any other item on this channel constitutes financial advice or recommendations. Public comments on videos are not controlled by, reviewed by, or reflect the views of Sierens Financial Group, Inc.

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Sierens Financial Group, Inc. are not affiliated companies.

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