Categories
Retirement Planning

How To Fix Social Security || Social Security Explained || Retirement Income Strategies [Video]

How To Fix Social Security || Social Security Explained || Retirement Income Strategies In this video I want to continue talking about Social Security and especially how to fix social security (This is not a political agenda video. Strictly retirement planning). We are talking about social security because it is a major aspect of your retirement income strategies and your retirement planning. Social security, medicare, & medicaid will make up 2.5 trillion dollars of the 2022 US budget. This is a HUGE piece of retirement money, BUT social security is in serious trouble. The government admitted that by 2033, the social security trust fund will be empty. In 2034, social security is estimated that it can only pay out 78% of your social security benefit. That is why we need to fix social security and protect your retirement income!How do we fix social security? Well in a perfect world the government would budget, cut spending, and appropriate funds to social security, but we don’t live in a perfect world. So, we have to fix social security with the rules that are in place for social security:1. Raise the Full Retirement Age for Social Security beneficiaries2. Raise Payroll Taxes (Least favorite option)3. Raise the Cap On Taxable Wages Keep in mind this is only social security. Medicare will be empty in 2026. Who pays for all this? Again, not a political statement, just asking for my retired and soon to retire clients. **Free Retirement Download: The Roadmap to Retirement:**https://yourfinancialekg.com/#download**To schedule your free virtual retirement and investment consultation with Drew, please select a day & time that works best for you: https://calendly.com/pearlwealthgroup/15-minute-phone-call ****Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. Please call me at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**And PLEASE SUBSCRIBE, LIKE, & COMMENT!Other videos you might like:Big Social Security Increase in 2021: https://www.youtube.com/watch?v=0WoEI80SruM&t=12sMax 401k Contribution 2021: https://www.youtube.com/watch?v=288ivBvYgM0Retirement Planning & Retirement Income: https://www.youtube.com/watch?v=jUQytd4qAjgRetirement Savings & Retirement Investing: https://www.youtube.com/watch?v=CbwZSYKRpXs QUESTION — What retirement topics would you like us to cover on this channel? Pearl Wealth GroupDrew Blackston, CRC® & RFC®Office: 813-807-5060Info@pearlwealthgroup.comPearlWealthgroup.comGetting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!Gear Used In Video (Links are affiliate):Camera: https://amzn.to/3spQitzLighting: https://amzn.to/3iV1YROMicrophone: https://amzn.to/3xWtdQpGlass White Board: https://amzn.to/3iTMhdPKeyword Research: https://www.tubebuddy.com/YourFinancialEKG#retirementplanning #retirement #yourfinancialekg

Categories
Retirement Planning

27. Everything You Ever Wanted to Know About Social Security But Were Too Afraid to Ask [Video]

Historically, many Americans have planned to rely on Social Security to get them through retirement. But what happens if Social Security isn’t enough to help you secure the retirement you want and know you deserve?In this episode, J. Barry Watts discusses some of those tough questions about Social Security, and helps you to understand how you can optimize that benefit to become your largest financial asset.Barry discusses:- The age at which you should start to file for Social Security- The minimum qualifications for Social Security – A breakdown of how Social Security is funded- How to maximize your Social Security benefit should your spouse pass away – How to avoid taxes on your Social Security- And moreResources:How to Have More Tax Free Income in RetirementConnect With Barry Watts:office@savingyoutaxes.com 800-278-1755SavingYouTaxes.comLinkedIn: J Barry WattsLinkedIn: SavingYouTaxesDisclosure: The content has been made available for informational and educational purposes only, and is not intended to be a substitute for professional tax and investment advice always seek the advice of your own qualified advisor with any questions you may have regarding taxes and investing.

Categories
Retirement Planning

How and Why to Track Your Numbers | 7 Figure Annuity Sales Podcast | Ep. 160 [Video]

How and Why to Track Your NumbersTracking your numbers can show you the areas in your process that need improvement, and whether or not a specific lead company works for you. In this episode, Chad and Caleb discuss what you should be tracking and how it helps you make adjustments to your business over time. ________________________Hi, I’m Chad Owen, I am a one-person $210M+ fixed annuity producer. I make all my own calls, run all my appointments, write my own applications, and do all my own follow-up calls. I also have an academy where I train agents like you on how to produce like I do. It’s with that that I would like to invite you to learn the skills I have developed and the secrets I have discovered in my ten years of fixed annuity production. Check out all I have to offer in the links belowCheck out my FREE Annuity Training Resources!https://www.theannuitysalescoach.com/Find third-party training to help you improve your annuity sales production!https://rragentsacademy.com/Is your FMO earning your overrides? Check out THE Annuity FMO…https://retirementrealizedfinancial.com/Find me online!LinkedIn: https://www.linkedin.com/in/chad-c-owen/Facebook: https://www.facebook.com/theannuitysalescoachTune into my podcast: 7-Figure Annuity SalesAvailable on Itunes, Spotify, and Google Music

Categories
Retirement Planning

Do Mom and Dad Need an Annuity? [Video]

My parents have an annuity that’s coming up for renewal, should they keep it or is there a better option? Have a money question? Go to jillonmoney.com for all the contact info.We love feedback so please subscribe and leave us a rating or review in Apple Podcasts!

Categories
Financial Planning For Doctors

Is There A Best Time Of Year To Retire? YQA 225-3 [Video]

In this video we’re answering the question “Is There A Best Time Of Year To Retire?” The White Coat Investor wants to help you stop doing dumb things with your money, so in this video series we answer questions you have submitted.To get your questions answered by The White Coat Investor, visit https://www.whitecoatinvestor.com/YQA and record your question.The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you’re a high-income professional and ready to get a “fair shake” on Wall Street, The White Coat Investor channel is for you!Subscribe Here: https://www.whitecoatinvestor.com/youtubeMain Website: https://www.whitecoatinvestor.comStudent Loan Advice: https://studentloanadvice.comFacebook: https://www.facebook.com/thewhitecoatinvestorTwitter: https://twitter.com/WCInvestorInstagram: https://www.instagram.com/thewhitecoatinvestorSubreddit: https://www.reddit.com/r/whitecoatinvestorOnline Courses: https://whitecoatinvestor.teachable.comNewsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter

Categories
Retirement Planning

How to Handle Inherited Annuity [Video]

When you inherit a variable, non-qualified annuity, what’s the best course of action? Have a money question? Go to jillonmoney.com for all the contact info.We love feedback so please subscribe and leave us a rating or review in Apple Podcasts!”Jill on Money” theme music is by Joel Goodman, www.joelgoodman.com.

Categories
Retirement Planning

Is Social Security Running Out by 2034? Here’s How We’re Planning SS For Our Client’s Retirement. [Video]

If you’ve seen the news recently then you may have seen the headlines about Social Security running out of money to pay full benefits by the year 2034. In this video, I share how we’re talking to our clients about it and my opinion on if we should be worried about it. -Dave Zoller, CFP®Subscribe to this channel here: https://bit.ly/Streamline-Youtube ———————–❤️[THE “DO IT YOURSELF” RETIREMENT PLAN]Achieve Your Successful & Secure Retirement WITHOUT A Financial Advisorhttps://www.davezoller.com/DIY-Retirement ✅ [THE PERFECT RETIREMENT PLAN] WATCH THE FREE WORKSHOPhttps://www.davezoller.com/PERFECT-RETIREMENT-PLAN🎁 [FREE GIFT: HOW TO FIND YOUR PURPOSE IN RETIREMENT]https://davezoller.com/retirement🏝 [HOW MUCH YOU NEED TO RETIRE?] Take The QUIZ To Find Out How Much You Need To Retire.https://streamlineplanning.com/free-resources/👍 [ HAVE QUESTIONS ABOUT RETIREMENT? ]APPLY FOR A PRIVATE RETIREMENT STRATEGY CALL WITH ME.https://streamline.typeform.com/to/icE3eC➡️ [CONNECT WITH ME ON LINKEDIN]https://www.linkedin.com/in/davezoller/ ———————–POPULAR RETIREMENT VIDEOS3 Must-Have Assets When Retirement Planning.https://youtu.be/ifykklPqqxgYou Know You Can Retire When You Answer YES To These 4 Questions. https://youtu.be/iiHrW_HufBY5 Things To Do 5 Years Before Retirementhttps://youtu.be/amOOCXDU91EThe 3-Bucket Retirement Withdrawal Strategy https://youtu.be/kfmVvVX_uo4 How Much Do I Need To Retire?https://youtu.be/xiYAr52GK7AScreenshots in video from;https://www.cnbc.com/2021/09/01/social-security-funding-woes-put-pressure-on-congress-to-solve.htmlhttps://www.barrons.com/articles/social-security-depleted-by-2034-51630449399?mod=hp_INTERESTS_economy-and-policy&refsec=hp_INTERESTS_economy-and-policyhttps://www.businessinsider.com/social-security-run-out-of-funds-2034-pandemic-2021-9———————–#retirement #socialsecurity #retirementplanningMUSIC: Sons and Daughters-Nickolas JonesSubway Dreams- Dan Henig1. https://streamlineplanning.com or2. https://davezoller.com/retirementDisclaimer: Since we don’t know your specific situation, none of this information should be construed as tax, legal, financial, insurance, financial advice, or other advice and may be outdated or inaccurate. It is your responsibility to verify all information yourself. This content is prepared for entertainment purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Streamline Financial Services, LLC or its members cannot be held liable for any use or misuse of this content.Disclosures: Securities offered through LaSalle St. Securities LLC (LSS), member FINRA/SIPC. Advisory services offered through LaSalle St. Investment Advisors LLC (LSIA), a Registered Investment Advisor. Streamline Financial Services is not affiliated with LSS or LSIA. LSS is affiliated with LSIA.

Categories
Retirement Planning

Social Security Running out of Money || Social Security Benefits Explained || Retirement Income [Video]

Social Security Running out of Money || Social Security Benefits Explained || Retirement IncomeIn this video I want to discuss the new forecast showing Social Security running out of money in 2033. This is an update to last years Social Security forecast that showed Social Security running out in 2034. Here are some quick highlights from the video:-Primary Social Security fund for Retired Individuals will run out in 2033.-Social Security is expected to pay out more retirement income to retired individuals than it takes collects in 2021. -Old Age & Survivors Insurance Trust fund which provides Retirement Income to retired social security claiming individual’s will from out in 2033, Medicare in 2026. -Tax Revenue will only cover 76% of social security benefits after 2033.-Higher inflation and Social Security COLA increase in 2022 will also deplete Social Security faster than expected.-Retirement Income should be protected with tactical retirement investment and retirement income planning.**Free Retirement Download: The Roadmap to Retirement:**https://yourfinancialekg.com/#download**To schedule your free virtual retirement and investment consultation with Drew, go to https://yourfinancialekg.com/, or call 813-807-5060.****Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. Please call me at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**And PLEASE SUBSCRIBE, LIKE, & COMMENT!Other videos you might like:Big Social Security Increase in 2021: https://www.youtube.com/watch?v=0WoEI80SruM&t=12sMax 401k Contribution 2021: https://www.youtube.com/watch?v=288ivBvYgM0Retirement Planning & Retirement Income: https://www.youtube.com/watch?v=jUQytd4qAjgRetirement Savings & Retirement Investing: https://www.youtube.com/watch?v=CbwZSYKRpXs QUESTION — What retirement topics would you like us to cover on this channel? Pearl Wealth GroupDrew Blackston, CRC® & RFC®Office: 813-807-5060Info@pearlwealthgroup.comPearlWealthgroup.comGetting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!Gear Used In Video (Links are affiliate):Camera: https://amzn.to/3spQitzLighting: https://amzn.to/3iV1YROMicrophone: https://amzn.to/3xWtdQpGlass White Board: https://amzn.to/3iTMhdPKeyword Research: https://www.tubebuddy.com/YourFinancialEKG#retirementplanning #retirement #yourfinancialekg

Categories
Retirement Planning

Turn Your 401k Into A Cash Machine With This Retirement Planning Upgrade [Video]

Congress has given 401(k) plan sponsors like your employer the green light for offering investments that provide guaranteed lifetime income — annuities — to plan members like you.Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.Learn more. Get more IBD by subscribing to our channel.Like us on Facebook https://facebook.com/investorsbusinessdailyFollow us on Twitter https://twitter.com/IBDinvestorsFollow us on Instagram https://www.instagram.com/investorsbusinessdailyFollow us on StockTwits http://stocktwits.com/InvestorsBusinessDaily

Categories
Financial Planning For Doctors

What Is The Reasoning Behind A 20% Savings Rate Of Gross Income For Retirement? YQA 224-3 [Video]

In this video we’re answering the question “What Is The Reasoning Behind A 20% Savings Rate Of Gross Income For Retirement?” The White Coat Investor wants to help you stop doing dumb things with your money, so in this video series we answer questions you have submitted.To get your questions answered by The White Coat Investor, visit https://www.whitecoatinvestor.com/YQA and record your question.The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you’re a high-income professional and ready to get a “fair shake” on Wall Street, The White Coat Investor channel is for you!Subscribe Here: https://www.whitecoatinvestor.com/youtubeMain Website: https://www.whitecoatinvestor.comStudent Loan Advice: https://studentloanadvice.comFacebook: https://www.facebook.com/thewhitecoatinvestorTwitter: https://twitter.com/WCInvestorInstagram: https://www.instagram.com/thewhitecoatinvestorSubreddit: https://www.reddit.com/r/whitecoatinvestorOnline Courses: https://whitecoatinvestor.teachable.comNewsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter