Should You REALLY Be Investing In A Retirement Annuity In South Africa? [Video]

Even though the ink is barely dry on the most recent Social Security COLA announcement, there are already signs pointing towards 2023 as being another record setting year. In this video I will share with you both the good news, and the bad news, of this potential increase. Check out the timestamps below for specific topics discussed ⬇️▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬WANT MY BOOK FOR FREE?Click below to download the Social Security chapter of my book for FREE 📖👉 https://bit.ly/Chapter3-SocialSecurity▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬🔴 SUBSCRIBE for more FREE tips 👇https://www.youtube.com/55retire?sub_confirmation=1▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Topics Discussed:● 0:00 Thinking about 2023 Social Security already?● 0:35 The current inflation scenario● 2:15 What is the CPIU chart, and what does it tell me?● 3:50 Do you have municipal bonds? Listen up!● 5:02 The MASSIVE Social Security COLA increase for 2022● 6:52 What will the Social Security COLA increase be for 2023?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Check out my most popular videos:Costly 401k: Rollover Mistakes ⏩ https://youtu.be/zVX6tUsCg1Q MASSIVE Social Security Increase ⏩ https://youtu.be/NMwvnhmCvLE 5 Reasons to Take Social Security at Age 62 ⏩ https://youtu.be/kQvdG3Vc2N4 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📲 CONNECT WITH US ON SOCIAL MEDIA:Facebook ➡️ https://www.facebook.com/55retire Twitter ➡️ https://twitter.com/55retire LinkedIn ➡️ https://www.linkedin.com/in/marksingercfp ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬🤝 BECOME OUR CLIENT:It only takes 2 steps ➡️ http://www.yourretirementauthority.com 1. Watch our free (60min) Masterclass.2. Once you watch the video you will be prompted to apply to become our client ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Music by: https://soundcloud.com/monawonderlick ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬#socialsecurity #marksinger #yourretirementguideDISCLAIMER*Your Retirement Authority makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action. Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org / www.SIPC.org, a Registered Investment Adviser. This communication is strictly intended for individuals residing in the states of FL, GA, MA, MD, NH, NJ, OR, PA, SC, SD. No offers may be made or accepted from any resident outside these states due to various state requirements and registration requirements regarding investment products and services. Please review our terms of use here: http://www.commonwealth.com/termsofuse.html

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Social Security, SSDI will get this much in 2022In this video, we discuss Social Security benefits including SSDI and how much of these millions of beneficiaries will be getting in 2022 as a result of everything going on right now. Many people in this community who receive Social Security benefits are wondering how much they will get it in 2022? This is what we cover in this video, how much will Social Security, SSDI and retirement benefits get it in 2022? We discuss all the answers in this video. This Video is specifically dedicated to Social Security retirement, Social Security disability, and Social Security survivors benefits, we also do have a dedicated videos talking about SSI, supplemental security income. If you are someone who receives Social Security benefits of any kind Including SSDI, this video is for you as we talked through some numbers. Of course we do not know what each specific person will be receiving simply because everybody receives a different benefit for the most part, however we discuss a general parameters around a monthly benefits in 2022.#SSDI #SSI #SocialSecurity Todays update on stimulus for seniors, ssi, and ssdi#socialsecurity #stimulusupdate

So you’ve heard about RA’s, aka Retirement Annuities, and you know that they are highly recommended by financial advisors to invest in in order to make sure you can retire comfortably. But is a RA really a good option? What exactly is lurking underneath the glamorous “Tax Savings” that gets promoted everywhere?Retirement annuities in South Africa have quickly become one of the most controversial topics, especially amongst the more experienced investors. So in today’s video, I am going to break open and analyze exactly what the benefits and concerns of a RA are, and at the end, I will give you my personal verdict and recommendation on whether or not you should consider investing in a RA based on my own conclusion.So if you want to start investing in a RA or if you are already invested in one but you are unsure if you should continue, then make sure to watch this video all the way to the end so that you can make your own, unbiased, informed decision. And by the way, when I talk about Retirement Annuities in this video, I am also talking about pension and provident funds, as they are all essentially the same thing. Okay, so let’s klap it!Youtube Chapters:00:00 Introduction01:31 Benefits of a Retirement Annuity in South Africa01:45 Benefit 103:09 Benefit 203:50 Benefit 304:08 Benefit 405:30 Benefit 507:33 Benefit 608:36 Drawbacks of a Retirement Annuity in South Africa08:45 Drawback 111:08 Drawback 212:28 Drawback 313:22 Drawback 413:55 Final VerdictHere are the links to the articles mentioned in this video: Tax savings on lower-income calculation: https://bit.ly/3v1CcBZRetirement Annuity calculator: https://www.mymoneytree.co.za/raMy Product Recommendations from this video: 👉💳 Enjoy my work? Consider supporting the channel by buying me a coffee: https://www.buymeacoffee.com/VetMarx🌍 Get a FREE stock worth up to $ 1 000 when opening an account at Interactive Brokers using my link: https://ibkr.com/referral/pieter834💸 Here is a direct link to create your own EasyEquities account and start investing today (Get a Free R 50.00 Voucher!): https://bit.ly/3va1kD4🤑 Get a R 200.00 FREE Crypto Cash Voucher by signing up with Revix: https://app.revix.com/register?promoC...📟 Get R 25.00 worth of Bitcoin by signing up with Luno: https://www.luno.com/invite/S6PZN7💰 Create your own BLOG: https://www.bluehost.com/track/vetmarx/🛍️ Get Ezoic Ads On Your website (No Pageview Limit): https://bit.ly/3g1ArfX🚀 Grow your YOUTUBE CHANNEL twice as fast by having access to trending keywords in your niche: https://www.Tubebuddy.com/VetMarxGear I use to create my videos: 👉Camera: https://amzn.to/3y6tMbRTripod: https://amzn.to/3hhJcnpLighting: https://amzn.to/3uDrD5iMicrophone: https://amzn.to/3uDr0bWRecorder: https://amzn.to/3hdwtCo#PersonalFinance #Entrepreneurship #Investing___________________________________________________________________________Who am I? My name is Pieter Marx de Villiers and I'm just an ordinary guy from South Africa who aims to retire by the age of 35 years. Follow me in my journey towards Financial Freedom in (hopefully) just a 10 year period! :)This channel will aim to help you achieve your personal financial goals through the things I’ve learned (mostly through my own mistakes) and researched to improve my own financial health. Let’s face it, school did not teach us much about managing our money properly and seeing that there are SO many financial traps that we are destined to step into if we are not careful, I want to make you aware of these potholes, how you can avoid them and how you can get out of them if you are already trapped. If you enjoy the content and find any value in my videos, consider subscribing and help me reach my goal for 2021 by reaching 10 000 subscribers on YouTube!Lekker!___________________________________________________________________________DISCLAIMERI am not a financial advisor. The content on this YouTube channel is only for educational purposes and should not be taken for financial advice. You and only you are responsible for your financial decisions and must therefore conduct your own research and seek the advice of a licensed financial advisor if necessary.Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.