Apple PodcastsSpotifyGoogle PodcastsAmazon MusicTuneIniHeartRadio

Any media logos and/or trademarks contained herein are the property of their respective owners and no endorsement by those owners of Sierens Financial Group is stated or implied.

An Informational Retirement Podcast Dedicated To Helping You:​

Pension Selection, Challenges of Age Gaps, The Forgotten Costs – Mailbag Episode

In today’s show, we’re going to open up the listener mailbag and answer questions about pension selections, questions about the challenges you could face if there’s an age gap between you and your spouse, and then discuss the hidden costs you might not be seeing in your retirement income.


Each of these questions we’ll tackle today cover pretty common scenarios so you might find wondering about these down the road. Scott will provide some great thoughts and insight, recommendations, and strategies that could potentially be used in these situations. We always enjoy taking the strategies and tactics discussed on the podcast and apply them to some real life scenarios and that’s exactly what we’ll do today.


Key discussion points in this episode:

  • Should I even bother taking the spousal continuation option for my wife to keep getting the monthly payment if she outlives me?
  • My husband is 11 years old than me, and I probably have better genes than he does too, so it seems likely that I’ll be a widow for a significant portion of my retirement years. What sort of financial planning challenges does this create for me?
  • I need about $5,000 to live on each month in retirement, and my Social Security and pension will total about $5,300. Does this mean I’ll be able to leave my entire 401k behind to my son?


Want to get in touch?



Phone: 847-235-6989

Read more and get additional financial resources here: 

Check out our YouTube channel: 

BROWSE SHOWS BY TOPIC... Retirement Investing Finances


Pension Selection, Challenges of Age Gaps, The Forgotten Costs – Mailbag Episode

In today’s show, we’re going to open up the listener mailbag and answer questions about pension selections, questions about the challenges you could face if there’s an age gap...

Listen Now

Understanding RMDs: A Guide for Retirees & Pre-Retirees

In today's episode, we delve into a critical aspect of retirement planning that can significantly impact your financial future – Required Minimum Distributions (RMDs). Whether you've stashed your savings...

Listen Now

Do You Pay Tax On An Inheritance?

Are you expecting an inheritance, or planning to pass down assets to your loved ones? It's crucial to understand the potential tax implications that come with it. In this...

Listen Now

Important Ages on the Retirement Journey

Many say that age is just a number, but when it comes to retirement planning, age means much more than that. Join us in this insightful episode as we...

Listen Now

Move to Cash, Retirement Travel Spending, Real Estate & Taxes, Mortgage Tax Deduction – Mailbag Episode

We’re back with another mailbag episode today! Join us as we tackle a range of topics- from navigating investments during significant life changes to figuring out a retirement travel...

Listen Now

Inflation, Recession & Retirement Impacts

Recent headlines are buzzing with talk of inflation, recession, and their potential impact on your retirement plans. Should you be concerned? In this episode, Scott takes you through a...

Listen Now

Ways the Richest Americans Avoid Taxes

Scott recently came across an article that discussed 8 ways the richest Americans avoid paying taxes. While many might think that these strategies wouldn’t apply to their financial situation,...

Listen Now

3 Overlooked Issues that Could Sink Your Retirement

In today’s episode, we’re diving into three often underestimated issues that could significantly impact your retirement plan. With valuable insight and practical strategies, Scott sheds light on how to...

Listen Now

Resolving Retirement Sources of Tension Between Couples

Money can't buy love, but it can certainly start some spicy debates between you and your better half. In this episode, we explore five money minefields that can test...

Listen Now

Retire to Escape a Bad Job, Downsize Prior to Retirement, Gifting Now or Later, No Financial Worries – Mailbag Episode

We’re back with another mailbag episode for today’s show! We’re here to answer financial questions from listeners just like you. Stick around and see what strategies you can learn...

Listen Now

Meet Your Host

Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you thrive in life, wealth and retirement. 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, investments and wealth management, IRAs, 401(k)s, retirement planning, retirement 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.