I'm 60 With All Pre-Tax - How Do I Minimize Taxes

📌 Get started here: https://www.familywealth.co.za/get-st... Most South African retirees pay more tax in retirement than they ever did while working. Not because they did anything wrong — but because most of their money sits in pre-tax retirement vehicles. If you’re in your late 50s or early 60s and the bulk of your wealth is in: Retirement Annuities Pension Funds Provident Funds This Masterclass is for you. In this session, we unpack: Why retirement tax often increases after you stop working The hidden risk of relying too heavily on pre-tax retirement funds How living annuities can quietly push retirees into higher tax brackets Why even “well-prepared” retirees end up paying tax they don’t need to How smart retirement tax planning can reduce tax dramatically Real South African case study We work through a realistic planning scenario: A couple with ±R22 million in retirement funds Minimal discretionary assets No debt Strong savings habits And show why structure matters more than balance in retirement. Key concepts we cover: The ±R550,000 lifetime tax-free retirement lump sum — and how to use it properly Why living annuity drawdowns can force taxable income you don’t need The difference between income you spend and income you’re taxed on How retirees end up paying tax to South African Revenue Service on money they never use Why doing nothing is often the most expensive option 📌 Join our Retirement Community here: https://www.familywealth.co.za/retire... 📌 Get started here: https://www.familywealth.co.za/get-st... Check out our social media: Facebook: https://www.facebook.com/profile.php?... Instagram:   / familywealthcustodians   LinkedIn: https://www.linkedin.com/company/fami... Disclaimer: This video is for educational purposes only and does not constitute personal financial advice. Please consult a licensed financial planner or tax practitioner before making any decisions.