When setting up their IRA, a vast majority of people opt for a regular IRA. While this option sets you up well for your post-retirement life, more individuals are now opting for silver IRAs as they provide added security, and diversity to your portfolio. If you’re familiar with traditional IRAs, you’d know that your money …
Tag: silver IRA
Pros and Cons of a Silver IRA
Before you move on to understanding the benefits and drawbacks of silver IRA, it’s better to understand what the silver IRA is. It’s a special type of retirement account that enables you to invest your money in silver bars and coins. It’s different from a traditional IRA because it isn’t eligible for silver investment. You can …
4 Ways to Boost Your Retirement Savings
The golden rule for retirement planning is the sooner you start to save and invest, the better off you will be. According to the Centers for Disease Control and Prevention (CDC), the average U.S. life expectancy is 78.6 years. If you’re currently on the other side of 50 and are still in good shape, chances are …
A Guide to Different Kinds of Self-Directed IRAs
In a self-directed IRA, investors have greater control and can utilize their experience and knowledge to make smart decisions. It grants the investor the ability to diversify their retirement portfolio by investing in more than just mutual funds, bonds, and stocks. With self-directed IRAs, you have the option to invest in private market securities, real …
The Silver IRA Rules You Should Know
Is your retirement fast approaching? Are you still a few years away from it and want to be prepared for the next phase in your life? No matter what the case is, opening an IRA account is a smart way of setting yourself up to live out your golden years comfortably. A silver IRA, especially, …
Top 5 Silver IRA Rules You Should Know
Regardless if you’re nearing the age of retirement soon or in the next decade or two, having your eyes set on a retirement plan that works for you is a way to maximizing your investments well for the long run. Precious metals IRA are often argued as one of the best ways to smoothen out …