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Retirement Fears, Contribute During Recession, Banking On An Inheritance – Mailbag Episode

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Manage episode 371761222 series 2891513
Content provided by Scott Sierens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Sierens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The journey to retirement can be turbulent, but with the right tools and knowledge, you can navigate this path with confidence. In today’s mailbag episode, we answer some listener questions about handling retirement contributions, fearing a recession, and banking on an inheritance for your retirement.

Tune in as Scott discusses the importance of planning for the best and preparing for the worst in this episode and shares helpful strategies for navigating your retirement planning journey.

Here's what we’ll discuss in this episode:

  • “I fear a recession, so I might stop contributing to my 401(k). Is this a good or bad idea?” (2:40)
  • “I want to retire, but I can’t imagine not getting a paycheck each month. How do people get used to this?” (8:57)
  • “I’m 60 and would love to retire, but I don’t have enough money yet. Would I be safe to go ahead and do so if I’m expecting an inheritance soon?” (17:48)

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

  continue reading

147 episodes

Artwork
iconShare
 
Manage episode 371761222 series 2891513
Content provided by Scott Sierens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Sierens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The journey to retirement can be turbulent, but with the right tools and knowledge, you can navigate this path with confidence. In today’s mailbag episode, we answer some listener questions about handling retirement contributions, fearing a recession, and banking on an inheritance for your retirement.

Tune in as Scott discusses the importance of planning for the best and preparing for the worst in this episode and shares helpful strategies for navigating your retirement planning journey.

Here's what we’ll discuss in this episode:

  • “I fear a recession, so I might stop contributing to my 401(k). Is this a good or bad idea?” (2:40)
  • “I want to retire, but I can’t imagine not getting a paycheck each month. How do people get used to this?” (8:57)
  • “I’m 60 and would love to retire, but I don’t have enough money yet. Would I be safe to go ahead and do so if I’m expecting an inheritance soon?” (17:48)

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

  continue reading

147 episodes

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