Summary:
Traditionally people have considered their retirement 401Ks and IRAs to be like safety nets rather than wealth builders. However, with the self directed IRA, you need not be satisfied with growth rates in the single digits.
Traditionally people have considered their retirement 401Ks and IRAs to be like safety nets rather than wealth builders. However, with the self directed IRA, you need not be satisfied with growth rates in the single digits. It is possible to realize phenomenal growth potential outside of the traditional IRA markets, tripling and quadrupling your IRA's value is not uncommon, within relatively short period of time. It will not just happen, however. You have to take the reins of your retirement portfolio, put in the time and effort, and do your research. The possibilities are endless to those who are prepared to make the investment paradigm shift.
Most savvy investors, due to the ups and downs of the stock market, are frankly not as confident as they once were in the old financial planner adage that the stock market is going to go up forever. If your memory is a little foggy, then reflect back just a few short years.
Concerned that you will not retire in comfort? Put your IRA money to work and truly diversify your IRA portfolio with alternative investment vehicles. Your banker and broker will not allow you to invest in alternative investments because they want complete visibility and control over your IRA. In the meantime, they are earning fantastic returns on your money. Isn't it time you take the driver's seat.
Fundamentally, what do you need?