If you’re serious about retiring with a quality of life that suits your style, then you’ll want to take a look at your current state of affairs. Hopefully you have a good start with an IRA- it’s fast becoming a vital piece of the puzzle for anyone who wants a secure retirement plan.
After all, most of us can’t count on pensions and Social Security alone to see us through. Ask yourself the following, and you may realize your IRA could be doing lots more for you:
- What does your retirement plan look like?
- Are you getting the most from your investments?
- Are you getting the most from your IRA?
- Do you know all your IRA investment options?
The Single-Most Important Piece of Advice About Your IRA…
If there’s one piece of advice we’d give to anyone building a retirement portfolio, it would be to make sure you investigate all your IRA investment options.
If you’re one of the millions of people who think an IRA is just for owning stocks and mutual funds, you may benefit from knowing that’s simply not true. The money you put into your Individual Retirement Account (IRA) can be invested in all sorts of alternative assets. Like what? Take a look at the following types of holdings you can choose from to diversify your IRA:
- real estate
- a closely held business
- gold & other precious metals
- coins
- rental property
- private mortgages
Of course the idea behind these non-traditional investments is that by purchasing them you are injecting diversity into your retirement plan. When stocks go down in value, you want something in your portfolio that goes up. That way, the overall value of your IRA remains stable and consistent.
Why You Haven’t Heard of These IRA Investment Options
The main reason most people don’t know about the all choices they have is because most brokerages don’t offer them. Big names like Vanguard, Fidelity etc, who manage our IRAs for us simply don’t bother to mention all the IRA investment options to us when we’re choosing our funds during the setup phase.
Why? Because alternative investments like real estate, loans and gold require additional care and handling expertise. They leave that expertise to the smaller brokers, who will offer what’s called a Self-Directed IRA.
A Self-Directed IRA Opens Up a Whole New World of IRA Investment Options
Self-Directed IRAs are emerging from under the radar into the financial perspective of regular investors like you and me. Why is the shift occurring now, when previously this type of investment vehicle was mainly for big-time investors and wealthy individuals?
Because more people are realizing they need something more stable than stocks and bonds in their retirement accounts. They want IRA investment options which offer stability against things like:
- stock volatility
- debasement of the dollar
- inflation
- world events that affect stocks, currency and interest rates
And finally, it must be said that the single most effective hedge against all these threats to your retirement savings is gold. Of all the IRA investment options to choose from Gold is a rock of stability amidst an ocean of volatility, financial crises, geopolitics and the decline of the dollar. Find out how you can open a self-directed IRA– it’s easier than you think and it can protect your assets for a safe, secure and balanced retirement portfolio.
